Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
What BlackRock's Latest Deal Means for Rivals, Advisors
By Bernice Napach"It's no surprise the biggest players are rushing in to buy these [direct indexing] capabilities to protect their turf," says consultant Tim Welsh.
November 13, 2020
Schwab Closing In on $6T in AssetsWith the TD Ameritrade deal completed, Schwab is catching up to other industry giants like Vanguard, BlackRock and Fidelity.
November 06, 2020
Top Asset Managers in 10 Categories, Ranked by Advisors — J.D. Power, 2020Advisors rated the firms on factors including trustworthiness, research and ease of doing business.
November 06, 2020
Fidelity Hiring for Digital Assets PlatformThe news comes three weeks after the industry giant said it wants to fill some 4,000 new client-facing positions.
October 26, 2020
Schwab Cutting 1,000 JobsThe move comes close to three weeks after the firm wrapped up its purchase of TD Ameritrade.
October 16, 2020
Asset Managers Are Eating Life Insurers' ShareEY analysts say one result of life insurers' woes is a $120 trillion global life protection gap.
October 12, 2020
4 Steps for Advisors to Evaluate Dynamic IndexesAs the universe of these indexes expands, many advisors rely on back-tested performance data. But there's a better way.
October 09, 2020
Asset Managers Ignore DOL Proposal to Limit ESG Assets in Retirement Plans"The regulation is not slowing down marketing and distribution efforts promoting DC-focused ESG products," according to Cerulli.