Asset management

The world's largest asset managers voted against many more directors than the previous year based on climate and racial equity issues.

Titan plans to challenge Fidelity and BlackRock and attract younger generations to active investing.

A research and methodology company with a star-studded board launched the product with an eye toward advisors, retail clients and institutional investors.

Wall Street is divided over the world’s biggest debt market as inflation breaks out and debt burdens swell.

Most foreign financial institutions have identified wealth management as a prime focus with investable assets estimated to double over the next few years.

Financial advisors, asset managers and researchers are racing to fill in the information gaps Americans reported in a new J.D. Power survey.

The acquisition will add $124 billion of European AUM and give Ameriprise access to the Canadian bank’s ESG strategies. It will also initiate a distribution relationship with the Bank of Montreal’s North American wealth management business.

Unlike competing financial services firms, the asset manager has agreed to undergo a racial audit.

More than half of the broker-dealer’s clients say they’re interested in increasing the share of socially-responsible investments in their current portfolio.

The principal for operations and strategy of an independent research firm explains the range of available products and ESG data.

Over the past year, the 20 mutual funds in this ranking have an average gain of more than 100%. Their fees are also more than twice the broader industry.

Impact investment manager Rachel Robasciotti and other advocates say the private proceedings are harmful to victims and helpful to firms protecting serial harassers.

The deal will push Paris-based iM Global’s assets above $24 billion and enable it to break into wealth management.

Questions about job losses and real estate are adding more complexity to the usual post-deal issues involving advisor retention and company consolidation.

The unit has $603 billion of assets under management and employs more than 450 investment professionals.

Much of the industry’s skepticism centers on the cryptocurrency’s unpredictable price swings and the lack of things it can buy since its creation.

The results underscore the standout performance of the industry's largest firms in equities, a business where Europe’s banks have struggled to keep up in recent years.

To streamline the company, CEO Charlie Scharf has been looking to sell certain businesses since taking over in 2019.

The firm is the latest in a line of big money managers making a late entry into the $5.6 trillion ETF market.