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 Wants to Break Into an ETF Market Dominated by Vanguard
By Miles Weiss & Emily GraffeoFidelity said portfolio managers in charge of funds with a dual-share structure could engage in "careful tax management."
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.
October 25, 2023
'All Cases Are Important,' SEC's Gensler SaysGensler and the agency's enforcement director also addressed off-channel communications Wednesday at the Securities Enforcement Forum.
October 25, 2023
Chase Customers Again Report Missing Money, Wrong BalancesChase online banking users complained that transfers from Venmo, CashApp, Uber and PayPal weren't showing in their accounts.
October 25, 2023
Nasdaq 100 Falls Over 2% as Bond Yields RiseWall Street is grappling with a batch of poor corporate earnings and heightened Treasury volatility.
October 25, 2023
Schwab Poised to 'Navigate This Pain': CEO BettingerAt its Impact event, CEO Walt Bettinger addressed issues tied to interest rates and the TD Ameritrade integation.