Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
New York, New Jersey Muni-Bond Buyers Reap Net Yields Near 10%
By Nic QueroloIn states like California and Texas, investors in the top tax bracket can reap yields ranging from 8% to 10%.
October 27, 2023
Dimon Plans to Sell $135M of JPMorgan SharesDuring his tenure, the bank's shares have jumped nearly 250% and have has helped turn him into a billionaire.
October 27, 2023
Fidelity Wants to Break Into an ETF Market Dominated by VanguardFidelity said portfolio managers in charge of funds with a dual-share structure could engage in "careful tax management."
October 26, 2023
10 Best & Worst HSAs for Investing: 2023Overall, HSAs have improved since last year, but they fall short in some areas, Morningstar finds.
October 26, 2023
With Yields Above 5%, Some Investors Say It's Safe to Buy Bonds AgainAmeriprise says financial advisers and clients should start moving cash into bonds as the Fed wraps up its tightening cycle.
October 26, 2023
Vanguard to Open Wealth Office in MiamiIt will serve advisors, brokers and family offices that each manage $10 million to $50 million for Latin American clients.
October 26, 2023
Raymond James' Profits Take $55M Hit From FinesThe $55 million hit was tied to the SEC's industry sweep of firms' off-channel communications.
October 26, 2023
Morgan Stanley's Ted Pick to Succeed James Gorman as CEOCo-President Andy Saperstein will become head of wealth and investment management.