Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Pimco’s Ivascyn Embraces Trump-Driven Bond Market Volatility
By Michael MackenzieHis approach has helped the Income Fund rally in the past three months, beating 96% of rivals.
January 31, 2025
Blackstone Sees Trillions From Rich Flowing to Private MarketsThe firm's private wealth unit, launched in 2011, now manages over $250 billion for individual investors.
January 31, 2025
Investors Hit Fidelity With FINRA Claim Over Advisor Accused of Losing $11MFidelity missed red flags when an advisor made risky trades on its platform, according to an arbitration claim.
January 29, 2025
What Vanguard's New Advice Unit Could Mean for Clients: MorningstarIt remains to be seen whether investors will take to Vanguard's stepped-up advice efforts, an analyst says.
January 22, 2025
Widows Will Inherit $51 Trillion in Great Wealth Transfer: CerulliWith so much money poised to be passed on to women, advisory firms should address gender service gaps.
January 21, 2025
Schwab Earnings Top Estimates on Record InflowsTotal client assets were $10.1 trillion, after passing $10 trillion for the first time in November.
January 21, 2025
Fidelity Customers Report Mobile App, Website Access TroubleUsers complained of difficulty accessing the firm’s website, app and active trading platform.
January 17, 2025
Goldman Gives CEO Solomon $80M to Stay Put, Hikes Pay 26%The retention awards for both him and President John Waldren entail no stock-performance metrics.