New research from UMB Fund Services and FUSE Research Network shows active ETF adoption has tripled in five years, with 54% of advisors planning to increase allocations in the next 12 months.
Partnership targets advisors, wealth managers, and multi-family offices as third-party model assets swell to near $1 trillion.
Q2 profit tops estimates as iShares inflows and private markets bets fuel BlackRock's asset surge.
B Capital and pension giant CalPERS lead a consortium buying the 90-year-old asset manager from TA Associates and Reverence Capital Partners.
The fund distribution veteran had a 10-year stint at Citi in Luxembourg, Hong Kong, and Sydney earlier in his care.
New ICI research shows these retirement savers pay expense ratios nearly matching industrywide averages, extending years of fee declines
UBS data show American net worth is shifting from property to cash and funds faster than in seven other wealthy nations.
Along with General Catalyst's Percepta, the $480 billion asset manager is deploying Claude across purpose-built platforms for investment research and client engagement.
Franklin Resources' fixed-income unit settles SEC charges and closes firm-level DOJ and regulatory probes, but Kenneth Leech's criminal case continues.
S&P Global reaffirms its profitability rules, leaving SpaceX's lofty $135-a-share IPO without the benchmark's passive fund boost.
The agreement marks the end of a four-decade sub-advisory partnership while giving Wellington a scaled distribution platform for financial advisors.
SpaceX, OpenAI and Anthropic listings could trigger billions in passive fund rebalancing as index rules accelerate benchmark entry.
Mutual fund investors are scrutinizing costs and returns more closely than ever, according to new research.
The giant asset manager's latest foray into blended portfolios extends its efforts to support financial advisors' growth at scale.
Advisor ETF preference has climbed to 60% from 53% in 2022, while mutual fund selection has halved – and RIA portfolio data show the shift is only deepening.
The deal will give Citi Wealth clients access to a single account structure combining ETFs, mutual funds, separately managed accounts and alternatives — with BlackRock integration built in.
The giant asset manager's adjusted earnings of $12.53 per share topped estimates, but a market-driven slide from its year-end AUM record complicated an otherwise strong quarter.
“The client isn’t sacrificing any yield, any liquidity, this all comes out of our pocket, not theirs,” said Stephanie Pierce, deputy head of BNY Investments.
Transatlantic alliance with UK’s L&G includes distribution and investments to boost global wealth solutions offering.
Mutual fund and ETF costs stayed subdued in 2025 as flows favored low-fee products.
