Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
State Street Global Advisors Has a New Name
By Dinah Wisenberg BrinThe rebranding emphasizes "investing in our clients as they invest in the markets," CEO Yie-Hsin Hung says.
June 26, 2025
ProShares Rolls Out Buffer ETFs That Reset DailyThey target long-term, risk-sensitive investors like retirees who want to invest in stocks but avoid big market swings.
June 24, 2025
What Vanguard's Investment Team Split Could Mean for InvestorsJeff DeMaso asks whether Vanguard will be able to keep costs low and performance high.
June 24, 2025
Private Funds for Retail Investors Jump to $350B: MorningstarYet the average annual expense ratio for semi-liquid funds is 3.16% vs. 0.97% for active mutual funds and ETFs.
June 23, 2025
Northern Trust Commits to Staying Independent After BNY ApproachA tie-up would bring together two of the largest custodian banks in the world.
June 23, 2025
Vanguard to Establish Two Distinct Investment AdvisorsThe split into two wholly owned units is a "major shift," Vanguard watcher Jeff DeMaso says.
June 20, 2025
Fidelity Fund Bets on Midcaps Saying Tariff Shock Is OverIt's maintaining its conviction ahead of July 8, when reciprocal levies start for nations that don't have U.S. trade deals
June 20, 2025
UBS Confirms Data Stolen After Hack at External SupplierCEO Sergio Ermotti’s direct phone number was also among the leaked information.