Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Portfolio Experts to Highlight 2024 Outlook
By Janet LevauxCarson's Ryan Detrick, Frontier's Robert Miller and Hightower's Zachary Christopher zoom in on the markets this Wednesday.
December 15, 2023
8 Tax-Loss Harvesting Tips for 2024Loss harvesting benefits from an always-on mentality, so be ready to take potential action early next year.
December 14, 2023
JPMorgan to Unplug Its Robo-Advisor, Citing Weak DemandAutomated investing hasn't become profitable for many in the industry, "including us," the company said.
December 14, 2023
Envestnet Explores Sale of YodleeThe TAMP wants to solicit interest from potential buyers of the data aggregator, which it acquired for $590 million in 2015.
December 14, 2023
Blackstone Goes All-In on Taylor Swift FandomFor its yearly holiday video, the private equity firm goes all-in on its infatuation for the singer and songwriter.
December 14, 2023
Citigroup Offers Partial Early Bonuses to Encourage Staff DeparturesAlong with the bonus awards, employees who accept the offer could also keep all of their deferred stock awards.
December 14, 2023
UBS Intensifies Cash Clawback From Credit Suisse DefectorsThe bank's law firms are threatening legal action if the required amounts, estimated at under $750 million, aren't returned.
December 13, 2023
S&P 500 Extends Gain After Powell's RemarksFed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.