Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
JPMorgan Cuts Economic Growth Forecasts 'Perilously Close' to Recession
By Cécile DauratThe bank reduced its estimate for annualized gross domestic product growth to 1% for the second quarter, down from 2.5% earlier.
July 01, 2022
BofA Says Brace for Recession Shock After Worst Rout in 52 YearsMeanwhile, Goldman Sachs strategists say the risk of a renewed selloff in equities is still high as investors price in just a mild recession.
June 30, 2022
Bob Doll: Biggest Risk Now Is Weak Earnings"When there's a lot of red on the screen ... buy a few stocks," the famed prognosticator advises.
June 30, 2022
GMO's Inker: Why Investors Shouldn't Fear a Recession in 2022Any downturn would likely be "shallow" and could provide relief from inflation, the GMO partner tells ThinkAdvisor.
June 29, 2022
Annuity Hedging Is Working Well: Milliman's Adam SchenckAdam Schenck, a Milliman fund services executive, steers issuers through the ups and downs in the investment markets.
June 28, 2022
10 Ways to Find Business This Summer"Sell in May and go away" is not helpful advice when you want to grow your business.
June 28, 2022
Goldman Says Losses From Its Consumer Push to Top $1.2B This YearThat tops the roughly $1 billion hit Goldman estimated for 2020, saying it would be the low point for the Marcus venture.
June 28, 2022
Cathie Wood Says She Got Inflation Wrong, Continues Ark StrategyThe flagship Ark Innovation ETF has fallen about 53% this year; yet Wood maintains she'll "stick to her knitting."