Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Clearing, Trading Most Popular Uses for Fintech by Advisors: Survey
By Jeff BermanISS Market Intelligence looks at the fintech providers advisors use most.
June 29, 2023
Fidelity to Convert 6 Enhanced Index Funds to ETFsThe conversion will bring lower expenses and additional trading flexibility, according to Fidelity.
June 28, 2023
Wood's Ark Adds Possible 'Silver Bullet' to Bitcoin ETF FilingThe language mimics a clause in BlackRock Inc.'s spot Bitcoin ETF filing, which landed roughly two weeks ago.
June 27, 2023
Fidelity Eyes Spot ETF as Bitcoin Nears One-Year HighBlackRock recently filed its application for a spot Bitcoin ETF, which sent Bitcoin to a new high for 2023.
June 27, 2023
UBS Plans to Cut Over Half of Credit Suisse WorkforceBankers, traders and support staff in Credit Suisse's investment bank in several locations should likely bear the brunt of the cuts.
June 26, 2023
Morgan Stanley's Wilson Sees Big Risks of a 'Major Correction'"The headwinds significantly outweigh the tailwinds and we believe risks for a major correction have rarely been higher," the strategist said.
June 26, 2023
Here's Where the Market Is Headed After a Wild First HalfA strong first half for the S&P 500 has typically led to another solid run in the remaining six months, according to Bloomberg data.
June 22, 2023
JPMorgan to Pay $4M Over 47 Million Deleted RecordsThe SEC alleges that JPMorgan Securities permanently deleted the electronic records, including emails and instant messages.