Affiliated Managers Group Inc. News
Affiliated Managers Group Expected to Earn $3.19 a Share
Affiliated Managers Group revenue expected to fall 9.9% to $540.7 million.
Affiliated Managers Group Drops After Swinging to First-Quarter Loss
The asset management company reports a loss of more than $200 million in the quarter.
Affiliated Managers Group Expected to Earn $3.26 a Share
Affiliated Managers Group revenue expected to fall 11.4% to $542.3 million.
BlackRock's ETF Dominance Enriches Investors as Mutual Funds Suffer
BlackRock continues to steal market share from mutual-fund competitors with its suite of exchange-traded funds. Analysts say investors' increasing preference for ETFs shows no sign of abating. But because of the low fees charged by ETFs, profit margins are shrinking.
As ETFs Gain on Mutual Funds, WisdomTree Emerges as Takeover Target
WisdomTree Investments, a specialist in exchange-traded funds, could be an attractive takeover candidate for big money managers looking to catch up in the fast-growing ETF industry, according to Credit Suisse.
Mutual Funds, Eviscerated by ETFs, Face New Humiliation, Moody's Says
Moody's Investors Service predicts active stock- and bond-picking firms' share of the money-management industry will be overtaken as soon as 2021 by 'passive' vehicles like index-tracking mutual funds and exchange-traded funds.
ETFs to Top $4 Trillion in Boon for BlackRock, Blow for Mutual Funds
The runaway growth of exchange-traded funds over the past decade shows no signs of abating, with a top industry forecaster now projecting the assets will surge at least 18% this year, topping $4 trillion for the first time.
Stock-Picking Firms Invesco, Affiliated Prove Terrible Stock Picks
Even after an abysmal 2018, 16 big U.S. money managers could see earnings per share in 2019 fall another 5% on average, Jefferies estimates.
16 Amazing Stocks to Trade in This Unstoppable Bull Market
After a shortened trading week light on volume, the S&P 500 is losing some steam. But Fundstrat says index uptrends 'remain intact' moving toward the New Year.
The Arena Group Q2 Gross Profit Nearly Doubles; Revenue Up 87%
The Arena Group, publisher of Sports Illustrated, TheStreet, Parade and more, reported that Q2 gross profit, revenue and digital-ad revenue jumped.
Will JetBlue Take Away the One Thing People Like About Spirit?
The takeover of the budget airline raises a key question for consumers.
Micron and Nvidia: Buy or Sell After Bearish Updates?
Nvidia provided negative news on Monday and Micron followed up with more on Tuesday. Here's the trade.