Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
15 Financial Firms That Are Laying Off Workers
By Michael S. FischerThe trend of surging headcounts in the industry appears to be reversing for now.
December 16, 2022
Goldman Sachs May Cut Up to 4,000 JobsThe firm's headcount has surged in recent years as CEO David Solomon completed acquisitions to build a more diversified company.
December 15, 2022
Stocks Push Lower as Investors Digest Rate MovesThe S&P 500 dropped as much as 2.9% and the Nasdaq 100 fell as much as 3.7% Thursday afternoon.
December 14, 2022
What Wall Street Is Saying About the Fed's Rate Hike"Slower growth forecasts, yet more hikes. That's not a great combination for markets," said Richard Bernstein Advisors' Dan Suzuki.
December 13, 2022
12 Best & Worst Broker-Dealer Stocks of 2022The stock prices of most publicly traded BDs have fallen in 2022, with several notable exceptions.
December 12, 2022
Vanguard Defends Strategy as Critics Pile InAl Gore recently called Vanguard's decision to quit the world's biggest climate-finance alliance "irresponsible and shortsighted."
December 12, 2022
DFA Lists 2 New ETFsDimensional introduced a U.S. large-cap value ETF and an ETF offering exposure to U.S. and international real estate stocks.
December 09, 2022
Top Money Managers See Double-Digit Stock Gains in 2023Bloomberg's survey finds 71% of fund managers expect equities to rise with an average anticipated gain of 10% next year.