Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Morgan Stanley Wealth Management Draws Fed Scrutiny
By Sridhar Natarajan & Katanga JohnsonThe regulatory focus is on measures to prevent potential money laundering by non-U.S. wealthy clients.
November 08, 2023
Gundlach: Recession Will Crush 'Magnificent 7' Stocks in 2024"I would get out of them," Gundlach said, discussing what stock investors should buy instead.
November 08, 2023
Citigroup to Pay $25.9M for Armenian-American DiscriminationFrom 2015 to 2021, it singled out credit card applicants suspected of being of Armenian descent based on their surnames.
November 07, 2023
UBS Kicks Out Billions of Rich Credit Suisse Client MoneyAlso, $30 billion of assets in the wealth unit were reclassified as "related to non-strategic relationships," the bank said.
November 06, 2023
Future Proof Partners to Stage March EventThe gathering in Colorado will offer three types of networking and activities for a smaller wealth management crowd.
November 06, 2023
Stocks Hold Gains After Big Rally on Fed RatesBut a rally in stocks could be short-lived since equities don't fully reflect rates remaining higher for longer, says one analyst.
November 03, 2023
At Dynasty, Ex-CNBC Anchor Reports for a New AudienceRon Insana says his new market strategist role is what he's always done but "in a different vertical."
November 02, 2023
Skip Schweiss: RIAs Can't Afford to Ignore These Big TrendsA fast-evolving set of risks and opportunities is challenging late-career workers, retirees and advisors, Schweiss says.