Up for vote at BlackRocks May 25 annual meeting is a proposal asking the fund manager to reconsider how it evaluates and votes on executive pay plans.
If enacted as-is, the rules could hurt Wall Street lenders that have been trying to grow their wealth management businesses since the 2008 financial crisis.
All of the women selected in this year's Money Management Executive's Top Women in Asset Management Awards are bona fide leaders and innovators, actively seeking solutions to the market, regulatory and operational challenges facing firms.
The asset management industry's involvement in the digital advice space continues to deepen, as firms focus on providing institutional solutions for advisors.
Not every ETF launch works. But a team effort and a compelling idea can make an ETF a success in an industry where a handful of dominant firms and smaller players compete aggressively for assets.
While IT budgets at buy-side firms have not fully recovered from the cutbacks of the Great Recession, front-office demands keep growing in quantity, complexity and required speed of response.
Rob Goldman founded Goldman Small Cap Research (GSCR)--not affiliated with Goldman Sachs--in 2009. He has over 20 years of investment and research experience as a senior research analyst and as a portfolio and mutual fund manager.
For the last several years the investment management industry has seen a seismic shift towards outsourcing middle and back-office activities.
During the crisis of 2008, service providers faced an environment in which they saw their clients' assets decline sharply.
Executives at mutual fund companies, asset management companies and support providers rated client reporting--which included any reporting that is created for the purpose of distribution to clients--as their top challenge followed closely by risk management in Money Management Executive's third annual Operations Survey.