Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity Shuffles Senior Executives
By Dinah Wisenberg BrinSeveral top managers at the financial giant were given new roles in a major leadership shakeup.
February 06, 2024
Kansas City Chiefs Owner Sees Private Equity as Option for NFLThe NFL remains off limits to private equity investors and relies on ultra-high-net-worth individuals to offer billions to buy franchises.
February 05, 2024
BofA Cuts CEO Moynihan's Pay 3% to $29M for 2023Morgan Stanley's James Gorman and Wells Fargo's Charles Scharf each received pay hikes of 17% or more last year.
February 05, 2024
SS&C Seeks $889M in Appeal of BNY Data-Misuse CaseBNY Mellon "destroyed and refused to produce relevant evidence" that would have shown how it used market data from SS&C, the appeal says.
February 05, 2024
Big Tech Stocks Face High Bar to Sustain Gains in 2024While Nvidia's revenue is expected to soar 119% from the year prior, Alphabet's is seen dropping 7%, according to Bloomberg data.
February 02, 2024
Stock Bull Run Powers Ahead as Economy RoarsEconomic optimism is outweighing bets that the Federal Reserve will refrain from cutting rates in the first quarter.
January 31, 2024
20 Years In, T3 Remains an Emerging Tech BarometerA decade ago, the hot topic was robos. Then came direct indexing. Here's what the industry's talking about now.
January 30, 2024
'Big Short' Investor Shrugs Off Warnings on Deficit, StocksSteve Eisman, now with Neuberger Berman, says he's "more long-oriented" on the U.S. market despite others' deep concerns.