Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
GMO's $8B Fund Is Beating S&P 500
By Isabelle Lee & Denitsa TsekovaOne Grantham fund is up roughly 25% even though it avoided two of the benchmark's biggest gainers: Nvidia and Tesla.
December 06, 2023
Why Financial Planning Beats Asset Management for Client Retention: Jeff DekkoThe CEO of Wealth Enhancement Group talks about building a cohesive culture while growing at breakneck speed.
December 06, 2023
Equitable Joins S&P MidCap 400 IndexMark Pearson, Equitable's CEO, predicted the index listing will increase the company's visibility.
December 05, 2023
Tom James to Leave Raymond James' BoardHe will keep an office at the firm's headquarters "and continue in several advisory roles," the bank says.
December 05, 2023
JPMorgan Retained 90% of First Republic Clients After TakeoverOne executive said the bank should hit its "integration milestones" and expects to "outperform the deal model."
December 04, 2023
Here's What Life and Annuity Issuers Spend on Investment CostsIndividual insurers' expenses range from less than 0.1% to more than 0.4% in data presented to state regulators.
December 04, 2023
Stock Bulls Likely Headed for a Letdown: Bob DollThe veteran prognosticator expects economic and market factors to limit equities' running room.
December 01, 2023
Fidelity Customers Face Issues With Trading Site, AppsThe investment firm acknowledged issues with its mobile apps, trading platform and website.