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.
Goldman Sachs Asset Management (GSAM) has entered into an agreement to buy the with Pacific Global Advisors (PGA) solutions business from Pacific Life for an undisclosed amount.
How did Canadian active managers do last year?
In today’s investing world, the active versus passive debate can be reminiscent of a rocky marriage, with each party arguing about who’s right. Yet, rather than quarreling over which approach is better, it’s useful to step back and look at the bigger picture. Like any good marriage, while there can be differences of opinion, a degree of compromise can go a long way towards reaching a fitting outcome and finding a balanced approach.