Wellington Management has partnered with Blackstone and Vanguard Group to introduce two new funds, aiming to provide individual investors with access to private investment opportunities.

Wellington Management is set to acquire Hartford Funds in a significant $1.9 billion deal. This acquisition marks a strategic move for Wellington to expand its presence in the wealth management sector.

Blackstone Inc. has partnered with Wellington Management Co. and Vanguard Group to introduce two new funds, aiming to provide individual investors with access to private assets, expanding beyond its traditional institutional client base.

Wellington Management has finalized a $1.9 billion agreement to acquire Hartford Funds. This significant transaction marks a major consolidation in the asset management industry.

Wellington Management's Geary predicts that the stock market is poised for the return of the rotation trade, a strategy where investors move capital between different market sectors.

Wellington Management announced its intention to purchase Hartford Funds from The Hartford for $1.9 billion, a strategic move to bolster its wealth management offerings.