Financial risk management

Financial Firms Building Climate Risk Management Programs, According to GARP Survey

Retrieved on: 
Thursday, June 20, 2019
Actuarial science, Articles, Economy, Financial risk management, Reputational risk, Risk management, Risk, Financial risk, Enterprise risk management

"Whereas they used to view climate change largely as a reputational risk, banks and other firms are now treating it as a financial risk and are formally integrating it into their risk management frameworks.

Key Points: 
  • "Whereas they used to view climate change largely as a reputational risk, banks and other firms are now treating it as a financial risk and are formally integrating it into their risk management frameworks.
  • However, the survey shows firms' uneven progress in developing core climate risk management capabilities such as governance, disclosures and scenario analysis.
  • GARP offers risk certification the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) and educational programs for professionals at financial institutions, government agencies, central banks, academia and corporations.
  • Through the GARP Benchmarking Initiative and GARP Risk Institute, GARP sponsors research in risk management and promotes collaboration among practitioners, academics and regulators to promote a culture of risk awareness.

Financial Firms Building Climate Risk Management Programs, According to GARP Survey

Retrieved on: 
Thursday, June 20, 2019
Actuarial science, Articles, Economy, Financial risk management, Reputational risk, Risk management, Risk, Financial risk, Enterprise risk management

"Whereas they used to view climate change largely as a reputational risk, banks and other firms are now treating it as a financial risk and are formally integrating it into their risk management frameworks.

Key Points: 
  • "Whereas they used to view climate change largely as a reputational risk, banks and other firms are now treating it as a financial risk and are formally integrating it into their risk management frameworks.
  • However, the survey shows firms' uneven progress in developing core climate risk management capabilities such as governance, disclosures and scenario analysis.
  • GARP offers risk certification the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) and educational programs for professionals at financial institutions, government agencies, central banks, academia and corporations.
  • Through the GARP Benchmarking Initiative and GARP Risk Institute, GARP sponsors research in risk management and promotes collaboration among practitioners, academics and regulators to promote a culture of risk awareness.

Trian Investors 1 Limited: Statement Regarding Investment in Ferguson plc

Retrieved on: 
Thursday, June 13, 2019
Energy, Utilities, Professional services, Finance, Economy, Finance, Money, Financial risk management, Financial economics, Investment management, Valuation

Trian believes that Ferguson is an attractive business that trades at a discount to comparable U.S. peers.

Key Points: 
  • Trian believes that Ferguson is an attractive business that trades at a discount to comparable U.S. peers.
  • Trian has advised the Company that it may increase or decrease its investment in Ferguson from time to time in the future based on various factors, including market conditions and Trians evaluation of the investment prospects of Ferguson.
  • Its investment manager is Trian Investors Management, LLC, whose parent is Trian Fund Management, L.P.
  • The forward-looking statements contained in this announcement include statements relating to the creation of long-term shareholder value in Ferguson and Trians decision to increase or decrease the Companys investment in Ferguson.

Ivy NextShares Announces Distributions

Retrieved on: 
Wednesday, June 12, 2019
Professional services, Banking, Finance, Finance, Economy, Money, Institutional investors, Investment management, Financial risk management, Mutual fund, Virtus Investment Partners

Ivy NextShares funds are managed by Ivy Investment Management Company and are distributed by ALPS Distributors, Inc.

Key Points: 
  • Ivy NextShares funds are managed by Ivy Investment Management Company and are distributed by ALPS Distributors, Inc.
    ALPS Distributors, Inc., NextShares Solutions LLC, and Ivy Investment Management Company or Ivy Distributors, Inc. (or their affiliates), are all unaffiliated companies.
  • This or future distributions may also be paid from net realized gains from portfolio investments, unrealized gains, or in certain cases, a return of principal (non-taxable distributions).
  • IVY INVESTMENTS refers to the investment management and investment advisory services offered by Ivy Investment Management Company, the financial services offered by Ivy Distributors, Inc., a FINRA member broker dealer and the distributor of IVY FUNDS mutual funds and IVY VARIABLE INSURANCE PORTFOLIOS, and the financial services offered by their affiliates.
  • Before investing, investors should consider carefully the investment objectives, risks, charges and expenses of an Ivy NextShares exchange-traded managed fund.

UMB Fund Services and FUSE Research Network Release Third Annual Comprehensive Report on Unlisted Closed-End Funds

Retrieved on: 
Tuesday, June 4, 2019
Professional services, Banking, Consulting, Finance, Finance, Economy, Money, Investment management, Investment, Funds, Financial risk management, Closed-end fund, Fund administration, Fund accounting, European Association of Sugar Manufacturers

UMB Fund Services (UMB) released its third annual comprehensive report on unlisted closed-end funds (CEFs), including interval and tender-offer funds today.

Key Points: 
  • UMB Fund Services (UMB) released its third annual comprehensive report on unlisted closed-end funds (CEFs), including interval and tender-offer funds today.
  • Our research partnership with FUSE continues to be beneficial in informing investment managers and financial advisors, serving as the most comprehensive annual report on CEFs.
  • Since 2014, interval funds have grown at an annual rate of 42.9% to end 2018 with $27.2 billion in assets.
  • UMB Fund Services, headquartered in Milwaukee, Wisconsin, offers a complete line of products and services to the fund industry, including fund administration, fund accounting, tax, investor services and transfer agency, distribution* and custody*.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DDF

Retrieved on: 
Friday, May 31, 2019
Professional services, Finance, Economy, Finance, Money, Investment management, Investment, Funds, Financial risk management, Financial adviser, Registered Investment Adviser, Hedge fund

While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.

Key Points: 
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Funds primary investment objective is to seek high current income; capital appreciation is a secondary objective.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX

Retrieved on: 
Friday, May 31, 2019
Professional services, Finance, Economy, Finance, Money, Investment management, Funds, Investment, Financial risk management, Financial adviser, Registered Investment Adviser, Hedge fund, Fund administration

While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.

Key Points: 
  • While the NAV performance may be indicative of the Funds investment performance, it does not measure the value of a shareholders investment in the Fund.
  • The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation.
  • Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor.
  • MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

Chartwell Investment Partners Expands Value Equity Team with Hiring of Research Analysts Jared Marks, CFA® and Thomas Mattsson, CFA®

Retrieved on: 
Thursday, May 16, 2019
Professional services, Accounting, Banking, Consulting, Finance, Economy, Finance, Money, Financial risk management, Investment management

Chartwell Investment Partners has expanded the investment team managing its Mid Cap Value, Small Cap Value and SMid Value equity strategies with the hiring of Jared Marks, CFA and Thomas Mattsson, CFA as Research Analysts.

Key Points: 
  • Chartwell Investment Partners has expanded the investment team managing its Mid Cap Value, Small Cap Value and SMid Value equity strategies with the hiring of Jared Marks, CFA and Thomas Mattsson, CFA as Research Analysts.
  • Adding Jared and Thomas to our value team will help us build on our long-term achievements, said Managing Partner and Senior Portfolio Manager David C. Dalrymple, CFA, who manages Chartwells value equity team.
  • Prior to joining Chartwell Investment Partners, Mr. Marks was an Investment Manager for North American Equities at Aberdeen Standard Investments.
  • Total assets managed by the value equity team were in excess of $2.1 billion as of March 31, 2019.

The Acquirers Fund (ZIG) Begins Trading on the NYSE

Retrieved on: 
Wednesday, May 15, 2019
Professional services, Banking, Finance, Financial risk management, Tracking error

We begin our investment process with the acquirers multiple, the measure financial acquirers such as activists and buyout firms use to find potential targets, he continued.

Key Points: 
  • We begin our investment process with the acquirers multiple, the measure financial acquirers such as activists and buyout firms use to find potential targets, he continued.
  • The Fund invests in securities included in, or representative of securities included in, the Acquirers Index, regardless of their investment merits.
  • Because the Fund employs a representative sampling the Fund may experience tracking error to a greater extent than a fund that seeks to replicate an index.
  • The Acquirers Fund is distributed by Quasar Distributors, LLC
    It is not possible to invest directly in an index.

Scout Investments Enhances Small Cap Equity Team with Senior Analyst

Retrieved on: 
Thursday, May 9, 2019
Economy, Finance, Money, Financial risk management, Investment management, Investment

ST. PETERSBURG, Fla., May 9, 2019 /PRNewswire/ -- Scout Investments, an investment management firm and affiliate of Carillon Tower Advisers, announced today that Timothy Burger, CFA, has joined Scout Investments as a senior analyst on the Small Cap team.

Key Points: 
  • ST. PETERSBURG, Fla., May 9, 2019 /PRNewswire/ -- Scout Investments, an investment management firm and affiliate of Carillon Tower Advisers, announced today that Timothy Burger, CFA, has joined Scout Investments as a senior analyst on the Small Cap team.
  • Based in Scout's Kansas City headquarters, Mr. Burger joins the team led by James McBride, lead portfolio manager of the Scout Small Cap Equity Strategy, and will work with the team to conduct bottom-up fundamental analysis and valuation modeling to identify opportunities within the small-cap market.
  • "Tim is an important addition to the Small Cap team and brings almost two decades of investment analysis experience across a spectrum of sectors and asset classes," said Michael Edwards, President of Scout Investments.
  • Scout Investment's equity investment teams employ distinct investment philosophies and processes to pursue long-term capital appreciation objectives that are consistent with client goals.