Global Markets In Focus: From South Africa To Wall Street
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Global Wealth Management Investment Advisory Inc. cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,709 shares of the network equipment provider’s stock after selling 2,877 shares during the quarter. Global […]
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Global Markets Weekly: A Comprehensive Overview of Worldwide Economic and Market Trends
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The rise of the giant fund: How companies like BlackRock and State Street are taking over Wall Street
Assets held by fund manager State Street are higher than the GDP of Germany. BlackRock, Fidelity, State Street and Vanguard control $26 trillion in assets. Asset managers grew after banks were regulated following the financial crisis