In the Margins
BlackRock has agreed to buy an $87 billion money market fund business from Bank of America. The deal will involve merging BofA money funds and separate accounts into BlackRock's offerings. The deal will bring BlackRock's cash management business to about $327 billion in assets. Read the original story from Bloomberg.
Most Read
Independent mutual fund directors, on average, earned more in 2020, a year in which they were grounded by a global pandemic and forced to adapt to ...
Independent mutual fund directors who were looking forward to seeing their peers in person this fall after 18 or more months apart are likely going to ...
For the first time in more than two decades, there are no cases pending before the courts that accuse the fund industry of wrongfully charging excessive ...
Environmental, social, and governance investing has been a huge topic of discussion in the mutual fund industry over the past several years, including in fund boardrooms. ...