Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman, JPMorgan Soar With Trump Poised to Deliver Deregulation
By Marion DakersTrump has vowed to cut the corporate tax rate, eliminate 10 regulations for every new one and fire some financial regulators.
November 05, 2024
Ex-Merrill Wealth Chief Launches RIAThe new firm, Indivisible Partners, will launch in the first quarter, John Thiel says.
November 05, 2024
What Makes the 2024 Luminaries Finalists Stand OutSee our new guide to the firms and individuals redefining leadership and innovation in wealth management.
November 04, 2024
BlackRock Seeks to Offer Vanguard-Style ETF Shares in Mutual FundsThe firm joins dozens of others who've made similar requests since Vanguard's patent on the structure expired.
November 01, 2024
Bond Yields End Week Higher as Market Preps for Trio of RisksTraders held tight to expectations that policymakers will cut rates by a quarter-point on Nov. 7 and again on Dec. 18.
November 01, 2024
Race for Private-Credit ETFs to Face SEC ScrutinyA planned State Street-Apollo ETF will have to comply with a rule that caps illiquid investments in a fund's net assets at 15%.
November 01, 2024
Stifel to Buy Part of B. Riley's Wealth UnitThe deal, which could be priced for as much as $35 million in cash, involves up to 50 advisors and $4.5 billion of client assets.
November 01, 2024
JPMorgan Pays $151M to Settle Slate of SEC ComplaintsOne issue involved a Reg BI violation for steering clients into pricey mutual fund investments despite cheaper alternatives.