Institutional investors

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Closed End Funds

Retrieved on: 
Wednesday, July 21, 2021
Finance, Money, Investment, Investment funds, Investment management, Open-end fund, Closed-end fund, PIMCO, Net asset value, Institutional investors, Mutual funds, Exchange-traded fund

TORONTO, July 21, 2021 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) is pleased to announce today that it has declared monthly distributions on its Class A Units (the “Units”) of the PIMCO Canada closed end funds (the “Funds”). The distributions will be paid on August 13, 2021 to the holders of record at the close of business on July 30, 2021.

Key Points: 
  • The Manager, PIMCO Canada, retains Pacific Investment Management Company, LLC (PIMCO), to provide investment management services to the Funds.
  • Closed end funds, unlike open end funds, are not continuously offered.
  • After the initial public offering, shares of closed end funds are sold on the open market through a stock exchange.
  • Units of closed end funds frequently trade at a discount to their net asset value, which may increase risk of loss.

IFIC Monthly Investment Fund Statistics – June 2021

Retrieved on: 
Wednesday, July 21, 2021
Finance, Money, Institutional investors, Mutual funds, Investment, Investment management, Investment fund, Hedge fund

IFIC direct survey data (which accounts for approximately 91% of total mutual fund industry assets) is complemented by data from Investor Economics to provide comprehensive industry totals.

Key Points: 
  • IFIC direct survey data (which accounts for approximately 91% of total mutual fund industry assets) is complemented by data from Investor Economics to provide comprehensive industry totals.
  • * Important Information Regarding Investment Fund Data:
    Mutual fund data is adjusted to remove double counting arising from mutual funds that invest in other mutual funds.
  • The Investment Funds Institute of Canada is the voice of Canadas investment funds industry.
  • IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals.

Ultimus Fund Solutions Receives Highest Scores for 7th Consecutive Year in Global Custodian Mutual Fund Administration Survey

Retrieved on: 
Wednesday, July 21, 2021
Institutional investors, Ultimus, Economy, Fund administration, Global Custodian, Mutual fund, Magazines

According to the survey report, said one client: Our experience with Ultimus has been excellent from start to finish.

Key Points: 
  • According to the survey report, said one client: Our experience with Ultimus has been excellent from start to finish.
  • In addition to receiving the highest overall score, Ultimus achieved additional milestones in the Global Custodian survey:
    Ultimus surpassed all other fund administrator scores in 12 services categories surveyed.
  • The annual Mutual Fund Administration Survey, administered by Global Custodian, asks fund sponsors to assess the quality of service received from their administrators.
  • Ultimus Fund Solutions (Ultimus) is a leading provider of full-service fund administration, accounting, and investor solutions to support the launching and servicing of registered funds, private funds, and public plans.

Sierra Mutual Funds Introduces Sierra Tactical Risk Spectrum 50 Fund

Retrieved on: 
Wednesday, July 21, 2021
Professional services, Finance, Finance, Institutional investors, California, Investment, Mutual fund, Sierra Club

The Sierra Tactical Risk Spectrum 50 Fund will be managed by Kenneth L. Sleeper, MBA, PhD, and David C. Wright, JD, co-founders of Sierra.

Key Points: 
  • The Sierra Tactical Risk Spectrum 50 Fund will be managed by Kenneth L. Sleeper, MBA, PhD, and David C. Wright, JD, co-founders of Sierra.
  • For more information on the Sierra mutual funds, please visit www.sierramutualfunds.com .
  • The Sierra Group of Companies ("Sierra") comprises Sierra Investment Management , Inc., Ocean Park Asset Management , Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds , which include the Sierra Tactical All Asset Fund , Sierra Tactical Core Income Fund , Sierra Tactical Municipal Fund , Sierra Tactical Bond Fund , as well as the new Fund .
  • As of May 31, 2021, Sierra manages or advises over $8 billion in assets, in separate managed accounts, TAMP models and mutual funds.

F.L.Putnam Investment Management Company Names Ryan McQuilkin Managing Director, Fixed Income

Retrieved on: 
Wednesday, July 21, 2021
Institutional investors, Hedge funds, Virtus Investment Partners

WELLESLEY, Mass., July 21, 2021 /PRNewswire/ --F.L.Putnam Investment Management Company today announced that Ryan McQuilkin, CFA,CFPhas joined the firm as Managing Director, Fixed Income.

Key Points: 
  • WELLESLEY, Mass., July 21, 2021 /PRNewswire/ --F.L.Putnam Investment Management Company today announced that Ryan McQuilkin, CFA,CFPhas joined the firm as Managing Director, Fixed Income.
  • "Ryan is a tremendous addition to our investment management team and will significantly enhance our fixed income investing capabilities," said Tom Manning, CEO at F.L.Putnam.
  • Mr. McQuilkin most recently served as Managing Director and Head of Fixed Income at Boston Private Wealth.
  • F.L.Putnam Investment Management Company, an SEC-registered investment advisory firm, provides investment management, financial planning and consulting services to high-net-worth clients, endowments and foundations.

Achieving Significant Milestones, North Square Investments Celebrates Third Anniversary

Retrieved on: 
Wednesday, July 21, 2021
Finance, Investment, Money, Financial adviser, Alternative investment management companies, Institutional investors, Hedge funds, Virtus Investment Partners, Evergreen Investments

This past June, North Square completed the acquisition of the Stadion Funds, its second major acquisition in 18 months.

Key Points: 
  • This past June, North Square completed the acquisition of the Stadion Funds, its second major acquisition in 18 months.
  • By the end of the second quarter, North Square had over $1 billion of assets under management in 12 mutual funds.
  • Founded in 2018 and headquartered in Chicago, Illinois, North Square Investments is an independent, multi-boutique investment firm dedicated to delivering differentiated active investment strategies to the market.
  • North Square Investments, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission.

Evaluate and Track Investment and Funding Companies | View Company Insights for 1,500+ Investment and Funding Service Providers | BizVibe

Retrieved on: 
Wednesday, July 21, 2021
Finance, Money, Economy, Entrepreneurship, Private equity, Business incubators, Institutional investors, Venture capital, Startup company, Mutual fund, Funding

Companies listed in this category are primarily engaged in providing various types of investment and funding services (such as mutual funds, retirement funds, startup funding, etc.).

Key Points: 
  • Companies listed in this category are primarily engaged in providing various types of investment and funding services (such as mutual funds, retirement funds, startup funding, etc.).
  • Users can take advantage of these insights to identify, target, and connect with the right companies who provide investment and funding services.
  • Free Insights Included for all Investment and Funding Services Company Profiles:
    BizVibe's platform contains 10M+ company profiles, spanning across 200+ countries, categorized into 40,000+ products and services.
  • There are 1,500+ company profiles related to investment and funding services on BizVibe, covering 5+ related categories.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.0896 Per Share for August

Retrieved on: 
Tuesday, July 20, 2021
Professional services, Finance, Finance, Investment, Investment funds, Institutional investors, Exchange-traded fund, Investment trust

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0896 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend date is expected to be August 2, 2021. The monthly distribution information for the Fund appears below.

Key Points: 
  • First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.0896 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021.
  • The Fund pursues these investment objectives by investing primarily in senior secured floating-rate corporate loans.
  • Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in lower grade debt instruments.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.08 Per Share for August

Retrieved on: 
Tuesday, July 20, 2021
Professional services, Finance, Finance, Money, Investment, Institutional investors, Investment funds, Mutual fund, Investment management, Exchange-traded funds, Hedge fund

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend date is expected to be August 2, 2021. The monthly distribution information for the Fund appears below.

Key Points: 
  • First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for August

Retrieved on: 
Tuesday, July 20, 2021
Professional services, Finance, Finance, Money, Investment, Institutional investors, Registered Investment Adviser, Financial adviser, Exchange-traded fund, Financial Industry Regulatory Authority, Mutual fund

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend date is expected to be August 2, 2021. The monthly distribution information for the Fund appears below.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.