Latest news and articles about asset management from NEX English
The global asset management industry is experiencing a wave of mergers as firms seek to boost their competitiveness amid rising costs. This year, deal values are expected to exceed <strong>25 billion dollars</strong>, marking a significant shift in the industry.
BlackRock, the world's largest asset manager, announced that its CEO, <strong>Larry Fink</strong>, received <strong>$37.7 million</strong> in compensation for 2025, marking a <strong>23%</strong> increase from the previous year. This rise comes amid the company's significant expansion into private markets.
Sun Life Financial Inc. has announced an investment of over <strong>$2 billion CAD</strong> (approximately <strong>$1.4 billion USD</strong>) to increase its stakes in two investment managers, aiming to expand its footprint in the asset management sector.
State Street announced that a slight reduction in fees for the SPYM fund has attracted billions of dollars in investments. This shift reflects the significant impact of lower fees on investor decisions.