Institutional investors

Angel Oak Dynamic Financial Strategies Income Term Trust Declares August 2021 Distribution

Retrieved on:

Monday, August 2, 2021

Professional services, Finance, Finance, Investment funds, Investment, Exchange-traded funds, Institutional investors, State Street Global Advisors

Angel Oak Dynamic Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of August 2021.

Key Points:

Angel Oak Dynamic Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of August 2021.
The record date for the distribution is August 17, 2021, and the payable date is August 31, 2021.
The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Dynamic Financial Strategies Income Term Trust.

MFS Announces Closed-End Fund Distributions

Retrieved on:

Monday, August 2, 2021

Banking, Professional services, Finance, Finance, Money, Investment, Institutional investors, Mutual funds, Form, Financial market, Investment management, Investment funds

The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders.

Key Points:

The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders.
The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time.
In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors.

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases

Retrieved on:

Friday, July 30, 2021

Banking, Professional services, Finance, Finance, Financial markets, Money, Corporate finance, Investment funds, Stock market, Equity securities, Closed-end fund, Stock, Institutional investors

Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.

Key Points:

Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.
For more information on each Fund, including the most recent month-end performance, visit www.dwsfunds.com or call (800) 349-4281.
There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange.
The price of a funds shares is determined by a number of factors, several of which are beyond the control of the fund.

Wilshire Shares Latest Results, Key Lessons from Its Diverse Owned Manager Initiative

Retrieved on:

Wednesday, July 28, 2021

Software, Human resources, Publishing, Finance, Consulting, Communications, Professional services, Technology, Investment management, Institutional investors, Human resource management

As part of a continued effort to create opportunities for diverse owned asset management firms, Wilshire released a report today outlining the 2020 results of its ongoing Diverse Owned Manager Initiative .

Key Points:

As part of a continued effort to create opportunities for diverse owned asset management firms, Wilshire released a report today outlining the 2020 results of its ongoing Diverse Owned Manager Initiative .
In 2020, 44 searches were conducted, and of those searches, 20 included a diverse owned manager, resulting in eight diverse owned manager mandate wins.
Within this database, Wilshires diverse manager committee has identified 144 viable diverse owned firms, up from 134 in 2018.
While interest in diverse owned managers remains high, the number of clients investing with diverse owned managers and the assets under management by diverse firms remain low.

Tourmaline Partners Adds Buy-Side Trading Veteran Stephen Berte as Managing Director

Retrieved on:

Tuesday, July 27, 2021

Articles, Economy, Business, Institutional investors, Hedge fund, Outsourcing, Tourmaline

STAMFORD, CT, July 27, 2021 (GLOBE NEWSWIRE) -- Tourmaline Partners, LLC, the worlds leading outsourced trading solutions firm, today announced that Stephen Berte has joined the firm as managing director.

Key Points:

STAMFORD, CT, July 27, 2021 (GLOBE NEWSWIRE) -- Tourmaline Partners, LLC, the worlds leading outsourced trading solutions firm, today announced that Stephen Berte has joined the firm as managing director.
Berte will establish Tourmalines Boston, MA office, joining Tourmaline with nearly two decades of experience in trading across multiple asset classes and regions.
In recent months, Tourmaline has made multiple veteran hires in Australia and United States to meet global demand.
Tourmaline Partners is the worlds leading outsourced trading solutions firms, providing tailor-made services to hedge funds and asset managers of all sizes, pairing clients trading needs with our expertise.

DriveWealth Partners With YieldX to Launch Target Yield ETFs to Help Retail Investors Take Better Control of Their Financial Lives

Retrieved on:

Tuesday, July 27, 2021

The DriveWealth ETFs can be an important part of a savers financial picture and a retail investors overall portfolio.

Key Points:

The DriveWealth ETFs can be an important part of a savers financial picture and a retail investors overall portfolio.
STBL seeks to generate a target net yield of3% while aiming to minimize the risk level relative to similar-yielding products.
EERN seeks to target a net yield of 8% while aiming to minimize the risk level relative to similar-yielding products.
The DriveWealth Funds are the property of YieldX Advisers, LLC, DriveWealth, LLC and Red Gate Advisers, LLC.

Robert Wall to Join Lazard Asset Management as Head of Sustainable Private Infrastructure

Retrieved on:

Monday, July 26, 2021

Professional services, Finance, Finance, Economy, Money, Investment management, Corporate social responsibility, Social finance, Socially responsible investing, Lazard, Investment, Institutional investors, Alberta Investment Management Corporation, Virtus Investment Partners

Lazard Asset Management (LAM) today announced an expansion of its global alternatives investment platform with the hiring of Robert Wall.

Key Points:

Lazard Asset Management (LAM) today announced an expansion of its global alternatives investment platform with the hiring of Robert Wall.
Mr. Wall will join the firm in October as Managing Director and Head of Sustainable Private Infrastructure and will be based in London.
Mr. Wall, who has more than 20 years experience in growing private market investment portfolios, investing in infrastructure companies, and delivering engineering projects, will build a team at LAM to manage a sustainable investment strategy focused on private infrastructure companies.
This is a fantastic opportunity to provide clients with access to private infrastructure investments, alongside Lazard Asset Managements global investment resources and expertise in sustainable investing.

FountainCap Wins Asset Management Company of the Year Award for the Fourth Year

Retrieved on:

Monday, July 26, 2021

Finance, Money, Investment, Institutional investors, Asset management, Value Partners, Qualified Foreign Institutional Investor

HONG KONG, July 26, 2021 /PRNewswire/ --FountainCap Research & Investment (Hong Kong) Co., Ltd. ("FountainCap") has won its fourth Asset Management Company of the Year China Offshore Equity Highly Commended award from The Asset magazine's Triple A Sustainable Investing Awards.

Key Points:

HONG KONG, July 26, 2021 /PRNewswire/ --FountainCap Research & Investment (Hong Kong) Co., Ltd. ("FountainCap") has won its fourth Asset Management Company of the Year China Offshore Equity Highly Commended award from The Asset magazine's Triple A Sustainable Investing Awards.
Despite all the challenges, FountainCap successfully navigated through 2020 generating one of the best performances since the company's inception and saw its AUM grow to US$1.5 billion by end of 2020.
The milestone reflects FountainCap's years of hard work and commitment to building a premium China-focused asset management company.
Since inception, FountainCap has delivered consistent results for global investors through its in-depth fundamental research and long-term investment philosophy.

MetLife Investment Management Broadens Investor Access to Public Fixed Income Strategies

Retrieved on:

Friday, July 23, 2021

Banking, Professional services, Insurance, Finance, Investment trust, Investment fund, MetLife, Finance, Investment, Investment management, Institutional investors

Jude Driscoll, head of Public Fixed Income for MetLife Investment Management, said: This CIT platform is a natural extension of MIMs existing capabilities.

Key Points:

Jude Driscoll, head of Public Fixed Income for MetLife Investment Management, said: This CIT platform is a natural extension of MIMs existing capabilities.
MetLife Investment Management , the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide.
The MetLife Investment Management Collective Investment Trusts are managed by SEI Trust Company, the trustee, based on the investment advice of MetLife Investment Management, LLC, the investment adviser to the trusts.
Includes all assets managed by MIM in MIM's public fixed income third-party strategies (including assets managed in the public fixed income investment strategies show above and certain other MIM public fixed income investment strategies).

MetLife Investment Management Broadens Investor Access to Public Fixed Income Strategies

Retrieved on:

Thursday, July 22, 2021

Professional services, Insurance, Human resources, Finance, Investment trust, Investment fund, MetLife, Finance, Investment, Investment management, Institutional investors

Jude Driscoll, head of Public Fixed Income for MetLife Investment Management, said: This CIT platform is a natural extension of MIMs existing capabilities.

Key Points:

Jude Driscoll, head of Public Fixed Income for MetLife Investment Management, said: This CIT platform is a natural extension of MIMs existing capabilities.
MetLife Investment Management , the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide.
The MetLife Investment Management Collective Investment Trusts are managed by SEI Trust Company, the trustee, based on the investment advice of MetLife Investment Management, LLC, the investment adviser to the trusts.
Includes all assets managed by MIM in MIM's public fixed income third-party strategies (including assets managed in the public fixed income investment strategies show above and certain other MIM public fixed income investment strategies).