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At Close: Jul 31, 2026
LPL Hires Fidelity Executive as Head of Strategy
06:33pm, Monday, 06'th Apr 2020
Aneri Jambusaria, who led Fidelity’s planning office, reportedly becomes LPL Financial’s executive vice president of strategy.
The FTC Has Approved Franklin Resources’ Acquistion Of Legg Mason
08:57pm, Saturday, 04'th Apr 2020
There are still more hurdles Franklin Resources needs to overcome before its acquisition of Legg Mason is complete, but the Federal Trade Commission has granted its approval.
Karen McDonald
01:00pm, Friday, 03'rd Apr 2020
Karen McDonald, managing director at Morgan Stanley Wealth Management, is one of Barron’s 100 Most Influential Women in U.S. Finance in 2020. Read more about her career and accomplishments here.
Approach Resources Sale Is Off After Oil-Price Collapse
10:34pm, Thursday, 02'nd Apr 2020
A joint venture formed by property mogul Sam Zell and private-equity firm Colony Capital has backed out of a deal to pump close to $200 million into Approach Resources, the bankrupt West Texas oil-and
BlackRock and Neuberger Berman Seeking to Offer Mutual Funds in China
09:44am, Wednesday, 01'st Apr 2020
The U.S. money managers are applying to manage and sell mutual funds in China, in what could be a watershed moment for a global investment industry eager to access the country’s huge pool of individ
Weekly Closed-End Fund Roundup: Liquidity Crash Hits CEFs (March 20, 2020)
07:15pm, Tuesday, 31'st Mar 2020
None out of the 23 CEF sectors positive on price and zero out of 23 sectors were positive on NAV this week. Liquidity crash hits CEFs. NHF cuts by -50%, but sti
AllianceBernstein, Putnam Dig In Deeper With Bets on Malls
12:00pm, Monday, 30'th Mar 2020
Two big money managers wagering that struggling mall owners can still pay their debts have been hit by the retail devastation brought on by the coronavirus pandemic.
Emerging Markets Have Been Battered. The Worst May Be Yet to Come.
07:41pm, Friday, 27'th Mar 2020
Debt markets are still seeing pockets of illiquidity and valuations hadn’t fallen enough outside of the energy patch to provide enough margin of safety, says one strategist.
Jennifer Johnson
01:00pm, Friday, 27'th Mar 2020
Jennifer Johnson, CEO of Franklin Templeton Investments, is one of Barron’s 100 Most Influential Women in U.S. Finance in 2020. Read more about her career and accomplishments here.
Weekly Closed-End Fund Roundup: Markets Crash, Led By MLPs
09:12pm, Wednesday, 25'th Mar 2020
Zero out of 23 CEF sectors positive on price and zero out of 23 sectors positive on NAV this week. MLPs lead the downside. Several CEFs deleverage. Watch for ab
Bond ETFs Flash Warning Signs of Growing Mismatch
12:00pm, Monday, 23'rd Mar 2020
The bond exchange-traded funds of BlackRock, Vanguard and others traded at historic discounts to the net asset value of their underlying assets as the coronavirus pandemic roiled markets.
BlackRock, Vanguard Raise Price of Cash Redemption for Some ETFs
11:28pm, Friday, 20'th Mar 2020
BlackRock and Vanguard Group made it more expensive for large Wall Street traders to redeem shares in some exchange-traded funds for cash this week, an acknowledgment of the deteriorating liquidity in
3 Big Financial Mergers Are Still Going to Get Done. That’s Bad News for One Acquirer.
11:00am, Friday, 20'th Mar 2020
The coronavirus may have upended the stock market, but three big pending mergers in financial services—Charles Schwab‘s buy of TD Ameritrade, Morgan Stanley’s acquisition of E*Trade Financial, a
Morgan Stanley Capital Partners to Sell Vet Hospital Business
10:46pm, Saturday, 14'th Mar 2020
Although details of the transaction couldn’t be learned at press time, the company was expected to trade hands for at least $2 billion, including debt, said other people with knowledge of the deal.
Kevin Love, Cavaliers Unite To Bring Relief To Arena Workers During Coronavirus Crisis
12:16am, Friday, 13'th Mar 2020
The coronavirus (COVID-19) outbreak has serious financial implications for the Cleveland Cavaliers, their event staff and hourly workers included. Thanks to the efforts of Kevin Love and the Cavaliers
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