Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Jonathan Bloomer, Morgan Stanley International Chair, Dies
By Harry Wilson, Jonathan Browning & Leonard KehnscherperThe late executive, who died in Monday's yacht sinking off the coast of Sicily, also had been CEO of Prudential Plc.
August 23, 2024
Western Asset's Leech Leaves CIO Role Amid SEC, DOJ ProbesRegulators are looking into if some clients were favored over others in the allocation of gains and losses from derivatives trades.
August 22, 2024
15 Cheapest States for Early RetirementThose leaving the workforce at 50 will need enough savings to see them through decades.
August 22, 2024
Want Your Clients to Invest More? Educate Them, Ex-NFL Linebacker SaysBrandon Copeland talks to ThinkAdvisor about financial mistakes, missing football and why he doesn't want to be an advisor.
August 21, 2024
TD Takes $2.6B Hit on Probe, Sells Schwab SharesThe bank is selling part of its stake in Charles Schwab to cover fines it expects to pay for failures in its money-laundering controls.
August 21, 2024
Oaktree Nears Deal to Buy Big Stakes in 2 B. Riley UnitsThe asset manager is not looking at the firm's wealth management operations, which include about $26 billion in assets.
August 20, 2024
10 Best Robo-Advisors: Q2 2024The robo industry has reached a mature phase, with over $1 trillion in assets, according to Condor Capital.
August 20, 2024
Morgan Stanley's Bloomer, Other Yacht Passengers Feared DeadMorgan Stanley International Chair Jonathan Bloomer is among those lost after a luxury yacht sank Monday off the coast of Sicily.