Special Program Root Tag

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

These firms oversee more than $185 billion in combined assets.

This year’s list of the 150 largest firms represents an industry that will emerge from a post-COVID world deeply altered.

Gold buying by central banks, an important driver of bullion’s advance in recent years, is forecast to pick up in 2021 after a slowdown this year.

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

The Bloomberg Barclays Global High Yield Index flipped to an annual loss this week after just seven weeks in the green.

A majority of wealth managers worry about non-business concerns such as the national debt, immigration, civil unrest and media bias, according to a new survey.

In the first half of the year, fewer than a third of U.S. domestic equity fund managers delivered annualized returns that outpaced the S&P Composite 1500.

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

The fund giants voted for 99% of U.S. directors proposed by the energy, utility, banking and automotive companies reviewed by nonprofit research group Majority Action.

“Investors are going into lower, more passive mutual funds because they don't want to pay the fees,” an expert says.

Funds from the biggest three issuers account for more than 80% of the industry's total assets.

While some industry employees are eager for the normalcy of their offices, others are more reluctant as experts predict another rise in virus cases.

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.

BlackRock’s CEO said he fears big ideas and impromptu “water-cooler moments” will be lost as businesses operate remotely via video conference calls.

“A typical Gen Z-er may not be as interested in owning a mutual fund," says Contrafund's Will Danoff.

Chairman Jerome Powell and other officials have stressed that recovery is highly dependent on the nation’s ability to better control the coronavirus.

The bullion rally has shown signs of losing momentum as economies reopen.

“Expense ratios matter to most people, particularly when you're looking at these mostly passive funds,” an expert says.