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Alluvium Global Fund released its Q2 2026 investor letter, noting mixed portfolio performance. The fund highlighted gains in Alphabet driven by cloud growth, alongside positions in Robert Half and H&…
T. Rowe Price fund manager Sebastien Mallet praised top holding JPMorgan Chase as exceptionally well run with strong 20% return on equity and superior capital allocation, noting its ability to capita…
Charles Schwab reported August core net new assets of $64.8B, up 12% month-over-month and 46% year-over-year. Total client assets reached $13.4T, matching S&P 500 monthly growth, while margin balance…
Wealthfront shares jumped 15% after beating fiscal Q2 earnings estimates, posting EPS of $0.10 on revenue of $91.9 million. Platform assets surpassed $100 billion in August, driven by organic client …
Harbor Mid Cap Value Fund released its Q2 2026 letter, noting broad market gains led by AI hardware and small caps. The fund highlighted State Street Corporation as a key contributor driven by strong…
An ongoing ETF fee war has significantly reduced expense ratios across the industry. While beneficial for investors, issuer revenues are pressured despite record assets under management, with Invesco…
Hennessy Equity and Income Fund disclosed selling its stake in Equitable Holdings after triggering a stop-loss review due to uneven earnings and segment pressures. The fund emphasized durable busines…
Vanguard marks the 50th anniversary of the first S&P 500 index fund. Passive index funds now hold over 54% of US fund assets ($21.9 trillion), driven by ultra-low expense ratios and outperforming 90%…
Madison Investments has entered the Canadian ETF market by launching two actively managed funds on the TSX: Madison US Large Cap ETF (MLRG) and Madison US Mid Cap ETF (MMID), targeting high-quality U…
Goldman Sachs to acquire NEOS Investments for up to $2.3B, adding 19 options-income ETFs and $30B in assets, deepening its push into derivative-based retail investment products.
Goldman Sachs acquires NEOS for up to $2.25B, expanding into active/income ETFs, intensifying competition with JPMorgan, the current leading active ETF provider.
Ariel Focus Fund underperformed benchmarks in Q2 2026, citing weak energy and gold mining. Despite this, U.S. stocks rallied sharply on easing tensions and lower oil prices. The fund is cautious on g…
CaixaBank is reorganizing its wealth and asset management divisions, appointing Juan Llamas as head of wealth management. This internal restructuring aims to streamline operations and support growth …
RBC Wealth Management has successfully recruited a seven-person team managing $1.5 billion in client assets from UBS. This move aligns with RBC's aggressive expansion strategy in the high-net-worth s…
Blackstone posted a strong Q2 earnings beat, driven by AI-linked investment gains and record AUM, but shares stayed flat as investors await sustained growth and monitor retail redemption trends in pr…
President Trump is exploring the Australian retirement model for the US, which could increase mandatory employer contributions to private pensions. This potential reform benefits asset managers and f…