Investment management

Western Asset High Yield Defined Opportunity Fund Inc. Announces Financial Position as of February 29, 2020

Retrieved on:

Tuesday, April 28, 2020

Banking, Professional services, Finance, Finance, Economy, Legg Mason, Western Asset Management Company, Investment management

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

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To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset High Yield Defined Opportunity Fund Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
Legg Mason and its affiliates do not engage in selling shares of the Fund.

Western Asset Managed Municipals Fund Inc. Announces Financial Position as of February 29, 2020.

Retrieved on:

Tuesday, April 28, 2020

Banking, Professional services, Finance, Economy, Finance, Legg Mason, Western Asset Management Company, Investment management

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points:

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Managed Municipals Fund Inc., a non-diversified, closed-end investment management company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the manager.
For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .
Legg Mason and its affiliates do not engage in selling shares of the Fund.

There are good business reasons for the surge in fund re-brandings as ESG products, but there are also risks

Retrieved on:

Tuesday, April 28, 2020

Economy, Microeconomics, Management, Investment management, Brand management, Product management, Rebranding, Sustainable products

Fund rebranding has its trade-offs according to Schoepke.On the plus-side, rebranding to establish a sustainable investment fund is a relatively low cost and quick means for a fund manager to attain product scale.After all, the shareholder base for the rebranded fund already exists.

Key Points:

Fund rebranding has its trade-offs according to Schoepke.On the plus-side, rebranding to establish a sustainable investment fund is a relatively low cost and quick means for a fund manager to attain product scale.After all, the shareholder base for the rebranded fund already exists.
For some shareholders holding funds for non-retirement purposes, rebranding is an opportunity to move to a sustainable product while avoiding certain tax implications.
Notwithstanding these negatives, Schoepke expects rebranding to continue as a principle method employed by fund managers to enter the marketplace.
However, he believes that as the sector matures rebranding initiatives will increasingly emphasize a manager's in-house sustainable investment expertise and uniqueness.

Chelverton UK Dividend Trust plc: Net Aseet Value(s)

Retrieved on:

Tuesday, April 28, 2020

Finance, Money, Investment management, Corporate finance, Net asset value, Dividend, Share, Investment funds

Chelverton UK Dividend Trust plc: Net Aseet Value(s)

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Chelverton UK Dividend Trust plc: Net Aseet Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 27/04/2020 was:
Number of shares in issue:

Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended March 31, 2020

Retrieved on:

Tuesday, April 28, 2020

Investment management, Net asset value, NAV

GREENWICH, Conn., April 28, 2020 (GLOBE NEWSWIRE) -- Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQL) (NasdaqGS: OXSQZ) (the Company, we, us or our) announced today its financial results and related information for the quarter ended March 31, 2020.

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GREENWICH, Conn., April 28, 2020 (GLOBE NEWSWIRE) -- Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQL) (NasdaqGS: OXSQZ) (the Company, we, us or our) announced today its financial results and related information for the quarter ended March 31, 2020.
As previously announced by the Company, our Board of Directors had declared monthly common stock distributions through June 30, 2020.
During the quarter ended March 31, 2020, the U.S. loan market exhibited a heightened level of volatility.
As of March 31, 2020 net asset value (NAV) per share was $3.32, compared with the NAV per share of $5.12 at the prior quarter end.

Investment Industry Veteran Lisa Laird Joins Hightree Advisors®

Retrieved on:

Tuesday, April 28, 2020

Consulting, Professional services, Finance, Investment fund, Investment management

Hightree Advisors , an independent institutional investment consultancy committed to helping organizations and their investment service providers to improve the effectiveness of invested assets, announced today that investment industry veteran Lisa Laird has joined the firm as a principal and senior advisor.

Key Points:

Hightree Advisors , an independent institutional investment consultancy committed to helping organizations and their investment service providers to improve the effectiveness of invested assets, announced today that investment industry veteran Lisa Laird has joined the firm as a principal and senior advisor.
Laird brings to Hightree nearly 20 years of experience in institutional investing as a chief investment officer, consultant, and trustee.
View the full release here: https://www.businesswire.com/news/home/20200428005185/en/
Karyn Williams, founder and managing principal of Hightree Advisors, said, We are incredibly fortunate that Lisa has joined the Hightree team.
Hightree does not offer investment products, does not have discretionary investment authority, and has no conflicting lines of business.

M&G Credit Income Investment Trust plc: Dividend Declaration

Retrieved on:

Tuesday, April 28, 2020

Economy, Finance, Money, Dividend, Shareholders, Investment management, Investment, Financial ratios, Dividend cover

The Company's investment manager has completed a detailed review of each investment.

Key Points:

The Company's investment manager has completed a detailed review of each investment.
The Company's interest income has increased during the last few weeks and, whilst its capital value has fallen, the outlook for the portfolio remains strong.
Accordingly,of the dividend declared, the Company has designated 0.72 pence perOrdinaryShare as an interest distribution and 0.13 penceperOrdinaryShare as a dividend to shareholders.
The Board continues to work closely with the Company's investment manager to ensure the appropriate oversight of the portfolio and investment processes.

Introducing the Wealth Access + RightCapital Integration

Retrieved on:

Monday, April 27, 2020

Economy, Finance, Money, Financial management, Investment management, Stock market, Wealth management

"RightCapital is committed to helping advisors grow their business, and our robust platform integration now enables advisors working with Wealth Access to deliver differentiated value to their clients."

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"RightCapital is committed to helping advisors grow their business, and our robust platform integration now enables advisors working with Wealth Access to deliver differentiated value to their clients."
The integration is available now to all existing Wealth Access and RightCapital customers.
Join Wealth Access and RightCapital for a partner webinar on May 6th at 1:00 pm EST to learn more about the new integration.
Headquartered in Nashville, TN, Wealth Access is backed by successful investors and notable wealth management technology platforms.

ICMA-RC Hires Transformational Chief Sales Executive

Retrieved on:

Monday, April 27, 2020

Economy, Business, Articles, Financial management, Investment management, Stock market, Wealth management, Sales

Washington, D.C., April 27, 2020 (GLOBE NEWSWIRE) -- Orlando Cruz is joining ICMA-RC as its Chief Revenue and Sales Officer starting Monday, April 27.

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Washington, D.C., April 27, 2020 (GLOBE NEWSWIRE) -- Orlando Cruz is joining ICMA-RC as its Chief Revenue and Sales Officer starting Monday, April 27.
The position has overall responsibility for all client facing sales teams across the corporation and includes approximately 250 teammates.
Mr. Cruz brings more than 25 years of experience leading the development of highly effective and successful sales organizations.
Mr. Cruz is joining from PNC Investments, where he was Senior Vice President and Market Executive and led a team delivering wealth management and retirement products and solutions to clients.

BlackRock® Canada Announces Final April Cash Distributions for the iShares® Premium Money Market ETF

Retrieved on:

Friday, April 24, 2020

Finance, Money, Economy, Exchange-traded funds, iShares, BlackRock, Investment management, Investment, Lee Kranefuss

As of March 31, 2020, the firm managed approximately US$6.47 trillion in assets on behalf of investors worldwide.

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As of March 31, 2020, the firm managed approximately US$6.47 trillion in assets on behalf of investors worldwide.
iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm1.
Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs.
Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.