Danielle Walker

Senior Reporter, money management

[email protected]

Danielle Walker joined P&I in 2018 as a senior reporter on the money management beat. She has worked as a reporter for publications in New York and Virginia and was previously a reporter at FundFire, a Financial Times publication, covering asset management firms.

Ms. Walker holds a master’s degree from New York University’s Arthur L. Carter Journalism Institute. She also has a bachelor’s degree in English from the University of Virginia as well as a bachelor’s in African-American and African studies from UVA’s Carter G. Woodson Institute.

See All Staff Page
Recent Stories
Dean Ungar
Assets climb for managers, but recent volatility bears watching

Most money managers reported an increase in total assets under management to end the year but analysts see reasons to be watchful.

Largest funds come out ahead in volatile year

The largest U.S. retirement funds saw a 6.6% asset increase over the year ended Sept. 30.
Canadian plans to push more assets in-house, tweak asset allocation

Large Canadian pension funds are rethinking asset allocation with the onset of the COVID-19 pandemic and plan to move more assets in-house.
Tim Patterson
OMERS Private Equity’s head of health-care investing to depart

Tim Patterson, senior managing director and head of health-care investing at OMERS Private Equity, is leaving at the end of the month.
T. Rowe Price assets up 22% over year, revenues jump 18%

T. Rowe Price reported $1.47 trillion in assets under management as of Dec. 31, a gain of 12.2% for the quarter and 21.9% for the year.
Shannon O'Leary
Resisting diversity could lead to termination

Foundations argue for firms failing to meet diversity goals, the best recourse is to fire them and reallocate capital elsewhere.
Wells Fargo targets $8 billion in cuts

Wells Fargo is targeting $8 billion in cost savings, to include job cuts and other streamlining efforts, over the next few years.
Steven Kellner
PGIM Fixed Income head of corporate bonds to retire

Steven A. Kellner, a managing director and head of corporate bonds at PGIM Fixed Income, plans to retire in April 2022.
Dawn Tutje
BNY Mellon names head of financial institutions in North America

Dawn Tutje was named the head of financial institutions group in North America at BNY Mellon Investment Management.

Merit Financial Group enters partnership to boost M&A growth

Merit Financial Group said it entered into a strategic partnership to help drive the firm's acquisition efforts and organic growth.
Manager M&A down but certainly not out

Asset management deals slowed in 2020 compared to 2019, but transactions are expected to rise in year ahead.
Michael Parker, chief investment officer at SWS Partners
Ohio PERS alums target institutional growth at SWS

SWS Partners's flagship fund, led by two former Ohio Public Employees Retirement System executives, nears three years of performance.

Firms change the rules to help workers meet new challenges

Best Places employers loosened policies and rolled out new benefits in the wake of COVID-19 and racial inequity concerns.
Spouting Rock takes majority stake in Penn Capital

Spouting Rock Asset Management has taken an unspecified majority stake in fixed-income and equities manager Penn Capital Management.
Wells Fargo storefront
Consultant examines stability of Wells Fargo boutique amid sale rumors

Callan is eyeing the impact a rumored sale of Wells Fargo's $607 billion asset management business would have on its Galliard subsidiary.