CIT

AllianceBernstein Expands Retirement Income Offerings with AB Secure Income Portfolio

Retrieved on: 
木曜日, 5月 9, 2024
CIT, Insurance, AB, Retirement, Nationwide Mutual Insurance Company, AllianceBernstein, Life insurance

NASHVILLE, Tenn., May 9, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment firm with $759 billion in assets under management, today announced the expansion of its retirement income offerings with the AB Secure Income Portfolio.

Key Points: 
  • NASHVILLE, Tenn., May 9, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment firm with $759 billion in assets under management, today announced the expansion of its retirement income offerings with the AB Secure Income Portfolio.
  • The AB Secure Income Portfolio is a professionally managed option that seeks to provide income for life* and higher exposure to growth assets in retirement years than with typical target-date funds, while also providing participants liquidity and access to their assets.
  • The AB Secure Income Portfolio has been a component of AB's Lifetime Income Strategy for more than a decade.
  • For more information on the AB Secure Income Portfolio, visit our website .

TIAA and Nuveen Lifetime Income Default Target-Date Offerings Approach $35 Billion in AUM

Retrieved on: 
木曜日, 5月 2, 2024
Investment, NLI, CIT, SIA, Life, History, Consultant, Retirement, TIAA, AUM, Growth, Empower, Life insurance

NEW YORK, May 2, 2024  /PRNewswire/ -- Assets in TIAA and Nuveen's suite of lifetime income target-date solutions across corporate, educational, governmental, and healthcare retirement plans are now approaching $35 billion in AUM, far surpassing assets in any other comparable lifetime income products in the market. TIAA has a broad suite of lifetime income-embedded target-date solutions to meet institutional clients' needs, including TIAA RetirePlus, the TIAA Secure Income Account (SIA) and the Nuveen Lifecycle Income CIT Series (NLI). TIAA is the leader in lifetime income whose mission it is to provide a more secure retirement to millions more Americans with the assurance of a retirement paychecki that lasts for life.

Key Points: 
  • NEW YORK, May 2, 2024 /PRNewswire/ -- Assets in TIAA and Nuveen's suite of lifetime income target-date solutions across corporate, educational, governmental, and healthcare retirement plans are now approaching $35 billion in AUM, far surpassing assets in any other comparable lifetime income products in the market.
  • TIAA has a broad suite of lifetime income-embedded target-date solutions to meet institutional clients' needs, including TIAA RetirePlus , the TIAA Secure Income Account (SIA) and the Nuveen Lifecycle Income CIT Series (NLI).
  • NLI was launched in August 2023 and this funding represents a robust start to the joint efforts of Nuveen and TIAA to expand access to lifetime income solutions across the defined contribution retirement market.
  • "As we have demonstrated with the rapidly accelerating demand for TIAA RetirePlus , TIAA is uniquely positioned to help solve America's retirement crisis.

Gordon Brothers Welcomes Mark Bohntinsky as Global Head of Credit

Retrieved on: 
木曜日, 5月 2, 2024
Gordon Brothers, CIT

Boston, May 02, 2024 (GLOBE NEWSWIRE) -- As Gordon Brothers, the global asset experts, continues to expand its lending business, the firm has welcomed Mark Bohntinsky as Global Head of Credit.

Key Points: 
  • Boston, May 02, 2024 (GLOBE NEWSWIRE) -- As Gordon Brothers, the global asset experts, continues to expand its lending business, the firm has welcomed Mark Bohntinsky as Global Head of Credit.
  • Bohntinsky oversees Gordon Brothers’ credit quality, setting portfolio strategy and partnering with key lending stakeholders globally, including Kyle Shonak , Head of North America Lending, to expand the firm’s capital base and pursue a wider array of lending opportunities.
  • Prior to joining Gordon Brothers, he was the head of asset management for asset-based lending at Truist Securities.
  • “We are delighted to welcome Mark to Gordon Brothers,” said Norma Kuntz, Chief Executive Officer at Gordon Brothers .

Wrap Technologies, Inc. Provides Update on Operations and Timing to Report Financial Results

Retrieved on: 
月曜日, 4月 15, 2024
Pain, NOT, Single-camera setup, Virtual reality, CIT, Wrap, Partnership, Artificial intelligence, Water police, Development, Operational efficiency, Form 10-K, Bank statement, Growth

The Company is also pleased to share operational highlights from recent quarters and confirms that no financial restatements are anticipated.

Key Points: 
  • The Company is also pleased to share operational highlights from recent quarters and confirms that no financial restatements are anticipated.
  • Wrap currently expects to release fourth quarter and full year 2023 results in the coming weeks, followed by its first quarter 2024 earnings.
  • Additional information and disclosures would be required for a more complete understanding of our financial position and results of operations as of December 31, 2023.
  • Further, these results are not necessarily indicative of the results to be expected for the remainder of the year or any future period.

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
火曜日, 4月 23, 2024
CHIPS, Reproduction, International Energy Agency, Friends, Face, Learning, Theodore Roosevelt, CIT, The New York Times, Printing, History, Pleasure, Commerce Clause, Frankfurt, Artificial intelligence, Commerce, Wine, Congo, European Commission, Rail transport by country, USD, Inflation, Courage, Speech, Congress, Liberty, Hidden champions, ECB, Gibbons v. Ogden, Shock, Diffusion, Observation, Communication, International Monetary Fund, Ambition, GDP, Coal, IEA, McKinsey & Company, Electricity, EDS, European University Institute, Public policy, CHIPS and Science Act, Research, News, AI, EMU, Competition (economics), Robotics, Oxford University Press, Single market, Machine learning, Book, Australian Strategic Policy Institute, Solow–Swan model, European Central Bank, Democratic republic, Brain, Growth, Brookings Institution, European Council, Supreme, Steel, Natural Resources, Society, University of Chicago Press, Literacy, Necessary, Life, Diplomacy, Heart, Optimism, Economic growth, European Investment Fund, Renewable energy

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

CLOVER CARBON EXCHANGE Launches "Clover Infinity" App to Promote Sustainable Living

Retrieved on: 
月曜日, 3月 18, 2024
Carbon, CRT, Philosophy, CIT, CCE, Organic, App Store (iOS/iPadOS), Behavior, Google Play, Ecosystem, IOS, Android

New York, NY, March 18, 2024 (GLOBE NEWSWIRE) -- In efforts to advance global sustainability, CLOVER CARBON EXCHANGE (CCE) announces the launch of its innovative app, "Clover Infinity."

Key Points: 
  • New York, NY, March 18, 2024 (GLOBE NEWSWIRE) -- In efforts to advance global sustainability, CLOVER CARBON EXCHANGE (CCE) announces the launch of its innovative app, "Clover Infinity."
  • CLOVER CARBON EXCHANGE (CCE) has been a crucial player in global carbon neutrality efforts through carbon trading, but its mission extends beyond to creating a sustainable ecosystem.
  • Paul Newman, Chief Strategic Officer of CLOVER CARBON EXCHANGE, stated, "We believe that everyone's small steps can aggregate into global strides."
  • CLOVER CARBON EXCHANGE believes in the capacity for everyone to effect change, and Clover Infinity is the key to unlocking that potential.

Morningstar Report Reveals Collective-Investment Trusts Poised to Overtake Mutual Funds in Target-Date Strategies in 2024

Retrieved on: 
火曜日, 3月 26, 2024
Finance, Public Relations, Investor Relations, Communications, Professional Services, Asset Management, Report, Vanguard, Research, CIT, BlackRock, Morningstar, Inc., T. Rowe Price, Fidelity, Retirement, Consultant, Capital Group Companies, Financial adviser

“Investors in target-date strategies largely experienced positive returns in 2023, after the market turmoil of 2022.

Key Points: 
  • “Investors in target-date strategies largely experienced positive returns in 2023, after the market turmoil of 2022.
  • CITs now represent 49% of the market and are on pace to overtake mutual funds as the most popular target-date vehicle this year.
  • Vanguard, T. Rowe Price, and BlackRock have the majority of their assets in CITs, while Fidelity and American Funds have a larger asset base in mutual funds.
  • Morningstar today published a Fund Spy article on Morningstar.com that reviews the latest ratings for target-date fund series covered by Morningstar analysts, available here .

PartnerRe Ltd. Reports Full Year 2023 Results

Retrieved on: 
月曜日, 3月 25, 2024
Professional Services, Insurance, Finance, ETA, Health, Government, Growth, Corporate tax, Life, History, CIT, Investment, Retirement, P&C, Life insurance

Net investment income increased by $247 million to $646 million

Key Points: 
  • Net investment income increased by $247 million to $646 million
    On December 27, 2023, the Government of Bermuda enacted the Corporate Income Tax Act 2023 ("CIT Act"), which will apply a 15% corporate income tax to certain Bermuda businesses in fiscal years beginning on or after January 1, 2025.
  • Looking toward the future, PartnerRe remains committed to its core values and strategic priorities to bring value to our clients, capital partners and shareholders.
  • With my retirement announced to take effect at the end of March 2024, it has been a privilege for me to work alongside the talented individuals here at PartnerRe.
  • I am confident we have the right leadership to continue leading the company forward in all facets of our business."

Beutel Goodman Partners with SEI to Launch the Beutel Goodman U.S. Large Cap Value Collective Investment Trust in the U.S.

Retrieved on: 
水曜日, 3月 27, 2024
Growth, CITS-DT, CIT, Senior, AUM, UCITS, Consultant

TORONTO, March 27, 2024 /PRNewswire/ - We are pleased to announce that Beutel, Goodman & Company Ltd. ("Beutel Goodman") has partnered with SEI® to launch the Beutel Goodman U.S. Large Cap Value Collective Investment Trust ("CIT" or "Trust").

Key Points: 
  • TORONTO, March 27, 2024 /PRNewswire/ - We are pleased to announce that Beutel, Goodman & Company Ltd. ("Beutel Goodman") has partnered with SEI® to launch the Beutel Goodman U.S. Large Cap Value Collective Investment Trust ("CIT" or "Trust").
  • Beutel Goodman, an SEC-registered investment adviser with $35.9 billion in assets under management (AUM, as at December 31, 2023), is the investment adviser to the CIT.
  • The launch supports increased demand for CITs and interest in Beutel Goodman's disciplined, high-conviction U.S. Large Cap Value strategy.
  • We invite U.S. clients and consultants to contact one of the Beutel Goodman institutional representatives listed below for further information about the Beutel Goodman U.S. Large Cap Value strategy.

Wrap Technologies Announces BolaWrap Full Deployment of Detroit Police Department’s Mental Health Crisis Intervention Team (CIT)

Retrieved on: 
火曜日, 3月 5, 2024
Detroit Police Department, Police crisis intervention team, Police, CIT, Casino

The aim of this purchase was to support the Detroit PD’s Crisis Intervention Team (CIT), which is tasked with responding to calls relating to individuals in mental health crises.

Key Points: 
  • The aim of this purchase was to support the Detroit PD’s Crisis Intervention Team (CIT), which is tasked with responding to calls relating to individuals in mental health crises.
  • “Our initial deployment of BolaWrap® with our Crisis Intervention Team has gone incredibly well, and we’re doubling down,” said Detroit Police Department Chief James E. White.
  • Now every officer in the Detroit Police Department’s CIT unit will be expected to carry BolaWrap® on their belts.
  • This deployment comes at a time in which police interactions with non-violent but non-compliant individuals are reaching unprecedented levels in Detroit.