Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman Gives CEO Solomon $80M to Stay Put, Hikes Pay 26%
By Todd GillespieThe retention awards for both him and President John Waldren entail no stock-performance metrics.
January 16, 2025
Morgan Stanley Profit Doubles to $3.7BIn wealth management, net new assets fell just shy of estimates though revenue topped expectations.
January 15, 2025
BlackRock Gets Record Client Cash, Revamps Leadership TeamThe $641 billion in client cash tally included $390 billion flowing into its ETF business overall last year.
January 15, 2025
JPMorgan’s Jenn Piepszak Named COO With Pinto to Retire in 2026The biggest U.S. bank is shuffling its top management for the second time in a year.
January 10, 2025
Fake WisdomTree Execs Duped Over 1,000 Investors: LawsuitThe fraudsters falsely claimed they hosted a conference with Fidelity, Goldman, BlackRock and Vanguard, WisdomTree's lawsuit contends.
January 09, 2025
Dodge & Cox CEO and Chair Dana Emery to RetireAt year-end, she will be succeeded by David Hoeft as chair and Roger Kuo as CEO.
January 07, 2025
Big-Tech Love and Fear Fuel Record Boom for Invesco ETFsStill, the firm was a distant third behind Vanguard and BlackRock in terms of 2024 asset flows.
January 06, 2025
Citi Wealth Taps J.P. Morgan Wealth Exec for Investment Advisory RoleMarc Turansky most recently led advisory programs at J.P. Morgan Wealth Management.