Investment management

Center Coast Brookfield MLP & Energy Infrastructure Fund Announces Quarterly Distribution and Reverse Share Split

Friday, June 5, 2020 - 9:13pm

As a result of the reverse share split, every ten (10) of the Fund's outstanding common shares will be converted into one (1) common share.

Key Points: 
  • As a result of the reverse share split, every ten (10) of the Fund's outstanding common shares will be converted into one (1) common share.
  • A reverse share split will decrease the Funds common shares outstanding and potentially increase the market price per common share by a proportional amount.
  • After the reverse share split, shareholders' accounts will reflect proportionally fewer common shares with a higher net asset value per common share.
  • Each common shareholder will hold the same percentage of the Fund's outstanding common shares immediately following the reverse share split as such shareholder held immediately prior to the reverse share split, subject to adjustments for fractional shares resulting from the reverse share split.

Liberty All-Star® Equity Fund Announces New Portfolio Manager

Friday, June 5, 2020 - 8:30pm

BOSTON, June 5, 2020 /PRNewswire/ --The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has appointed Fiduciary Management, Inc. ("Fiduciary") as one of the Fund's five investment managers effective June 15, 2020 replacing Macquarie Investment Management.

Key Points: 
  • BOSTON, June 5, 2020 /PRNewswire/ --The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has appointed Fiduciary Management, Inc. ("Fiduciary") as one of the Fund's five investment managers effective June 15, 2020 replacing Macquarie Investment Management.
  • Liberty All-Star Equity Fund's other managers are Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Sustainable Growth Advisers, LP and TCW Investment Management Company.
  • The share price of a closed-end fund is based on the market's value.
  • ALPS Advisors, Inc. is the investment advisor of the Fund, a multi-managed, closed-end investment company with more than $1.3 billion in net assets as of June 4, 2020.

Kountable launches ESG Execution

Friday, June 5, 2020 - 6:30am

THE HAGUE, Netherlands, June 5, 2020 /PRNewswire/ --As global organizations continue to commit significant financial and human capital towards ESG goals, Kountable is proud to launch ESG Execution Services & Solutions for CEOs and Chairmen who have mandated their corporations to source responsibly, minimize their footprint and meet (Environmental, Social and Governance) ESG standards globally.

Key Points: 
  • THE HAGUE, Netherlands, June 5, 2020 /PRNewswire/ --As global organizations continue to commit significant financial and human capital towards ESG goals, Kountable is proud to launch ESG Execution Services & Solutions for CEOs and Chairmen who have mandated their corporations to source responsibly, minimize their footprint and meet (Environmental, Social and Governance) ESG standards globally.
  • Kountable's ESG Execution practice has been under development for over 24 months and represents a sustained, purpose-led capital commitment totechnology, best practices, consulting and methodologies to serve its ESG impact fund customers and SDG-centered asset management partners.
  • Kountable has developed a framework for addressing third-party risk for fund managers and their clients across ESG, impact and sustainable investing.
  • To Kountable, ESG Execution means that all aspects of the project, funding and oversight adhere to the mandates and standards set by the investment groups and their partners, including:
    Kountable CEO and Founder, Chris Hale, explains, "Our global network of local execution partners has been using our technology to deliver these results since 2015.

Kountable launches ESG Execution

Friday, June 5, 2020 - 6:30am

THE HAGUE, Netherlands, June 5, 2020 /PRNewswire/ --As global organizations continue to commit significant financial and human capital towards ESG goals, Kountable is proud to launch ESG Execution Services & Solutions for CEOs and Chairmen who have mandated their corporations to source responsibly, minimize their footprint and meet (Environmental, Social and Governance) ESG standards globally.

Key Points: 
  • THE HAGUE, Netherlands, June 5, 2020 /PRNewswire/ --As global organizations continue to commit significant financial and human capital towards ESG goals, Kountable is proud to launch ESG Execution Services & Solutions for CEOs and Chairmen who have mandated their corporations to source responsibly, minimize their footprint and meet (Environmental, Social and Governance) ESG standards globally.
  • Kountable's ESG Execution practice has been under development for over 24 months and represents a sustained, purpose-led capital commitment totechnology, best practices, consulting and methodologies to serve its ESG impact fund customers and SDG-centered asset management partners.
  • Kountable has developed a framework for addressing third-party risk for fund managers and their clients across ESG, impact and sustainable investing.
  • To Kountable, ESG Execution means that all aspects of the project, funding and oversight adhere to the mandates and standards set by the investment groups and their partners, including:
    Kountable CEO and Founder, Chris Hale, explains, "Our global network of local execution partners has been using our technology to deliver these results since 2015.

Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-end Funds

Thursday, June 4, 2020 - 9:05pm

Investors should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's level distribution policy.

Key Points: 
  • Investors should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's level distribution policy.
  • Shareholders should not draw any conclusions about a funds investment performance based on a funds current distributions.
  • For performance data on Amundi Pioneer's closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.
  • Amundi Pioneer is the U.S. business of Amundi, Europes largest asset manager by assets under management and ranked among the ten largest globally[1].

New Star Investment Trust PLC: Net Asset Value

Thursday, June 4, 2020 - 6:03pm

It is announced that the unaudited Net Asset Values per Ordinary share (calculated on bid prices) of New Star Investment Trust plc, an investment trust managed by Brompton Asset Management LLP, on 31 May 2020 were as follows:

Key Points: 

It is announced that the unaudited Net Asset Values per Ordinary share (calculated on bid prices) of New Star Investment Trust plc, an investment trust managed by Brompton Asset Management LLP, on 31 May 2020 were as follows:

Hamilton Lane to Participate at Upcoming Conference Hosted by Morgan Stanley

Thursday, June 4, 2020 - 5:00pm

BALA CYNWYD, Penn., June 04, 2020 (GLOBE NEWSWIRE) -- Hamilton Lane (NASDAQ: HLNE) today announced that Erik Hirsch, Vice Chairman and Head of Strategic Initiatives, will be participating at the Morgan Stanley Financials Conference on Wednesday, June 10, 2020 at 11:00AM ET.

Key Points: 
  • BALA CYNWYD, Penn., June 04, 2020 (GLOBE NEWSWIRE) -- Hamilton Lane (NASDAQ: HLNE) today announced that Erik Hirsch, Vice Chairman and Head of Strategic Initiatives, will be participating at the Morgan Stanley Financials Conference on Wednesday, June 10, 2020 at 11:00AM ET.
  • A live audio webcast of the presentation will be available on the firms IR website or byclicking here .
  • Hamilton Lane (NASDAQ: HLNE) is a leading alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world.
  • Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis.

University of Victoria Appoints Northern Trust Canada as Custodian for Pension and Foundation Assets

Thursday, June 4, 2020 - 3:00pm

Northern Trust Canada has been appointed by The University of Victoria (UVic) to provide trustee, global custody, pension benefit payments and associated services for its approximately CAD $2.0 billion in pension and foundation assets.

Key Points: 
  • Northern Trust Canada has been appointed by The University of Victoria (UVic) to provide trustee, global custody, pension benefit payments and associated services for its approximately CAD $2.0 billion in pension and foundation assets.
  • "We are thrilled to have been chosen by UVic," said Katie Pries, President and CEO of Northern Trust Canada.
  • Northern Trust Canada has been successfully servicing clients for over 30 years including pension funds, investment managers, insurance companies, government agencies and corporations.
  • As of March 31, 2020, Northern Trust had assets under custody/administration of US $10.9 trillion, and assets under management of US $1.1 trillion.