Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Berkshire Inches Toward $1T Valuation
By Subrat Patnaik, Tom Metcalf & Bre BradhamThe conglomerate just posted higher operating earnings thanks to a jump in insurance underwriting profits and investment income.
February 22, 2024
Stocks Around the World Are Swept Up in AI Rally"Few things are more certain than death, taxes, and Nvidia beats on earnings," said Ryan Detrick of Carson Group.
February 21, 2024
Citigroup Lifts Jane Fraser's Pay to $26MThe pay package for Fraser, the only female head of a U.S. banking giant, remains the lowest of her cohort.
February 21, 2024
'Thousands' of New Vanguard-Style ETFs Seen in $8.4T MarketFidelity, Morgan Stanley and Dimensional Fund Advisors want to use the multi-share class structure due to its tax advantages.
February 20, 2024
Dynasty Taps Schwab Veteran Tim Oden as Executive-in-ResidenceOden, an RIA specialist, joins Dynasty after leaving Schwab last fall.
February 20, 2024
Best & Worst Broker-Dealers: Q4 Earnings, 2023Six large BDs reported a drop in earnings in the final quarter of 2023.
February 19, 2024
Goldman Lifts S&P 500 Target With Profit Optimism to Drive RallyStrategist David Kostin sees the index rising to 5,200 by year-end, implying a nearly 4% rise from Friday's close.
February 16, 2024
Eli Lilly's Climb Has Morgan Stanley Asking the $1T QuestionAmong its product lineup is Zepbound, recently approved for weight loss and predicted to become the best-selling drug in history.