Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
SEC Names New Investment Management Director
By Melanie WaddellBrian Daly, a partner at Akin Gump Strauss Hauer & Feld, will replace Natasha Greiner, who departs July 4.
June 06, 2025
BlackRock to Eliminate About 300 Jobs in Second Cut This YearThe cuts represent about 1% of BlackRock's workforce.
June 04, 2025
JPMorgan to Offer Clients Financing Against Crypto ETFsThe bank will soon let retail and HNW clients use holdings of iShares Bitcoin Trust as collateral for loans.
June 03, 2025
BlackRock Escapes Texas Oil-Boycott Blacklist After ESG RetreatThe state's pension funds and investment accounts can buy the firm's shares and ETFs and hire it for advice.
May 30, 2025
Merrill Picks Up 6 Advisors From Rival WirehousesThe reps worked with combined assets of over $1 billion while at Morgan Stanley, UBS and Wells Fargo.
May 28, 2025
Cantor Fitzgerald Agrees to Buy UBS Hedge Fund UnitThe deal includes O’Connor’s six investment strategies, which have about $11 billion in assets.
May 20, 2025
Annuity Provider Finds an Advisor-Client GapInvestors prioritize steady income and security as they plan to leave the workforce, Global Atlantic research finds.
May 06, 2025
Morningstar Will Now Call Out Lackluster Private InvestmentsIts rankings will target funds that tend to charge steeper fees in exchange for potentially higher returns.