Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock Plans New ETFs to Ride — Or Dodge — Biggest Tech Firms
By Vildana HajricOne fund aims to let investors capture the boom in smaller tech firms while avoiding the big behemoths.
August 06, 2024
Goldman Says Buying S&P After 5% Drop Is Usually ProfitableReturns after a 5% decline have been positive in 84% of episodes, the research shows.
August 05, 2024
'As an Industry, We Can Do Better' for Clients, RIA Says"Wall Street uses tricks to fool customers," Merrill advisor turned RIA Christopher Manske says.
August 05, 2024
Vanguard CEO Aims to Bring Low-Cost Investing to Private AssetsSalim Ramji took over as head of the asset manager in July as the first-ever outsider to lead the company.
August 05, 2024
Wall Street Hit by Fears Economy Is in 'Danger Zone'Ed Yardeni said today's selloff is like the '87 crash, when the economy averted a downturn despite investors' concerns.
August 05, 2024
Global Selloff Intensifies With Focus on Fed RescueNasdaq 100 Index futures are down over 4%, and earlier Japanese equities crashed by the most in over a decade.
August 04, 2024
Berkshire Cuts Apple Stake by Almost HalfThe conglomerate, led by Warren Buffett, sold $75.5 billion worth of stock on a net basis in the second quarter.
August 02, 2024
JPMorgan, Citi Predict Two Supersized Fed Cuts This YearFed policymakers met earlier this week and signaled a start to lower borrowing costs as soon as September.