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To streamline the company, CEO Charlie Scharf has been looking to sell certain businesses since taking over in 2019.January 15
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The firm is the latest in a line of big money managers making a late entry into the $5.6 trillion ETF market.January 13
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The move is about “expanding access to high quality growth investing to non-accredited investors,” says Upholdings CEO Robert Cantwell.January 8
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The unit could fetch more than $3 billion, according to people familiar with the matter.December 15
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The firm, which has more than $3 trillion under management, runs dozens of mutual funds and was a pioneer in index investing.December 11
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Potential customers include hedge funds, crypto miners and over-the-counter trading desksDecember 10
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The top 20 outpaced the broader industry and had an average net expense ratio far below the 0.45% investors paid last year.December 8
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While broadening stock-market gains may one day provide more fertile ground for picking equities, right now fundamental managers are struggling.December 3
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Loose monetary policy and huge stimulus injections have some investors questioning the validity of traditional long-term approaches.November 24
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The firm expects to receive bids this month, according to a person familiar with the matter.October 23