Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Stock Rally Is Deepening Beyond AI-Fueled Craze
By Rita NazarethMarket breadth has improved, with multiple sectors showing stronger relative strength, says Janney Montgomery's Dan Wantrobski.
June 14, 2023
S&P 500 Should End Year at 3,900: Morgan Stanley's WilsonThe bank's top U.S. equity strategist is warning that a profit recession is still underway and implies a nearly 11% drop in the index. .
June 13, 2023
Stocks Climb on Bets Fed Is Ready to Take a BreakThe S&P 500 rose for a fourth consecutive day and was on pace for its longest winning run since early April.
June 13, 2023
15 Largest U.S. Banks by AssetsAssets at the four biggest banks grew nearly $500 billion in three months, according to S&P Global.
June 12, 2023
AI Hype Starting to 'Smell Like Dot-Com Era': Investment VeteranNvidia, for instance, is up nearly 30% since late May and more than 160% this year — helping the Nasdaq add a third to its value.
June 12, 2023
JPMorgan to Pay $290M to Settle Epstein Victim's SuitThe deal with the victim identified only as Jane Doe doesn't end JPMorgan's legal headache over its ties to Epstein.
June 12, 2023
S&P 500 Advances Toward Highest Since April 2022While the advance in the S&P 500 was mild, it was enough to drive the gauge above 4,300.
June 12, 2023
Morgan Stanley, Goldman at Odds on S&P 500's Bull Market Rally"More are declaring the bear market officially over; we respectfully disagree due to our 2023 earnings forecast," said Morgan Stanley's Michael Wilson.