Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Spot Bitcoin ETF Trades Top $3.5B on 'Ground-Breaking' First Day
By Emily Graffeo & Katie GreifeldThe Grayscale Bitcoin Trust and BlackRock's iShares Bitcoin Trust proved very popular with investors Thursday.
January 10, 2024
Ark's Cathie Wood Says SEC Hack Shouldn't Delay Bitcoin ETF DecisionShe made the remarks as Wednesday's deadline loomed for a ruling on about 12 applications for spot bitcoin funds.
January 09, 2024
BlackRock to Cut 3% of Workforce"We see our industry changing faster than at any time" since the firm's founding in 1988, CEO Larry Fink said.
January 09, 2024
Morgan Stanley Displaces Citigroup as Least-Loved Big Bank StockAs bank-stock analysts have reconfigured their ratings for 2024, Citigroup scored upgrades.
January 09, 2024
Bill Gross Casts Shade on Treasurys, Sees 10-Year 'Overvalued' at 4%The Bond King also said shorter-end notes would make more sense for those interested in the market.
January 08, 2024
BlackRock Says Last Year's Risk Rally Has Legs 'Well Into 2024'BofA, Goldman Sachs and other firms also expect the S&P 500 to soar to record highs this year.
January 08, 2024
Blackstone's First PE Fund for Rich Individuals Gets $1.3BThe move challenges conventional wisdom that advisors and investors should seek out only stocks, bonds and index funds.
January 08, 2024
Grayscale Tops Rivals With Highest Fee on Spot Bitcoin ETF"This fee war is the best possible situation for end investors," said a Bloomberg Intelligence ETF analyst.