Here are the 19 most popular
MFWire stories of 2019.
| Kristi Lynn Mitchem BMO Global Asset Management CEO | |
19)
An $85B-AUM AM's Equity Chair Departs, October 9 -
Bill Mahler, equity asset management chairman at
Robert W. Baird, left the firm after conduct that didn't fit expectations, according Baird's overall chairman and its CEO.
18)
Will Federated Buy a $54.6B Shop?, May 2 - Unnamed sources reportedly said that the publicly traded fund firm was in talks with
PNC about buying an asset management unit from the bank. A week later, the two firms
unveiled a deal for Federated to buy part of PNC Capital Advisors. The deal
closed last month.
17)
So Much For That $1.6T Asset Management Merger, May 14 - The
UBS asset management-
DWS merger talks reportedly stalled.
16)
An NYC Fund Firm Lays Off Dozens, July 3 - The
JPMAM team filed to lay off 52 of its NYC employees at the end of September.
15)
Calamos Drums Up a Midwestern Acquisition, January 23 -
Calamos Investments agreed to buy a growth equity shop in Milwaukee.
14)
An M* Vet Takes Over a Midwestern Fund Firm, July 12 - The board of
Diamond Hill picked
Heather Brilliant to take over as CEO in September.
13)
Two Asset Management Deals That Weren't, April 23 -
Victory's planned purchase of
Harvest Volatility Management fell through, and a senior
Wells Fargo exec insists they won't be selling off WFAM any time soon.
12)
Who Gained Market Share In 2018?, January 31 -
Vanguard,
BlackRock, and
Fidelity swallowed a bigger piece of 2018's AUM pie.
11)
Putnam's Parent Refocuses Its U.S. Biz On Three Units, January 25 -
Great-West agrees to sell most of its individual life insurance and annuity business.
10)
This New Fund Firm Won the 2018 Flows Race In Just Two Months, January 24 -
Morningstar led the 2018 inflows race among the smallest fund firms.
9)
What Jobs Is This $538B Asset Manager Moving?, February 20 - A local pub highlights the breakdown of the 1,050 jobs that
AllianceBernstein will bring to Nashville by the end of 2022.
8)
A Triumvirate Cedes Power to a Sole CEO, January 31 -
Marc Mayer took over as sole CEO of
Manning & Napier.
7)
Only Two Firms Added more Than $10B In 2018, January 17 - The biggest MF and ETF AUM winners of 2018 were
Charles Schwab and
Edward Jones' Bridge Builder.
6)
The Invesco-OpFunds Deal Closes, and More Chips Fall, May 28 - With 2019's biggest merger closing, the fates of more
OppenheimerFunds C-suiters came to light.
5)
Will Two Banks Create a $1.5T Asset Management Titan, April 5 - Earlier rumors (see above) about
UBS considering combining its asset management business with
DWS.
4)
T. Rowe, Fidelity, Pimco, and OpFunds Crush It In Gotham, March 8 -
Refinitiv's Lipper team hosts their annual U.S. fund awards dinner.
3)
A 13-Year Neuberger Vet Dies, April 26 - A PM and partnership committee member passed away.
2)
Expect Miracles Takes Manhattan For a Fifth Time, January 25 - The cancer-fighting charity crosses the $10-million mark for donations to cancer-fighting research.
1)
A San Fran Fundster Takes Over a $320B AUM Multinational, January 23 -
Kristi Mitchem was hired to take over as
BMO GAM CEO in March. 
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