Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Wells Fargo to Buy NYC's Neiman Marcus Space for $550M
By Natalie WongThe bank plans to convert the space at Manhattan's Hudson Yards into offices, according to people with knowledge of the deal.
September 26, 2023
Future Proof Wealth Festival Returns With GustoThe SoCal event drew a large crowd of advisors, asset managers, fintech VIPs, sports pros and music artists.
September 25, 2023
NASAA Releases New Study Guides for Qualification ExamsThe materials aim to help financial professionals navigate the Series 63, 65 and 66 licensing exams, the group says.
September 25, 2023
Wells Fargo Preps for Wealth Battle After $1B TurnaroundThe bank wants to lure hundreds of independent advisers to FiNet, says wealth and investment chief Barry Sommers.
September 25, 2023
Morgan Stanley's Wilson Sees Risks Rising for Consumer StocksThis group of equities, which includes Amazon, is up 26% this year, double the 13% advance in the S&P 500.
September 22, 2023
Vanguard to Launch 2 New Active Bond ETFsThe ETFs should provide investors with broadly diversified, single-fund fixed-income holdings, Vanguard said.
September 22, 2023
Goldman Sent Inaccurate Data to the SEC on 163M TradesThe bank agreed to pay a $6 million fine.
September 21, 2023
BlackRock Launches TIPS ETF SuiteThe 10 funds are the industry's first TIPS defined-maturity bond ETFs, BlackRock says.