Asset management

Macro funds, which invest in broad global trends, had the biggest disparity.

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.

Direct lenders, including hedge funds and buyout firms, are prepared to spend billions to lure borrowers away from the $1.2 trillion leveraged loan market.

So much faith has been put on the partial trade deal with China that stocks have nearly recovered since President Trump’s first round of tariffs on imports.

Funds that track custom-built indexes often seek exposure to securities based on factors like ESG and strategies that would typically be actively managed.

As asset managers create younger wholesaling teams, they're also adapting models that leverage digitally savvy hybrid roles.

The fund will track an index that divides the industry into five categories: pharmaceuticals, testing and analytics, cultivators, hemp and ancillary business.

The $1.8 billion deal is expected to close in mid-2020.

Jeff Smith's dismissal was first announced in a memo by CEO Larry Fink and President Rob Kapito, who only said the executive had violated corporate policy.

"It's going to become increasingly more important for financial professionals to understand the potential benefits of sustainable investing," an exec says.

“It’s going to become increasingly more important for financial professionals to understand the potential benefits of sustainable investing,” an executive says.