Asset management

To grow, firms need to be as engaged in the marketing and sales side of their business as they are in the investment side.

Assets under management at Nancy Prior’s group, which includes bond and money market funds, have grown from $714 billion under her leadership.

The SEC-approved ETF strategy protects “the intellectual alpha of active managers.”

Protesters and nonprofits are ramping up criticism of the largest fund managers for what they say is insufficient action around the global environmental crisis.

The bank created a new unit that houses its Marcus online lending business and credit-card venture with Apple.

Managers of the funds became increasingly involved with private debt last year; boosting their median allocation to 2.9% from 2.1%, data show.

ETFs tracking themes — such as robotics, blockchain and cannabis — closed the year just 1% higher than where it started.

In the 1960s, iconoclastic reformers started a campaign to kill fixed brokerage fees. Today, we’re witnessing the logical culmination of that effort.

Competition with an ever-rising stock market, the difficulty of raising assets and the steady march of time are just a few factors leading managers to the exit.

Now, armed with data from the rule’s rollout in Europe, asset managers in the U.S. have a better sense of each analysts’ worth — fairly or not.