Investment management

BlackRock® Canada Announces Update to the Final Annual Reinvested Capital Gains Distributions for an iShares® ETF

Retrieved on: 
Friday, January 10, 2020

As of September 30, 2019, the firm managed approximately US$6.96 trillion in assets on behalf of investors worldwide.

Key Points: 
  • As of September 30, 2019, the firm managed approximately US$6.96 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.

Yiren Digital and Principal Financial Group Enter into Strategic Cooperation to Expand into Retirement Market

Retrieved on: 
Friday, January 10, 2020

The partnership will open up a comprehensive strategic business deployment in China's retirement financial service market, helping China's mass affluent population better prepare for retirement.

Key Points: 
  • The partnership will open up a comprehensive strategic business deployment in China's retirement financial service market, helping China's mass affluent population better prepare for retirement.
  • The partnership will also be committed to cultivating talent and Principal will utilize its expertise and experience in helping Yiren Wealth develop a highly professional retirement planning team.
  • Principal is a global leading financial services firm with world-class expertise in customizing retirement solutions for clients with all income and portfolio sizes.
  • Yiren Wealth aims to serve the mass affluent by providing safe, professional digital wealth management services through asset allocation strategies.

Franklin Resources, Inc. Announces Month-End Assets Under Management

Retrieved on: 
Thursday, January 9, 2020

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton.

Key Points: 
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton.
  • Franklin Templetons goal is to deliver better outcomes by providing global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries.
  • Statements in this press release regarding Franklin Resources, Inc. (Franklin) and its subsidiaries, which are not historical facts, are forward-looking statements within the meaning of the U.S.
  • The amount and mix of our assets under management (AUM) are subject to significant fluctuations.

DeskTrading Reports Growth Surge in Separately Managed Accounts

Retrieved on: 
Thursday, January 9, 2020

HONG KONG, Jan. 9, 2020 /PRNewswire/ -- DeskTrading, a leading expert in innovative Separately Managed Accounts (SMA) technology, is reporting a significant surge in demand for SMAs across the global financial markets, with demand being greatest within equity and currency markets.

Key Points: 
  • HONG KONG, Jan. 9, 2020 /PRNewswire/ -- DeskTrading, a leading expert in innovative Separately Managed Accounts (SMA) technology, is reporting a significant surge in demand for SMAs across the global financial markets, with demand being greatest within equity and currency markets.
  • Between 2010 and 2017, an 85% global growth in SMAs was confirmed, with demand growth between 2017 and 2020 in the retail FX market standing at around 20% per annum.
  • "Separately Managed Accounts certainly aren't new, but over the last few years we've noticed a strong renewed interest in this form of portfolio management, especially within equity and currency markets," says Steve Wong, Head of Trading at DeskTrading.
  • DeskTrading is revolutionising the Forex trading and investment landscape with an innovative, Separately Managed Accounts (SMA) platform XDesk.

MetLife Becomes First Life Insurance Company to Earn Fitwel Building Certifications

Retrieved on: 
Thursday, January 9, 2020

MetLife, Inc. (NYSE: MET) today announced that it has become the first life insurance company to earn Fitwel certifications for its commitment to healthy workplaces.

Key Points: 
  • MetLife, Inc. (NYSE: MET) today announced that it has become the first life insurance company to earn Fitwel certifications for its commitment to healthy workplaces.
  • It is the leading global health certification system providing effective design and operational strategies to support occupant health and productivity.
  • Fitwel measures the health impact of a building based on several factors, including how it promotes occupant safety, how it increases physical activity, and how it affects the health of the surrounding community.
  • The companys institutional asset management business, MetLife Investment Management (MIM), has also obtained certifications for three properties held in its real estate equity investment portfolio.

Pender Growth Fund Announces the Acquisition of one of its Portfolio Companies

Retrieved on: 
Thursday, January 9, 2020

As a result of the Transaction, the Companys total net asset value increased by approximately $4.2 million ($0.52 per share).

Key Points: 
  • As a result of the Transaction, the Companys total net asset value increased by approximately $4.2 million ($0.52 per share).
  • We would like to thank the entire BasicGov team for their long-term effort and wish them much success as they advance the company to its exciting next phase, saidDavidBarr, President & CEO of Pender Growth Fund, Inc.
  • The portfolio company was acquired by an entrepreneurial investment firm focused on acquiring, operating and building businesses with high growth potential.
  • Pender Growth Fund Inc. is an investment company with the objective of achieving long-term capital appreciation for its investors.

Yevgenia Zemlyakova Named COO of D. E. Shaw Investment Management

Retrieved on: 
Thursday, January 9, 2020

NEW YORK, Jan. 9, 2020 /PRNewswire/ --The D. E. Shaw group, a global investment and technology development firm, today announced that Yevgenia Zemlyakova will join its D. E. Shaw Investment Management ("DESIM") business as Chief Operating Officer.

Key Points: 
  • NEW YORK, Jan. 9, 2020 /PRNewswire/ --The D. E. Shaw group, a global investment and technology development firm, today announced that Yevgenia Zemlyakova will join its D. E. Shaw Investment Management ("DESIM") business as Chief Operating Officer.
  • In this newly created role, Ms. Zemlyakovawill report to DESIM's Co-Chief Investment Officers, Philip Kearns and Ruvim Breydo.
  • DESIM has more than doubled over the past four years, while its team of research and investment professionals has grown more than threefold.
  • "Genya brings a rare combination of investment management and business-building experience across investment research, portfolio implementation, and operational design," said Dr. Kearns.

Mutual Fund Industry Research Frames Panel Conversation at Recent Ultimus Event

Retrieved on: 
Wednesday, January 8, 2020

CINCINNATI, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus) today shares insights from a panel discussion with registered fund experts (via video link) during a recently-hosted influencer event in New York.

Key Points: 
  • CINCINNATI, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions (Ultimus) today shares insights from a panel discussion with registered fund experts (via video link) during a recently-hosted influencer event in New York.
  • The panel, entitledWhy Mutual Funds Remain Relevant Today, was moderated by Managing Editor Diana Britton of WealthManagement.com, and featured James Tamposi , a Senior Analyst at Cerulli Associates, and Pat Newcomb , the Director of Benchmark Research at FUSE Research Network.
  • The third panelist was Alma Piscitello , Executive Vice President of Relationship Management at Ultimus.
  • Servicing over 1,200 total traditional and alternative funds, Ultimus helps investment managers and fund families flourish in todays increasingly sophisticated and dynamic investment landscape.

Homrich Berg Names Veteran Wealth Management Leader Thomas Carroll, CFP® as President

Retrieved on: 
Wednesday, January 8, 2020

Homrich Berg is pleased to announce that veteran wealth management leader Thomas Carroll has joined the HB executive team as President.

Key Points: 
  • Homrich Berg is pleased to announce that veteran wealth management leader Thomas Carroll has joined the HB executive team as President.
  • As president, Thomas will join the HB management team and assist with the leadership of a wide range of growth and client service initiatives.
  • Andy and his partners have built a great firm, and I have always admired Homrich Berg and their focus on fiduciary, fee-only comprehensive wealth management services for their clients, said Thomas.
  • In that capacity, Thomas managed a group of advisors who provided private wealth management services to sports and entertainment professionals.

Homrich Berg Names Veteran Wealth Management Leader Thomas Carroll, CFP® As President

Retrieved on: 
Wednesday, January 8, 2020

ATLANTA, Jan. 8, 2020 /PRNewswire/ -- Homrich Berg is pleased to announce that veteran wealth management leader Thomas Carroll has joined the HB executive team as President.

Key Points: 
  • ATLANTA, Jan. 8, 2020 /PRNewswire/ -- Homrich Berg is pleased to announce that veteran wealth management leader Thomas Carroll has joined the HB executive team as President.
  • As president, Thomas will join the HB management team and assist with the leadership of a wide range of growth and client service initiatives.
  • "Andy and his partners have built a great firm, and I have always admired Homrich Berg and their focus on fiduciary, fee-only comprehensive wealth management services for their clients," said Thomas.
  • In that capacity, Thomas managed a group of advisors who provided private wealth management services to sports and entertainment professionals.