Boss of $12tn asset manager echoes criticism of platforms such as Polymarket and Kalshi
Republican-led states accused the US’s largest index fund managers of conspiring to reduce coal emissions
Plus, Elliott’s Citgo deal, Chris Hohn and Van Gogh’s obsession with yellow
Asset manager’s chief Salim Ramji hails ‘incredible opportunities’ as it aims for 40mn international customers
Asset manager says investors more comfortable with global diversification but has ‘strong conviction in the UK’
Rachel Reeves’ plan to boost fiscal ‘headroom’ to £22bn sparks rally in government debt
Asset management giant’s bond chief says ‘massive’ spending on AI will bolster the US economy
Asset manager estimates reducing charges on some equity exchange traded funds will save investors $18.5mn a year
Regional expansion by group of US-based asset managers far outstrips local sector’s growth
Only 20 per cent of funds that track themes such as AI have beaten broader indices, says data group Morningstar
World’s second-largest asset manager estimates reduction will save investors $3.5mn a year
Lawsuit by Texas and other states accuses BlackRock and others of conspiring to slash coal production
Second-largest asset manager has its sights set on UK, Europe, Canada, Latin America and Australia instead
Big asset managers seek to bolster private offerings
Euronext’s plan to consolidate ETF trading on to one of its seven bourses would cut costs, senior executive says
The asset manager plans to shake up financial services
Regulator’s rules are part of broader effort to rein in power of largest fund managers
The manager’s VOO S&P 500 vehicle has overtaken rival SPY by amassing $632bn of assets
Plus, Vanguard’s next chapter, US egg prices soar and a love letter to Hampstead Heath
Low fees made the group a passive investing powerhouse. But it needs to improve tech and service as it pushes into wealth management and cash accounts
Money manager claims reductions will save clients $350mn this year
Flows to Vanguard vehicles more than doubled helping it to account for 31% of the total flows of A$30.8bn
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flares
Investors poured $300mn into manager’s exchange traded funds led by VOO, its S&P 500 vehicle that attracted $117bn
$10tn money manager agrees to curbs on influencing decisions of mid-sized and regional lenders