Asset management

Euna Solutions and Polco Announce Strategic Partnership and Tools to Rethink Public Budgeting

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четверг, мая 30, 2024

Euna Solutions ®, a leading provider of purpose-built, cloud-based solutions for the public sector, and Polco, a civic engagement and analytics company, today announced a new strategic partnership that combines Euna’s innovative budgeting platforms with Polco’s community engagement tools.

Key Points: 
  • Euna Solutions ®, a leading provider of purpose-built, cloud-based solutions for the public sector, and Polco, a civic engagement and analytics company, today announced a new strategic partnership that combines Euna’s innovative budgeting platforms with Polco’s community engagement tools.
  • Over the past two years, Euna Solutions and Polco have collaborated closely with the Government Finance Officers Association (GFOA) on exploring modern approaches to budgeting through its “ Rethinking Budgeting” initiative.
  • The collaborative study and assessment revealed a critical gap between citizen engagement and data, and strategic budgeting.
  • Based on these findings, Euna Solutions and Polco deepened the integration of Polco’s Balancing Act budget simulation tool and Track , their innovative data analytics tool for community insights with Euna Budget , the most widely used budgeting solution in the public sector, and its newly released Strategic Budgeting offering.

ZEDEDA Joins the Linux Foundation’s Margo Project to Deliver Seamless Edge Interoperability

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четверг, мая 30, 2024

ZEDEDA , the leader in edge management and orchestration, today announced that it has joined the Linux Foundation's Margo project as a steering committee member.

Key Points: 
  • ZEDEDA , the leader in edge management and orchestration, today announced that it has joined the Linux Foundation's Margo project as a steering committee member.
  • Margo is a new open-source project focused on creating open standards for interoperability at the edge for industrial automation environments.
  • ZEDEDA joins founding members ABB, Capgemini, Microsoft, Rockwell Automation, Schneider Electric and Siemens in the Margo project.
  • “From the beginning, ZEDEDA was built with interoperability in mind, leveraging the open-source EVE from LF Edge.

Texas PSF Forms Strategic Partnership with Intech Following $1.5 Billion Mandate

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среда, мая 29, 2024

WEST PALM BEACH, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- Intech, a global quantitative equity manager, announced a significant expansion of its partnership with the Texas Permanent School Fund Corporation (Texas PSF), one of the largest educational endowments in the United States.

Key Points: 
  • WEST PALM BEACH, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- Intech, a global quantitative equity manager, announced a significant expansion of its partnership with the Texas Permanent School Fund Corporation (Texas PSF), one of the largest educational endowments in the United States.
  • This enhanced strategic partnership follows a $1.5 billion mandate awarded to Intech to manage a World ex-US enhanced index portfolio, reflecting a deep alignment of mutual goals and collaborative innovation.
  • Foundational Mandate: Texas PSF selected Intech to manage a $1.5 billion World ex-US enhanced index portfolio, showcasing trust in Intech's 37-year track record, organizational strength, and distinctive approach to quantitative investing.
  • Jose Marques, PhD, CEO of Intech: "Our partnership with Texas PSF has rapidly evolved, reflecting a shared commitment to pushing the boundaries of what we can achieve in the financial markets.

Phoenix Holdings Publishes Financial Statements for Q1 2024

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среда, мая 29, 2024

Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the first quarter of 2024.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based financial, insurance, and investment group (TLV:PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the first quarter of 2024.
  • The new dividend policy will apply to income in 2024 and will be reflected in the next distribution after the publication of the Company’s first half financial statements.
  • Phoenix is committed to the resilience of Israeli society and continues to high-impact organizations and ventures with both resources and volunteering.
  • Phoenix Holdings is a leading Israel-based financial, insurance, and investment group traded on the Tel Aviv Stock Exchange (TASE: PHOE).

Aegon trading update for first quarter 2024

Retrieved on: 
четверг, мая 16, 2024

The Hague, May 16, 2024 - Please click here to access all 1Q2024 Trading Update related documents.

Key Points: 
  • The Hague, May 16, 2024 - Please click here to access all 1Q2024 Trading Update related documents.
  • Our joint venture in Brazil, Mongeral Aegon Group, continued its strong performance, with life sales increasing by 22% to EUR 28 million.
  • We expect the new program to start at the beginning of July 2024, and to complete it by the end of 2024.
  • Dial-in numbers for conference call:
    Annual General Meeting – June 12, 2024
    Aegon UK Strategy Teach-In (webinar) – June 25, 2024
    First half 2024 results – August 22, 2024
    Third quarter 2024 trading update – November 15, 2024

Antares Bolsters Private Wealth Team with Three New Senior Appointments

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среда, мая 22, 2024

Antares Capital (“Antares”), a leading alternative asset manager with more than $69B in capital under management and administration, today announced three new senior hires to support the expansion of the firm’s private wealth strategy.

Key Points: 
  • Antares Capital (“Antares”), a leading alternative asset manager with more than $69B in capital under management and administration, today announced three new senior hires to support the expansion of the firm’s private wealth strategy.
  • “Wealth management is a growing focus for Antares, and we are excited to expand access to our products among this investor segment.”
    The three appointed executives include:
    Brian Daley – Senior Vice President/Advisor Consultant, Wealth Solutions.
  • Mr. Daley brings more than a decade of experience serving the wealth management channel.
  • Wealth Solutions, and will play a critical role in accelerating Antares’ efforts to reach the private wealth channel and strengthen the firm’s commitment to making its alternative products more accessible to a broader investor base.

Bayview Asset Management Adds Craig T. Schorr to Insurance Asset Management Leadership Team

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вторник, мая 21, 2024

Bayview Asset Management, LLC (“Bayview”), a global investment management firm with a 30-year history investing in mortgage and consumer credit, today announced it has hired Craig T. Schorr, CFA, CAIA, CFP® as a Managing Director in its recently formed Insurance Asset Management division.

Key Points: 
  • Bayview Asset Management, LLC (“Bayview”), a global investment management firm with a 30-year history investing in mortgage and consumer credit, today announced it has hired Craig T. Schorr, CFA, CAIA, CFP® as a Managing Director in its recently formed Insurance Asset Management division.
  • Schorr is joining Bayview from AllianceBernstein (AB) where he was most recently the Global Insurance Practice Leader and the Head of North American Insurance.
  • “We are delighted to welcome Craig to Bayview,” said Nancy Mueller Handal, Head of Bayview’s Insurance Asset Management division.
  • Previously, he was a management consultant with Boston Consulting Group and AlixPartners in Boston, New York, and Zürich.

Allianz Increases Operating Profit by 6.8% to 4.0 Billion Euros

Retrieved on: 
среда, мая 15, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240514050487/en/
    Oliver Bäte, Chief Executive Officer of Allianz SE (Photo: Allianz SE)
    Operating profit increases 6.8 percent to 4.0 billion euros driven by the Property-Casualty business segment, supported by good results in the Asset Management and the Life/Health business segments
    Shareholders’ core net income rises to 2.5 billion euros, up by 15.7 percent
    2024 operating profit target maintained at 14.8 billion euros, plus or minus 1 billion euros2
    1 billion euros share buy-back started, 0.5 billion euros completed
    Excluding the application of transitional measures for technical provisions and with quarterly dividend accrual.
  • 1Q 2024: Operating profit was strong at 4.0 (1Q 2023: 3.7) billion euros, up by 6.8 percent, driven by the Property-Casualty business segment and was broadly equally split between an increased operating insurance service result and a higher operating investment result.
  • Shareholders’ core net income increased to 2.5 (2.2) billion euros due to a higher operating profit and non-operating result.
  • We confirm our full-year outlook of an operating profit of 14.8 billion euros, plus or minus 1 billion euros.”
    1Q 2024: Total business volume increased by 5.7 percent to 25.5 (24.1) billion euros.

Limble Expands Leadership Team with Appointment of Brian Germain as Chief Revenue Officer

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вторник, мая 14, 2024

LEHI, Utah, May 14, 2024 /PRNewswire/ -- Limble, provider of the preferred CMMS and Asset Management platform, today announced the appointment of Brian Germain as its new Chief Revenue Officer. With impressive growth and recent accomplishments, including recognition as the top ranking CMMS platform on G2's list of Highest Satisfaction products, Limble continues to expand its executive bench to support the increasing demand.

Key Points: 
  • To support rapid company growth, the Computer Maintenance Management System (CMMS) provider grows its executive leadership team
    LEHI, Utah, May 14, 2024 /PRNewswire/ -- Limble , provider of the preferred CMMS and Asset Management platform , today announced the appointment of Brian Germain as its new Chief Revenue Officer.
  • Brian Germain brings over 16 years of experience in technology sales leadership to Limble.
  • When I saw the innovative, easy-to-use solution Limble is offering their customers, I knew this was a team I had to be a part of," said Brian Germain, CRO of Limble.
  • "We are thrilled to welcome Brian Germain to the team," said Bryan Christiansen, CEO and founder of Limble.

IT Asset Disposition (ITAD) Market size is set to grow by USD 14.85 bn from 2024-2028, growing implementation of regulatory compliances regarding data security to boost the market growth, Technavio

Retrieved on: 
вторник, мая 14, 2024

The need for effective management and disposition of decommissioned IT assets has surged in recent years, propelled by the widespread adoption of cloud services worldwide.

Key Points: 
  • The need for effective management and disposition of decommissioned IT assets has surged in recent years, propelled by the widespread adoption of cloud services worldwide.
  • Cloud-based IT Asset Disposition (ITAD) solutions are gaining traction among businesses due to their ability to efficiently and securely recycle and erase information.
  • Cloud technologies and mobile work options are opening new avenues for innovation within organizations, presenting fresh opportunities for business leaders.
  • These factors have the potential to impede the growth of the global IT Asset Disposition (ITAD) market in the forecast period.