Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
SEC Approves Retail-Friendly Blackstone Private Credit Fund
By Ellen Schneider and Olivia FishlowThe interval fund will offer exposure to areas such as real estate, direct lending and asset-backed loans.
March 05, 2025
What a Broken Dishwasher Can Teach You About Engaging ContentThe optimal way to communicate depends on what needs to be said; form should indeed follow function.
March 04, 2025
BlackRock Buys Hutchison’s Panama PortsThe deal is the largest infrastructure purchase in BlackRock’s history after it bought infrastructure specialist GIP in 2024.
March 04, 2025
Citi Copy-Paste Error Almost Sent $6B to Wealth AccountThe error occurred in the same month that the bank accidentally credited $81 trillion to a different client.
February 24, 2025
Wamco Names 4 Deputy CIOs After $120B in OutflowsThe firm seeks to emphasize a team approach after criminal charges against former star trader Ken Leech.
February 24, 2025
Equitable Agrees to Reinsure 75% of $32B in Individual Life Policies With RGAEquitable plans to handle policyholder relations and continue to write some life insurance.
February 21, 2025
Vanguard's VOO Overtakes State Street's SPY as World’s Biggest ETFThe Vanguard S&P 500 ETF has raked in some $23 billion so far in 2025.
February 20, 2025
BlackRock Is Out to Unite Public and Private MarketsLast year, the fund giant went on the biggest deal spree in the history of “alternative” asset management.