Asset managers

A new report from the nonprofit Knight Foundation examined diversity in outside money managers of endowments at the wealthiest public and private universities in the country.

Regional ties such as being fans of the Buffalo Bills and Sabres led to the deal, which is being backed by the family office of the teams’ owners.

As inflation rises, it's likely to cause trouble for the biggest money-management firms, bringing an end to the rapid consolidation in the industry, writes Richard Cookson.

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.

The company didn’t look into the incident carefully before firing Amy Cooper the following day, the suit says.

While several analysts are bullish, not all are convinced of the Canadian asset manager’s newfound strategy.

The bank and asset manager has filed for four exchange traded funds in recent weeks, and its strategy for distribution starts with RIAs.

It’s the 14th RIA acquisition for the Canadian asset manager since it entered the U.S. market last year.

Home to more than $3 trillion, outperformance among the leaders comes with some caveats.

Aside from their rock-bottom fees, those with the largest gains have at least one commonality: asset allocation.

Bailard appointed Sonya Thadhani Mughal under a succession plan and a series of moves unveiled by the wealth and fund company.

Investors are pouring money into U.S. listed products as stocks continue to reach all-time highs and the economic recovery heats up.

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.

Clients poured about $1.25 billion into the fund in its first day of trading.

The 20 mutual funds in this ranking outpaced broader markets over the past year with an average gain of more than 68%.

Selective bets on undervalued stocks are paying off as unloved value and cyclical strategies fall into favor.

Everything from corporate earnings and inflation expectations to valuation gaps suggest the market rotation has only just begun.

The changes mark a new phase in the tug-of-war between the structures.

Some money managers warn that the optimism is unsustainable as a successful vaccine rollout doesn’t necessarily equate to the return of pre-pandemic life.