Wells Fargo Asset Management's new private equity owners may be just what the business needs to help it become a serious player among peers.
Retail investors' frenzied attack on short sellers has pushed some hedge funds to rethink their strategies.
Pension funds transferred $14.5 billion in liabilities through deals announced in December.
Investment bankers reflect on why Franklin Resources decided to acquire rival money manager Legg Mason.
Industry observers are now pondering what Franklin Resources' $4.5 billion purchase of Legg Mason means for its clients and affiliates.
Fewer clients, a low-return environment and increased regulatory costs are creating an increasingly challenging environment for mid-sized asset managers.
While midsized money managers might be struggling with myriad pressures, some say being midsized has many benefits over boutique and larger firms.