Portfolio Asset Management

Global asset manager GoldenTree has sold its digital asset unit to investment firm Republic, with former partner Joe Naggar set to join the company. Republic announced the acquisition of GoldenChain on Tuesday, a wholly owned subsidiary of GoldenTree, which managed the firm's digital asset...

Investing in the stock market is difficult, especially in light of the unexpected events that occurred in 2022. It is essential to have a thorough understanding of one's portfolio to make educated investment decisions and effectively manage risk. With the advancement of technology, digital...

An investment management platform wants to make diversified crypto portfolios accessible to those who have no background in the space. What Happened: Titan, a mobile-first investment company, has launched a new platform to bring actively managed crypto portfolios to U.S. investors. The new...

Investment management company BlackRock Inc (NYSE: BLK) has agreed to absorb operations of wealth management company Aperio Group along with the employees. Aperio is backed by private equity firm Golden Gate Capital. What Happened: The $1.05 billion acquisition deal will be settled...

Wells Fargo & Co (NYSE: WFC) is in plans to delink its asset management business and is currently holding talks with private equity firms and peers in the asset management space, according to Reuters. Based on initial estimates, the deal could be valued at over $3 billion. In the third-quarter...

Investment bank Morgan Stanley (NYSE: MS) on Thursday disclosed entering into a definitive agreement to acquire Boston-based investment management company Eaton Vance Corp (NYSE: EV). The purchase consideration is estimated at $7 billion, payable partly in cash, and the balance through stocks....

Steve Neff, the current chief of asset management at Fidelity Investments Inc. (NYSE: FNF), will retire in February, according to a report by The Wall Street Journal. What Happened Neff, who took over as Fidelity’s asset management chief less than a year ago, recently announced his...

Weathering the financial markets through a storm of volatility can seem difficult and unsettling. But if you’re able to build and maintain a portfolio whose building blocks are durable and fundamentally sound, then you may find yourself weathering the storm better than your peers. This is one...