London Stock Exchange Group's plan to sell Russell Investments to China's CITIC Securities may collapse, reports Bloomberg News.
Global investors’ confidence in the world’s economic outlook has fallen significantly due to concerns over China and emerging markets.
GE says it will "explore opportunities" to sell GE Asset Management (GEAM) to another investment management firm.
BlackRock has entered into a definitive agreement to acquire FutureAdvisor, a robo-advisory firm.
The TSX had a rough Q2, and so did most active managers.
Aberdeen Asset Management has entered into an agreement to acquire New York-based Arden Asset Management for an undisclosed amount.
The asset management industry's global profits and assets have risen to record levels, but securing future growth will require managers to ramp up their go-to-market efforts, finds a Boston Consulting Group (BCG) report.
The financial industry is undergoing a massive transformation that will ultimately benefit investors. That’s the view Fiona Frick, CEO of Unigestion, a Swiss-based asset manager, presents in a series of white papers on the state of the industry.
Digital wealth management firms have introduced disruptive industry changes that are here to stay, and traditional players need to act quickly to determine how to stay competitive, says a report from EY.
While 2015 started on a healthy note for the S&P/TSX Composite Index, a majority of value and dividend investment managers in Canada faced an extra valiant challenge.