In recent days, corporations and institutional investors like BlackRock, Fidelity, and Vanguard have issued welcome statements decrying racial inequity and injustice.
UBS Wealth Management USA is adding separately managed accounts from seven well-known fund companies to its menu of proprietary strategies that waive outside manager fees, citing the success of a strategy introduced earlier this year on UBS-advised strategies.
The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees.
Carillon Tower Advisers, a global multi-boutique asset management firm, today announced the launch of a new fundamentally driven, active U.S. small cap equity SICAV fund, the “Raymond James Funds Eagle U.S. Small Cap Strategy,” to be managed by its affiliate Eagle Asset Management (“Eagle”).
A lack of focus on diversity and high tuition costs have kept down the population of African-Americans at business schools and harmed their pipeline to corporate jobs, graduates and school advisers say.
The Sterling Group has closed its fifth flagship private equity fund on a $2 billion hard cap, exceeding a predecessor that raised $1.25 billion in 2015.