Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity to Launch 2 Active ETFs
By Dinah Wisenberg BrinFidelity also is cutting fees, changing names and tweaking management teams for three existing ETFs.
February 08, 2024
Advice for NFL Players, From a Financial Advisor Who's Been ThereEx-NFLer Walter Stith of Morgan Stanley discusses young players' challenges and why he's rooting for the 49ers.
February 08, 2024
Fidelity Shuffles Senior ExecutivesSeveral top managers at the financial giant were given new roles in a major leadership shakeup.
February 07, 2024
Stocks Closes on the Brink of Historic 5,000 MarkEquities extend a torrid surge from their October 2022 lows on prospects that a solid economy will keep fueling corporate earnings.
February 07, 2024
Model Portfolio Growth Stalling While SMAs Gain Favor: ReportConcerns about underperformance and fees, combined with the need for more customization are behind the shift, Escalent says.
February 06, 2024
Kansas City Chiefs Owner Sees Private Equity as Option for NFLThe NFL remains off limits to private equity investors and relies on ultra-high-net-worth individuals to offer billions to buy franchises.
February 05, 2024
BofA Cuts CEO Moynihan's Pay 3% to $29M for 2023Morgan Stanley's James Gorman and Wells Fargo's Charles Scharf each received pay hikes of 17% or more last year.
February 05, 2024
SS&C Seeks $889M in Appeal of BNY Data-Misuse CaseBNY Mellon "destroyed and refused to produce relevant evidence" that would have shown how it used market data from SS&C, the appeal says.