Financial risk management

Eagle Asset Management Promotes Senior Executives for Active Small Cap and SMID Cap Core Institutional Strategies

Retrieved on: 
Wednesday, May 27, 2020
Economy, Investment management, Finance, Money, Asset management, Management accounting, Valuation, Portfolio manager, Financial risk management, Robert D. Arnott, Asset allocation

Jeffrey Reda, CFA, has been appointed Portfolio Manager on the Small Cap Core Strategy, effective May 1.

Key Points: 
  • Jeffrey Reda, CFA, has been appointed Portfolio Manager on the Small Cap Core Strategy, effective May 1.
  • Doug Fisher has been promoted to Portfolio Manager on the Small/Mid Cap Core Strategy, also effective May 1.
  • Eagle Asset Management is built on the cornerstones of intelligence, experience, and conviction, driven by research and active portfolio managers.
  • Together with our partner affiliates ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management (a division of Scout Investments) and Scout Investments we offer a range of investment strategies and asset classes through multiple vehicles.

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Western Asset High Income Fund II Inc. Shareholders Vote to Approve New Agreements Between the Fund and its Investment Manager and Subadvisers

Retrieved on: 
Tuesday, May 26, 2020
Professional services, Finance, Economy, Finance, Service companies, Institutional investors, Financial risk management, Investment management, Proxy firm, Glass Lewis, Institutional Shareholder Services, United States corporate law

Western Asset High Income Fund II Inc. (NYSE: HIX) (the Fund) today announced that Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis), two of the leading independent proxy advisory firms, recommend that shareholders vote to approve the new agreements between the Fund and its investment manager and subadvisers.

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (the Fund) today announced that Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis), two of the leading independent proxy advisory firms, recommend that shareholders vote to approve the new agreements between the Fund and its investment manager and subadvisers.
  • Glass Lewis report dated May 21, 2020
    We are pleased that ISS and Glass Lewis recognize that approval of the new agreements between the Fund and its investment manager and subadvisers is in the best interest of all shareholders, said Jane Trust, Chairman, President and Chief Executive Officer of Western Asset High Income Fund II Inc.
  • The Funds investment manager and subadvisers have enabled the Fund to outperform3 its peers4 and increase distributions to shareholders.
  • If shareholders do not approve these agreements, the Fund may be forced to liquidate.

Faircourt Asset Management Inc. Announces May Distributions

Retrieved on: 
Saturday, May 23, 2020
Investment management, Net asset value, Trust law, Financial risk management, Unit trust, Investment fund

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. and Faircourt Split Trust.

Key Points: 
  • Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. and Faircourt Split Trust.
  • This press release is not for distribution in the United States or over United States wire services.
  • For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com or please contact 1-800-831-0304.
  • If the Units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Units of the Trust and may receive less than the current net asset value when selling them.

Curran Investment Management Named Among Best Investment Managers

Retrieved on: 
Thursday, May 21, 2020
Economy, Finance, Money, Financial risk management, Investment management, Informa

ALBANY, N.Y., May 21, 2020 /PRNewswire/ -- Curran Investment Management(CIM) awarded and nationally recognized for its Core Growth Equity strategy's investment performance.

Key Points: 
  • ALBANY, N.Y., May 21, 2020 /PRNewswire/ -- Curran Investment Management(CIM) awarded and nationally recognized for its Core Growth Equity strategy's investment performance.
  • Core Growth Equity ranked #1 for its performance among Large Core strategies in both rising and falling markets, Bull & Bear Masters, a distinction by Informa Financial Intelligence's PSN manager database, North America's longest running database of investment managers.
  • It's challenging to outperform in both rising and falling markets while adhering to a low portfolio turnover investment philosophy"~ Kevin T. Curran, CFA, President, Curran Investment Management
    Top Guns rankings, recognize manager achievement and outperformance measured against their benchmarks.
  • CIM is a Registered Investment Advisor headquartered in Albany, NY, serving both individual and institutional clients.

SS&C Announces Common Stock Dividend of $0.125 Per Quarter

Retrieved on: 
Wednesday, May 20, 2020
Economy, Finance, Money, Dividends, Shareholders, SS&C Technologies, Financial risk management, Investment

WINDSOR, Conn., May 20, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced that, consistent with the quarterly dividend policy, its Board of Directors has approved a quarterly dividend payout of $0.125 per share.

Key Points: 
  • WINDSOR, Conn., May 20, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced that, consistent with the quarterly dividend policy, its Board of Directors has approved a quarterly dividend payout of $0.125 per share.
  • This is payable onJune 15, 2020,to stockholders of record as of the close of business onJune 1, 2020.
  • SS&C is a global provider of services and software for the financial services and healthcare industries.
  • Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Informa Investment Solutions Names Five Azzad Portfolios to 'Top Guns' Status

Retrieved on: 
Tuesday, May 19, 2020
Economy, Finance, Money, Financial risk management, Investment, Financial markets, Investment management, Portfolio, Asset management, Informa

Falls Church, Virginia, May 19, 2020 (GLOBE NEWSWIRE) -- Azzad Asset Management today announced that five of its investment portfolios have been recognized as "Top Guns" by Informa Investment Solutions, a leading financial data provider.

Key Points: 
  • Falls Church, Virginia, May 19, 2020 (GLOBE NEWSWIRE) -- Azzad Asset Management today announced that five of its investment portfolios have been recognized as "Top Guns" by Informa Investment Solutions, a leading financial data provider.
  • The Azzad strategies winning Top Guns status for the first quarter of 2020 include:
    Past performance does not guarantee future results.
  • PSN and Informa Investment Solutions have no affiliation with Azzad Asset Management, but rather evaluate investment managers performance on an objective basis.
  • Please consult with an investment professional before making any investment using content or implied content from any Investment Manager Top Guns.

Financial Institutions Intensify Focus on Climate Change Risk

Retrieved on: 
Tuesday, May 19, 2020
Finance, Consulting, Banking, Professional services, Insurance, Articles, Financial risk management, Risk, Actuarial science, Climate risk management, Economy, Draft:Financial Risk Manager, Enterprise risk management

Banks and other financial institutions are intensifying their focus on climate risk management according to a new global survey conducted by the Global Association of Risk Professionals (GARP).

Key Points: 
  • Banks and other financial institutions are intensifying their focus on climate risk management according to a new global survey conducted by the Global Association of Risk Professionals (GARP).
  • Firms are evolving their climate risk management capabilities as they are concerned about the long-term resilience of their business strategies to climate change.
  • This is probably because most firms view climate risk as a transverse risk that cuts across risk types such as credit, market and operational, as opposed to a principal risk, and so are managing climate risk within existing risk teams.
  • GARP offers role-based risk certification the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) as well as the Sustainability and Climate Risk (SCR) certificate and on-going educational opportunities through Continuing Professional Development.

DGAP-News: Masterflex Group: well equipped for the rest of 2020 based on a solid first quarter

Retrieved on: 
Wednesday, May 13, 2020
Economy, Finance, Money, Financial risk management, Mathematical finance, ebit, Margin at risk

The EBIT margin in the first quarter of 2020 was 10.0%, compared with 9.8% in the prior-year period.

Key Points: 
  • The EBIT margin in the first quarter of 2020 was 10.0%, compared with 9.8% in the prior-year period.
  • This corresponds to earnings per share for the three-month period 2020 of EUR 0.14 after EUR 0.13 in Q1/2019.
  • The Masterflex Group therefore expects the strongest impact on its own business development in the second and third quarters of 2020.
  • Under this premise, Masterflex expects a decline in revenue of between 10% and 15% for the year 2020.

Artisan Partners Asset Management Inc. Reports April 2020 Assets Under Management

Retrieved on: 
Monday, May 11, 2020
Finance, Economy, Money, Institutional investors, Alternative investment management companies, Financial risk management, Investment management, Virtus Investment Partners, Alberta Investment Management Corporation

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.
  • 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.
  • Source: Artisan Partners Asset Management Inc.

Naotsune Alliance Proposes a New Regional Investment Forum

Retrieved on: 
Monday, May 11, 2020
Economy, Management, Financial risk management, Investment management, Asset management

The forum-like event is called the Asia Investment Managers Seminar (AIMS) and will be held in the firm's Head Office in Osaka, Japan.

Key Points: 
  • The forum-like event is called the Asia Investment Managers Seminar (AIMS) and will be held in the firm's Head Office in Osaka, Japan.
  • Naotsune Alliance AIMS's official date and hours will be made public very soon, after all participants will confirm also the proposed schedule for the event.
  • Naotsune Alliance is a financial advisor for the world of business, a world in which community is key.
  • Naotsune Alliance also manages funds with external asset managers and funds managed by prominent asset managers located all over the world.