BlackRock in Advanced Talks to Buy Private-Credit Firm HPS
By Dinesh Nair, Swetha Gopinath, Aaron Kirchfeld & Silla BrushThe deal would leave BlackRock, which managed $11.5 trillion as of Sept. 30, with more than $500 billion in alternative assets.
October 30, 2024
Capital Group, KKR Partner to Debut Funds for Wealthy InvestorsTheir two funds will be sold through financial advisors and will allocate about 60% of assets to public credit and 40% to private credit.
October 30, 2024
2 Advisors Launched Red, Blue ETFs. Here's What Happened.The idea of aligning financial goals with personal values has been around for centuries. But politically themed funds have struggled.
October 30, 2024
Schwab Expands 24-Hour TradingStocks in the S&P 500, Nasdaq-100 and hundreds of ETFs will be available around the clock on weekdays.
October 29, 2024
Cause of Death Found for Wells Fargo Employee Who Died at DeskThe body of Denise Prudhomme, 61, was discovered days after she'd scanned into the office.
October 29, 2024
Jeremy Grantham's GMO Expands ETF FranchiseThe launch comes as the value approach is underperforming growth shares for a second straight year.
October 29, 2024
BlackRock to Launch 4 Laddered Bond ETFsThe funds of funds contain Treasurys, TIPS and investment-grade and high-yield bonds.
October 29, 2024
Mariner Says Neuberger Berman Is Its New Minority InvestorCEO Marty Bicknell will stay on as leader of the $246 billion RIA and keep majority control.