Asset management

“The idea is economic fairness, economic justice, economic inclusion. Not just making donations,” says Ariel Investments co-CEO John Rogers.

The firm's new suite of eight low-cost ETFs include two funds that are no-fee.

Don’t expect significant changes anytime soon to longstanding complaints about conflicts of interest in the “issuer pay” model of the ratings business.

The firm joins a growing number of asset managers offering hidden-asset products.

As big banks adopt off-the-rack approaches to reopening skyscrapers to armies of employees, the asset management industry’s solutions are much more bespoke.

One French trade group reports that the country’s managers reduced research budgets by as much as 75% between 2017 and 2019.

Despite recent upheaval, some clients will still be shocked their portfolios have shown declines.

With return targets growing ever more elusive, many investors are willing to take their chances with private debt and equity.

The pandemic has sealed the fate of small, niche offerings that have failed to gain traction.

The purchase comes as active asset managers feel intensifying pressure to bulk up as they face stiff competition from passive and index-tracking funds.