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The manager is touting momentum stocks even as its own ETF tracking the style suffers its longest outflow streak ever.
February 25 -
The private equity giant with a track record of taking firms public would add the IBD to its list of more than 850 investments for $73 billion worldwide.
February 25 -
Beacon Capital is shifting to the manager’s sector products after volatility late last year prompted it to sell stock funds and hole-up in debt.
February 22 -
The company is considering buying bolt-on units to expand in private credit, real assets and non-U.S. businesses, said PGIM CEO David Hunt.
February 22 -
The firm’s acting head has cut jobs and merged teams to reign in withdrawals that began after manager Tim Haywood’s suspension, who was dismissed Thursday.
February 21 -
The Fed’s pause on interest rate hikes has been a “net positive” for the category, an expert says.
February 20 -
Outfits like Ken Griffin’s Citadel and Ray Dalio’s Bridgewater have grown so big that they’ve effectively become printing presses for their ultra-rich owners.
February 15 -
The tax-focused IBD’s custodial and platform transition is taking longer than the company or its advisors expected.
February 14 -
Productivity may not come back, but private equity may be the answer for some.
February 14 -
The dueling plans will almost double both firms’ platforms to nearly 1,000 combined products.
February 13