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The List of Money Managers Dumping Oil Stocks Just Got Longer

(Bloomberg) -- There is a growing list of institutional investors in Europe removing oil and gas stocks from their portfolios, a move they say...

3 Magnificent S&P 500 Dividend Stocks Down 30% (or More) to Buy and Hold Forever

To be fair, it doesn't take a lot to offer a higher yield than the 1.3% investors are collecting today from the S&P 500...

BlackRock Achieves Unprecedented $10.5 Trillion in Assets Under Management, Reports Sharp Boost in Profit

(Reuters) -BlackRock reported record assets under management (AUM) of about $10.5 trillion in the first quarter and posted a 36% jump in profit on...

NVDL Nears $2B in Assets on Rallying Nvidia, AI Bets

Investors pumping money into NVDL, the exchange-traded fund that doubles the return on Nvidia Inc. stock, have pushed the fund’s assets to $2 billion...

Fee Cut Boosts State Street Europe S&P 500 ETF to $10B in Assets

State Street Global Advisors’ S&P 500 ETF has doubled in size since it slashed its fees late last year, just as its flagship U.S. fund reaches...

Morgan Stanley laying off hundreds in wealth management unit, source says

By Mehnaz Yasmine(Reuters) - Investment banking giant Morgan Stanley plans to cut hundreds of jobs in its wealth management division, according to a...

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