Asset Management

In a stunning turn of events that sent ripples through the financial advisory world, a massive $1.5 billion advisor team announced its affiliation with Commonwealth Financial Network just days before the independent broker-dealer’s acquisition by LPL Financial was finalized. This move raises significant questions about the future of independent advisory …

In a significant move that signals a potential shift in strategic direction, Edelman Financial Engines, a leading independent financial advisory and investment management firm, has appointed a new president. The firm announced that it has tapped a seasoned executive from Capital Group, one of the world’s largest investment management companies, …

The financial world is buzzing with news of Stuart White’s departure from HSBC Asset Management, his role as UK CEO coming to an end after a significant tenure. This unexpected move raises numerous questions about the future direction of HSBC Asset Management in the UK and the broader implications for …

UniCredit, Italy’s largest bank, is reportedly exploring alternative asset management partners to Amundi, raising significant questions about the future of their long-standing business partnership. This strategic shift comes amidst growing uncertainty surrounding the backing of Banca Profilo Milano (BPM), a key player in the Italian financial landscape. The implications are …

The financial world is watching closely as State Street, a global giant in asset management and custody banking, faces the potential loss of a staggering $52 billion Swiss pension mandate. This significant development raises crucial questions about the future of State Street’s European operations, the implications for the Swiss pension …