Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman's Create-Your-Own ETF Hub for Clients Debuts First Funds
By Katie GreifeldThe consulting service is the first of its kind among the large Wall Street banks.
October 02, 2023
Fidelity Fined $1.7M for Lax Approval of Options TradersFINRA and the Massachusetts Securities Division fined Fidelity for "rubber-stamping" options trading applications.
September 29, 2023
Dimensional Adds 2 ETFs, More Expansion PlannedWith seven new and forthcoming products, the firm projects 38 funds in the suite by year end.
September 28, 2023
SEC Finalizing 19 New Settlements in Wall Street WhatsApp Probe: ReutersThe settlements are with investment advisors and broker dealers, according to the report, with details expected by Sept. 30.
September 28, 2023
Capital Group Launches 5 Active ETFsThe new funds bring Capital Group's active ETF offerings to 14 in all.
September 28, 2023
Schwab Launches Online Inheritance HubThe center aims to help investors handle paperwork digitally and gives them access to dedicated estate professionals.
September 27, 2023
Franklin Templeton Expands Its SMA Offering at JanneyJanney advisors now will be able to offer eight Franklin Templeton custom, tax-managed index-based SMAs.
September 27, 2023
Wells Fargo to Buy NYC's Neiman Marcus Space for $550MThe bank plans to convert the space at Manhattan's Hudson Yards into offices, according to people with knowledge of the deal.