Asset management

The move is about “expanding access to high quality growth investing to non-accredited investors,” says Upholdings CEO Robert Cantwell.

The unit could fetch more than $3 billion, according to people familiar with the matter.

The firm, which has more than $3 trillion under management, runs dozens of mutual funds and was a pioneer in index investing.

Potential customers include hedge funds, crypto miners and over-the-counter trading desks

The top 20 outpaced the broader industry and had an average net expense ratio far below the 0.45% investors paid last year.

While broadening stock-market gains may one day provide more fertile ground for picking equities, right now fundamental managers are struggling.

Loose monetary policy and huge stimulus injections have some investors questioning the validity of traditional long-term approaches.

The firm expects to receive bids this month, according to a person familiar with the matter.

More than 130 fund management and financial advisory firms have written letters opposing the plan. And the complaints keep coming.

It’s a dilemma that could reshape the classic investing strategy as the Fed holds rates near zero for the foreseeable future.

Innovation is key in today's dynamic market. Suni Harford, president, asset management at UBS walks us through two significant innovations she drove in the asset management industry this year — including a ground-breaking approach to climate change and sustainable investing.

Among the decade’s worst performers — those with more than $1 billion in assets under management — were a handful of products with stellar short-term returns.

The additions are expected to include financial advisors and customer service agents, and represent a 15% increase in associates who focus on clients.

Days after completing the purchase of E-Trade, CEO James Gorman’s second major transaction of the year aims to bulk up the firm’s asset management arm.

Demand from clients has some advisors reconsidering sustainable investing strategies.

The market for newly minted stocks has exploded this year, with U.S. initial public offerings raising more than $80 billion so far.

Donald Trump has all but promised to dispute the election outcome if he loses. Wall Street’s taking him at his word.

“It’s not just a shiny object, it’s really about content,” the firm’s head of ETFs and indexed strategies said.

That decision was “heavily debated” and so far the company has found that its operations have fared well with remote work, Jose Minaya said at a conference.

The firm’s talent-analytics associate director had claimed the company hired fewer women than men and that she was paid less than her male counterparts.