Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Ameriprise Sees 11% Increase in Advisor Productivity
By Allison BellLife and annuity sales fell as the company continued to turn away from benefits guarantees.
July 22, 2022
Sectors to Watch in a Range-Bound Equities MarketIt's a frustrating time for stock investors. Here's what I'm buying now.
July 21, 2022
Bob Doll Checks In on His 10 Predictions for 2022Crossmark's chief investment officer issued a midyear update, noting that four predictions appear headed in the right direction.
July 20, 2022
Cathie Wood's Ark Shutters Transparency ETF in First ClosureThe fund gained only $12 million in assets since inception, a fraction of the $9 billion in Wood's flagship fund.
July 20, 2022
How BlackRock Lost $1.7T of Clients' MoneyThis year ranks "as the worst start in 50 years for both stocks and bonds," said Chairman and Chief CEO Larry Fink.
July 19, 2022
BofA Survey Shows Full Investor Capitulation Amid PessimismInvestor allocation to stocks plunged to levels last seen in October 2008 while exposure to cash surged to the highest since 2001.
July 18, 2022
Wall Street Set for New ETF Gold Rush as Single-Stock Era BeginsAll told, at least 85 more such ETFs are currently planned, according to filings tracked by Bloomberg, covering some 37 companies.
July 18, 2022
Morgan Stanley, Goldman Say Stocks Have Yet to Find a BottomAlso, JPMorgan strategists say that markets could experience more challenging earnings-related news over the summer.