Hints and tips:
Related Special Reports
...With $4.1tn and $3.1tn of assets under management respectively, SSGA and JPMAM are also among the top five asset managers. Vanguard and Fidelity Investments never became members....
...X’s backers, who helped fund Musk’s $44bn takeover of the business then known as Twitter, include Oracle boss Larry Ellison, Sequoia Capital, Andreessen Horowitz, Fidelity Management and Saudi prince Alwaleed...
...Fidelity’s business includes its large brokerage platform and a separate $69bn ETF arm as part of its $4.9tn in assets under management....
...The bank’s asset management arm boasted a 44.2 per cent market share in Europe at the end of March, according to figures from Morningstar, far ahead of Pimco, with 14.6 per cent and Fidelity with 11.1 per...
...The new rules artificially inflate the cost of investment trusts, which are already factored into trusts’ share prices, said Ben Conway, head of fund management at Hawksmoor Investment Management....
...It also spawned financial titans like Fidelity and Vanguard and thousands of smaller competitors that together employ hundreds of thousands of people....
...Dimensional Fund Advisors and F/m Investments followed suit last summer, and Fidelity did the same in October. All four filings remain pending....
...Representatives from Fidelity declined to comment on the filings. *Ignites is a news service published by FT Specialist for professionals working in the asset management industry....
...The discounts have attracted activists such as hedge fund Elliott Management which are pushing trusts to return capital to investors....
...Investors pumped $65.6bn into active ETFs in the three months to the end of March — more than 50 per cent higher than the previous record of $41bn in the fourth quarter of 2023 — as assets under management...
...Advisers are more apt to direct people into things that are exchange traded,” says Robin Foley, head of fixed income at Fidelity....
...Bitcoin ETFs from iShares, Fidelity and Cathie Wood’s Ark Investment Management have taken in the most new cash since their launch, while similar products from Wisdom Tree, Valkyrie and Franklin Templeton...
...The Hong Kong units of three mainland Chinese asset managers — Bosera Asset Management, Harvest Global Investments and China Asset Management — each launched two ETFs tracking bitcoin and ether prices....
...The US ETF industry now has a record $8.9tn of assets under management....
...“The concentration of the UK market is pretty high,” says Fidelity International investment director Tom Stevenson....
...Its decline comes as outflows from the 11 new bitcoin exchange traded funds hit nearly $500mn in the last two days, according to data compiled by CoinShares, an asset management group....
...One thing to start: Happy new year and welcome back to FT Asset Management. I hope you had a great break....
...Fidelity has found a basement for spot bitcoin ETF fees, pricing its proposed fund at less than half most other would-be registrants....
...While investors already have ploughed more than $7bn into the nine new products combined — mostly into ETFs from BlackRock, Fidelity, Bitwise, and Ark Investment Management — they have also pulled more than...
...Companies need to take the lead and promote wealth management as an inclusive space where women’s voices matter.”...
...It is common for new ETFs to only be available for trading on self-directed platforms, such as Fidelity and Schwab, because there are fewer restrictions than on other wealth management platforms, said Todd...
...Legal & General Investment Management ranked second for gross sales in 2023, after an increase of 26 per cent on the previous year, ahead of Fidelity International and HSBC Asset Management....
...Charles Schwab and Fidelity, for example, use some self-constructed indices or cheaper brand variants for a lot of their suites of super-cheap ETFs and index funds....
...“When we meet management teams, we always ask them ‘What is going better than you thought?’...
...Fidelity leads the pack of managers with the most conversions at 12, followed by JPMorgan with eight and Dimensional Fund Advisors with seven, Morningstar Direct data shows....
International Edition