Update: Top Bank Asset Managers

December 30, 2024 | Premium Service | Over the holiday, the Federal Deposit Insurance Corporation issued a statement by Director Jonathan McKernan entitled “Monitoring the Passivity of Index Fund Complexes: Vanguard’s New Passivity Agreement.” The notes to Director McKernan’s statement are essential reading for analysts and investors interested in the activities of the “big three” nonbank asset managers described in a 2022 report by the Senate Banking Committee. McKernan notes in a footnote to his statement:

Want to read more?

Subscribe to theinstitutionalriskanalyst.com to keep reading this exclusive post.

Subscribe Now