Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard Buys New Campus in Charlotte
By Dinah Wisenberg BrinThe giant asset manager purchased the 91-acre North Carolina property for a reported $117 million.
April 02, 2024
UBS Plans $2B of Share BuybacksSince closing its takeover of Credit Suisse, the wirehouse has outlined targets for the integration, including $13 billion in cost savings.
April 01, 2024
How to Find the Right Asset Allocation for Your Retiring ClientTo plan for your client's unique needs, here's what to consider.
April 01, 2024
Raymond James Adds $1B RBC Wealth GroupThe three veteran advisors work in the greater Phoenix area.
April 01, 2024
Crash or Soar? Investors Get Ready for Stock Market ExtremesThe S&P 500 gained 10% in the first quarter, but there's growing concern that an unpriced risk could knock the bull market off its feet.
March 29, 2024
Morgan Stanley's ETFs Break $1B With Fund ConversionsFidelity, DFA, JPMorgan and other firms have switched billions of dollars between the two fund types over the past three years.
March 28, 2024
Bankman-Fried Sentenced to 25 Years in Prison Over FTX CollapseHe faced as long as 110 years behind bars after being convicted last year of seven offenses, including fraud and conspiracy.
March 28, 2024
UBS Pays CEO $15.9MSergio Ermotti returned to the post last April, after the bank said it was rescuing its former rival Credit Suisse.