Largest money managers
November 12, 2013 | 04:12 pm
BlackRock Chairman and CEO Laurence D. Fink said stocks might decline as much as 15% because of political risks in China, Japan, France and the U.S., while he remains bullish in the long term.
November 12, 2013 | 03:48 pm
Kevin Adolphe was named president and CEO at Manulife Asset Management Private Markets, a new business unit at Manulife Financial.
November 11, 2013 | 03:10 pm
The Federal Reserve's large-scale asset purchases are not the solution to lowering unemployment and will have a limited impact in the future, said Rick Rieder, managing director, chief investment...
November 11, 2013
Pacific Investment Management Co. had $39 billion in net redemptions during the third quarter as investors fled bonds in anticipation of rising interest rates.
November 08, 2013 | 03:19 pm
Arti Sharma was named president and CEO of Northern Trust Canada, effective Monday.
November 05, 2013 | 03:17 pm
Oliver Bolitho, chairman of Goldman Sachs Asset Management in Asia, is leaving after 15 years at the company.
November 05, 2013 | 01:03 pm
Bill Gross no longer runs the world's largest mutual fund.
November 04, 2013 | 11:42 am
Gregory Davis was named head of Vanguard's fixed-income group.
November 04, 2013 | 12:26 pm
Matthew Peron was named managing director, global equity, at Northern Trust Asset Management.
November 01, 2013 | 12:11 pm
Mohamed El-Erian, CEO of Pacific Investment Management Co., talks about rising interest rates, and what it means for the traditionally fixed-income manager's expansion into equities.
October 31, 2013 | 11:59 pm
Invesco on Thursday reported assets under management of $745.5 billion as of Sept. 30, up 5.7% from the end of the previous quarter and up 12.4% from a year earlier.
October 31, 2013 | 03:54 pm
Politics and public policy permeated P&I's West Coast Defined Contribution Conference.
October 30, 2013 | 05:47 pm
Virginie Maisonneuve will join Pacific Investment Management Co. in January as managing director and global head of equities portfolio management.
October 30, 2013 | 11:59 am
BlackRock CEO Laurence D. Fink, whose company is the world's largest money manager with $4.1 trillion in assets, said Federal Reserve policy is contributing to “bubble-like markets.”