Institutional investors

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

Retrieved on: 
Tuesday, June 22, 2021
Finance, Money, Institutional investors, Investment, Financial markets, Hedge fund, Short, 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 ARRY, CCXI, PCT, WISH INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, June 22, 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.

eVestment to Drive Transparency and Data Standardization of Diversity, Equity and Inclusion in Asset Management

Retrieved on: 
Tuesday, June 22, 2021
Finance, Money, Financial markets, Asset management, Management accounting, Valuation, Economy, Institutional investors, Investment

While the reporting is entirely voluntary, over 20% of the asset management firms on eVestment, representing 6,182 strategies, have responded to the DEI data collection program since January 2021.

Key Points: 
  • While the reporting is entirely voluntary, over 20% of the asset management firms on eVestment, representing 6,182 strategies, have responded to the DEI data collection program since January 2021.
  • eVestment is committed to working with asset managers and asset owners to improve the data collection and discovery framework, and empower investors with DEI statistics on both firm and strategy levels.
  • Institutional investors representing trillions of dollars in assets already leverage eVestment for data and analytics.
  • Key findings from current data collection initiative include:
    55.3% of key professionals at the firms reporting DEI data are white males.

Cowen Expands Global Capital Introduction Team, Providing Extended Solutions for Prime Brokerage and Outsourced Trading Clients

Retrieved on: 
Tuesday, June 22, 2021
Finance, Money, Institutional investors, Investment, Banking, Capital Introduction, Alternative investment management companies, Prime brokerage, Cowens, Hedge fund

NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Cowen (NASDAQ:COWN) (Cowen or the Company) has expanded its global capital introduction team with two new senior appointments as it continues extending the services and coverage it provides to its prime brokerage and outsourced trading clients.

Key Points: 
  • NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Cowen (NASDAQ:COWN) (Cowen or the Company) has expanded its global capital introduction team with two new senior appointments as it continues extending the services and coverage it provides to its prime brokerage and outsourced trading clients.
  • Cowens global capital introduction team now comprises eight capital introduction professionals, with additional hires planned over the next couple of years.
  • Brett Yarkon, Managing Director and Head of Capital Introduction at Cowen, said, Amy and Daniel both have extensive buy-side experience and are strong additions to our growing team.
  • Clients are typically emerging managers, with a team focus on family offices, hedge fund of funds, endowments and foundations, and other investors willing to provide early-stage capital.

Canoe Financial announces changes to sub-advisor and Low Load purchase option

Retrieved on: 
Monday, June 21, 2021
Institutional investors, Mutual funds

CALGARY, Alberta, June 21, 2021 (GLOBE NEWSWIRE) -- Canoe Financial LP (Canoe Financial) today announced sub-advisory changes for Canoe Canadian Small Mid Cap Portfolio Class and the global equity portion of Canoe Defensive Global Balanced Fund.

Key Points: 
  • CALGARY, Alberta, June 21, 2021 (GLOBE NEWSWIRE) -- Canoe Financial LP (Canoe Financial) today announced sub-advisory changes for Canoe Canadian Small Mid Cap Portfolio Class and the global equity portion of Canoe Defensive Global Balanced Fund.
  • Additionally, Canoe Financial announced its intention to discontinue the Low Load purchase option for new purchases.
  • Canoe Financial will remain as portfolio manager and will manage the investment portfolio of the fund.
  • Effective on or about June 1, 2022, Canoe Financial is closing the Low Load purchase option to new investments in Canoe mutual funds as a result of the decision of the Canadian Securities Administrators to ban deferred sales charges (DSC), including low load options, on mutual funds.

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

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

The Manager, PIMCO Canada, retains Pacific Investment Management Company, LLC (PIMCO), to provide investment management services to the Funds.

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.

First Trust Senior Floating Rate 2022 Target Term Fund Declares its Monthly Common Share Distribution of $0.0103 Per Share for July

Retrieved on: 
Monday, June 21, 2021
Professional services, Finance, Investment management, Institutional investors, Mutual funds

First Trust Senior Floating Rate 2022 Target Term Fund (the "Fund") (NYSE: FIV) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.0103 per share payable on July 15, 2021, to shareholders of record as of July 2, 2021.

Key Points: 
  • First Trust Senior Floating Rate 2022 Target Term Fund (the "Fund") (NYSE: FIV) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.0103 per share payable on July 15, 2021, to shareholders of record as of July 2, 2021.
  • "Managed Assets" means the total asset value of the Fund minus the sum of its liabilities, other than the principal amount of borrowings.
  • As a result, based on current market conditions and expectations, the Fund believes that it is unlikely to achieve its objective of returning $9.85 per Common Share upon its termination.
  • As a result of these actions, investors should anticipate periodic reductions in the Fund's distribution per share going forward.

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

Retrieved on: 
Monday, June 21, 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 Funds regularly scheduled monthly common share distribution in the amount of $0.08 per share payable on July 15, 2021, to shareholders of record as of July 2, 2021.

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 July 15, 2021, to shareholders of record as of July 2, 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.

Criptonite Asset Management and US-Based Wave Financial Announce Strategic Partnership

Retrieved on: 
Tuesday, June 22, 2021
Investment management, Finance, Asset management, Management accounting, Valuation, Assets under management, Financial services, Institutional investors, Ostrum Asset Management

GENEVA, June 22, 2021 /PRNewswire/ -- Criptonite AM , an innovative Swiss wealth management company, today announced its strategic partnership with Wave Financial (Wave), a SEC regulated digital asset investment manager founded in 2018 with over $500 million in assets under management.

Key Points: 
  • GENEVA, June 22, 2021 /PRNewswire/ -- Criptonite AM , an innovative Swiss wealth management company, today announced its strategic partnership with Wave Financial (Wave), a SEC regulated digital asset investment manager founded in 2018 with over $500 million in assets under management.
  • As one of the early entrants in the crypto asset management sector, we have accumulated a deep knowledge of the digital asset markets and opportunities.
  • Both Criptonite and Wave recognise the growing interest amongst traditional investors who want to participate in this new asset class".
  • Criptonite Asset Management SA (CRAM) is a Geneva, Switzerland based investment management company that manages and promotes investment products focused on digital assets.

Criptonite Asset Management and US-Based Wave Financial Announce Strategic Partnership

Retrieved on: 
Tuesday, June 22, 2021
Investment management, Finance, Asset management, Management accounting, Valuation, Assets under management, Financial services, Institutional investors, Ostrum Asset Management

GENEVA, June 22, 2021 /PRNewswire/ -- Criptonite AM , an innovative Swiss wealth management company, today announced its strategic partnership with Wave Financial (Wave), a SEC regulated digital asset investment manager founded in 2018 with over $500 million in assets under management.

Key Points: 
  • GENEVA, June 22, 2021 /PRNewswire/ -- Criptonite AM , an innovative Swiss wealth management company, today announced its strategic partnership with Wave Financial (Wave), a SEC regulated digital asset investment manager founded in 2018 with over $500 million in assets under management.
  • As one of the early entrants in the crypto asset management sector, we have accumulated a deep knowledge of the digital asset markets and opportunities.
  • Both Criptonite and Wave recognise the growing interest amongst traditional investors who want to participate in this new asset class".
  • Criptonite Asset Management SA (CRAM) is a Geneva, Switzerland based investment management company that manages and promotes investment products focused on digital assets.