Institutional investors

VanEck Launches Fund Focused on Environmental Change Including the Accelerating Energy Transition

Retrieved on: 
Wednesday, July 14, 2021
Banking, Professional services, Finance, Finance, Draft:VanEck, Institutional investors, Investment, Mutual fund, Exchange-traded funds

VanEck today announced the launch of its newest mutual fund, the VanEck Environmental Sustainability Fund (the Fund, tickers: ENVAX, ENVIX, ENVYX) .

Key Points: 
  • VanEck today announced the launch of its newest mutual fund, the VanEck Environmental Sustainability Fund (the Fund, tickers: ENVAX, ENVIX, ENVYX) .
  • Investors should be taking a holistic view when it comes to environmental sustainability, said Shawn Reynolds, Portfolio Manager for the Fund.
  • As of June 30, 2021, VanEck managed approximately $81.3 billion in assets, including mutual funds, ETFs and institutional accounts.
  • Prior to May 1, 2021, VanEck Global Resources Fund was known as VanEck Global Hard Assets Fund.

William Blair Investment Management Hires Vesta Marks as U.S. Fixed Income Portfolio Manager

Retrieved on: 
Tuesday, July 13, 2021
Banking, Professional services, Finance, Finance, Money, Active management, Investment management, Economy, Portfolio management, Professional certification in finance, Institutional investors, Chartered Financial Analyst, Chartered Alternative Investment Analyst

William Blair Investment Management announced today that Vesta Marks, CFA, CAIA, has joined the firm as a fixed income portfolio manager, reporting to Ruta Ziverte, head of U.S.

Key Points: 
  • William Blair Investment Management announced today that Vesta Marks, CFA, CAIA, has joined the firm as a fixed income portfolio manager, reporting to Ruta Ziverte, head of U.S.
  • Marks will be a portfolio manager on William Blairs Core and Low Duration fixed income strategies.
  • Vesta brings more than 19 years of experience in fixed income research, portfolio management, and trading, said Ziverte, head of U.S.
  • *
    William Blair Investment Management is a premier global investment management boutique, with a sole focus on active management across equity, fixed income, currency and multi-asset strategies.

Northern Trust Asset Management Launches Quality Low Volatility Low Carbon World Strategy

Retrieved on: 
Tuesday, July 13, 2021
Banking, Professional services, Environment, Finance, Finance, Money, Investment, Institutional investors, Investment management, Investment funds, Alternative investment management companies, State Street Global Advisors, Northern Trust Asset Management, Northern Trust, NORTHERN TRUST ASSET MANAGEMENT, NORTHERN TRUST

Northern Trust Asset Management (NTAM), one of the worlds leading investment managers, continues to expand its sustainable investment solutions with the launch of the Quality Low Volatility Low Carbon World (QLV Low Carbon) Strategy, an actively managed quantitative strategy focusing on high-quality, low-volatility stocks while maintaining lower carbon footprint relative to the MSCI World Index (benchmark).

Key Points: 
  • Northern Trust Asset Management (NTAM), one of the worlds leading investment managers, continues to expand its sustainable investment solutions with the launch of the Quality Low Volatility Low Carbon World (QLV Low Carbon) Strategy, an actively managed quantitative strategy focusing on high-quality, low-volatility stocks while maintaining lower carbon footprint relative to the MSCI World Index (benchmark).
  • The strategy complements NTAMs Quality Low Volatility World (QLV World) strategy, which launched in 2015, and is the latest in a series of climate aware strategies launched by NTAM with carbon reduction objectives.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

Artisan Partners Asset Management Inc. Reports June 2021 Assets Under Management

Retrieved on: 
Monday, July 12, 2021
Finance, Investment fund, Money, Investment, Institutional investors, Investment management, Alternative investment management companies, Investment outsourcing, Virtus Investment Partners

1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds.

Key Points: 
  • 1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds.
  • Separate account AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, and in our own private funds.
  • Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies to sophisticated clients around the world.
  • Artisan Partners' autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes.

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.30 Per Share

Retrieved on: 
Monday, July 12, 2021
Professional services, Finance, Taxation in Australia, Economy, Articles, Money, Income tax in Australia, Corporate tax, Income tax in the United States, Corporate finance, Legal entities, Taxation in Canada, Institutional investors, Income trust

First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.

Key Points: 
  • First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.
  • The distribution will be payable on July 30, 2021, to shareholders of record as of July 23, 2021.
  • The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.
  • The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS ARRY, PCT, UI, WISH INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Saturday, July 10, 2021
Finance, Money, Institutional investors, Investment, Financial markets, Hedge fund, Short

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS ATHA, DIDI, RKT, RLX INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Saturday, July 10, 2021
Finance, Money, Institutional investors, Investment, Financial markets, Hedge fund, Short

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

Highland Income Fund Files Definitive Proxy Statement for Proposal to Convert Fund to Diversified Holding Company

Retrieved on: 
Friday, July 9, 2021
Finance, Investment, Money, Investment funds, Highland Capital Management, Closed-end fund, Proxy statement, Highland Capital, Institutional investors, Mutual fund scandal

DALLAS, July 09, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (HFRO or the Fund), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the Adviser), today announced the filing of a definitive proxy statement with the Securities and Exchange Commission (the SEC) for a special meeting of shareholders (Special Meeting) in connection with its proposal to covert the Fund from a registered investment company to a diversified holding company (the Holding Company).

Key Points: 
  • DALLAS, July 09, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (HFRO or the Fund), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the Adviser), today announced the filing of a definitive proxy statement with the Securities and Exchange Commission (the SEC) for a special meeting of shareholders (Special Meeting) in connection with its proposal to covert the Fund from a registered investment company to a diversified holding company (the Holding Company).
  • A copy of the definitive proxy statement is available free of charge at www.hfroconversion.com or at the SEC website, www.sec.gov .
  • The Highland Income Fund (NYSE:HFRO) is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. For more information visit www.highlandfunds.com/income-fund/
    About Highland Capital Management Fund Advisors, L.P.
    Highland Capital Management Fund Advisors, L.P. is an SEC-registered investment adviser.
  • not continue to trade at a discount to NAV after converting to a diversified holding company.

Cornerstone Advisors Asset Management Appoints First Director of Philanthropic Services

Retrieved on: 
Thursday, July 8, 2021
Finance, Money, Financial adviser, Financial services, Investment management, Institutional investors

BETHLEHEM, Pa., July 8, 2021 /PRNewswire-PRWeb/ -- Cornerstone Advisors Asset Management, LLC, one of the nation's largest independently owned financial consulting firms specializing in the management of institutional assets, qualified and non-qualified retirement plans, private wealth, and planned giving has appointed Stephen Link as its first director of philanthropic services as of July 1.

Key Points: 
  • BETHLEHEM, Pa., July 8, 2021 /PRNewswire-PRWeb/ -- Cornerstone Advisors Asset Management, LLC, one of the nation's largest independently owned financial consulting firms specializing in the management of institutional assets, qualified and non-qualified retirement plans, private wealth, and planned giving has appointed Stephen Link as its first director of philanthropic services as of July 1.
  • Prior to joining Cornerstone, Link was a senior director of philanthropic services for Georgetown University and advised on their philanthropic mission for 15 years.
  • About Cornerstone Advisors Asset Management, LLC-
    Cornerstone Advisors Asset Management, LLC is an independent, 100 percent employee-owned SEC registered investment advisor consulting to more than $7 billion in assets.
  • SOURCE Cornerstone Advisors Asset Management, LLC

The Asset Management Industry Emerged Strong from the COVID-19 Pandemic, Crossing the $100 Trillion Threshold

Retrieved on: 
Thursday, July 8, 2021
Finance, Investment, Institutional investors, Hedge fund, PGIM

The report, titled Global Asset Management 2021: The $100 Trillion Machine , is being released today.

Key Points: 
  • The report, titled Global Asset Management 2021: The $100 Trillion Machine , is being released today.
  • According to the report, retail AuM portfolios grew by 11% in 2020, representing 41% of global assets at $42 trillion.
  • Institutional investments grew at a similar pace to reach $61 trillion, or 59% of the global market.
  • North America retained its position as the world's largest asset management region, with AuM increasing by 12% to reach $49 trillion.