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.
Breaking News
Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Summers, Others Cite Growing Chance of Recession
GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.