Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity Rolls Out Indie Hub to Draw Breakaway Advisors
By John ManganaroJust half of advisors say they're knowledgeable about firm types and independence models, survey data shows.
October 16, 2023
SEC Won't Appeal Court Decision Paving Way for Grayscale Spot Bitcoin ETFGrayscale has argued that investors would benefit from the conversion of its trust into an exchange traded fund.
October 13, 2023
Capital One Banking Customers Report Missing Deposits, Login IssuesCapital One's customer service account on X said the bank's tech team was working to fix a known issue.
October 13, 2023
17 Best Financial Services Firms to Invest In: MorningstarThese companies have predictable cash flows and solid competitve advantages, according to analysts.
October 12, 2023
Ex-Barclays CEO Staley Fined $2.2M Over Epstein TiesHe is banned from work in finance after misleading U.K. regulators about his relationship with the sex offender.
October 12, 2023
Elite Wall Street Firms, Advisors Are Swapping SMAs for ETFsThe aim is to exploit the famous tax efficiency of the ETF wrapper, which means funds rarely incur capital gains tax.
October 11, 2023
Largest Financial Firms Grapple With Worst Write-Offs in Three YearsJPMorgan, Citigroup, Wells Fargo and BofA are set to report $5.3 billion in combined third-quarter net charge-offs tied to bad loans.
October 10, 2023
At DFA, ETFs Signal End of ExclusivityBut "the real reason for Dimensional's success has always been substance, not style," Dave Nadig says.