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CEO Ronald O’Hanley says the poor performance reflects both the industry’s “continued challenging conditions,” as well as “lower client activity.”
April 24
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The firm, along with the broader asset management industry, is focused on ways to expand its global reach amid mounting pressure for growth.
April 24
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The partnership aims to provide exposure to areas such as middle-market private equity, real estate and infrastructure.
April 23
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The firm has experienced net outflows in each fiscal year since 2014.
April 23
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Analysts have speculated that the firm may sell DWS as one way to cover the costs of a potential takeover of Commerzbank.
April 22
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The change will boost the firm’s “ability to reach a dramatically larger audience,” said CEO Stephen Schwarzman.
April 18
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The products have benefited from the past decade of “economic expansion and bull market for risk assets,” one expert says.
April 17
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The fund aims to undercut its cheapest competitor by 1 basis point.
April 17
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Taking on ESG presents fresh challenges for a $3.1 trillion industry that has grappled with sub-par returns.
April 17
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The last time SPY saw inflows of this magnitude U.S. stocks were on the cusp of a bear market in late 2018.
April 16
