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’s 'Bumpier' Quarter Fuels Worst Earnings Day in Years
By Silla BrushThe asset manager's second-quarter performance missed estimates, even as assets hit a record $12.5 trillion.
July 14, 2025
Morgan Stanley, Goldman and Wells Fargo to Settle $120M LawsuitThe trio helped Bill Hwang’s $36 billion family office place massive bets on stocks.
July 11, 2025
F2 Strategy Scoops Up Asset Servicing FirmThe deal to buy Aliter Investment Services is the firm's second purchase this year.
July 10, 2025
How to Mitigate Rather Than Magnify Clients’ Retirement WorriesThe best advisors present multiple options for funding retirement, including annuities, and do so without bias.
July 09, 2025
Citigroup, AssetMark to Expand in Charlotte and Add 762 New JobsAssetMark plans to invest $10 million to establish an East Coast hub in Charlotte’s central business district.
July 09, 2025
BlackRock’s Cash-Like ETF Eclipses Infamous Long-Bond TradeOne fund has emerged as a haven for cautious cash holders; the other continues to fall out of favor.
July 08, 2025
Goldman Hires Former UK Prime Minister SunakSunak, who will serve as a senior advisor, previously worked at the bank as an intern and analyst.
July 07, 2025
Cathie Wood Targets Investor Jitters With Buffer ETFsArk wants to launch four funds that seek to protect investors against modest losses in the equity market while still offering upside.