Asset management

Midwest Holding Inc. Expands Board of Directors to Nine Members with Two New Nominations

Thursday, May 13, 2021 - 9:46pm

From 2015 to 2017, Ms. Callahan served as Chief of Staff to an SAP Board Member for the SAP Business Networks and Applications Group.

Key Points: 
  • From 2015 to 2017, Ms. Callahan served as Chief of Staff to an SAP Board Member for the SAP Business Networks and Applications Group.
  • Additionally, she has completed the Women Board Directors Development Program with the Foster School of Business at the University of Washington.\nDiane Davis.
  • Additionally, Ms. Davis is currently serving, since 2014, as Board Member of the Habitat for Humanity for Seattle-King County.
  • Midwest originates, manages and transfers these annuities through reinsurance arrangements to asset managers and other third-party investors, who are actively seeking these financially attractive products.

Asset Panda Named FrontRunner for Top IT Management Software

Thursday, May 13, 2021 - 7:20pm

b'FRISCO, Texas, May 13, 2021 /PRNewswire-PRWeb/ -- Asset Panda announced today it was named a FrontRunner for Top IT Management Software by Software Advice.

Key Points: 
  • b'FRISCO, Texas, May 13, 2021 /PRNewswire-PRWeb/ -- Asset Panda announced today it was named a FrontRunner for Top IT Management Software by Software Advice.
  • FrontRunners is designed to help small businesses evaluate which software products may be right for them.
  • This is Asset Panda\'s second FrontRunners nod and sixth Gartner badge in 2021.\n"When companies optimize their technology resources and simplify the complex data associated with them, it streamlines the traditionally daunting task of IT asset management," explained Rex Kurzius, CEO of Asset Panda.
  • "\nFrontRunners is published on Software Advice , a Gartner company that helps businesses navigate the software selection process.

KPG Funds Hires Noah Kaufman to Help Acquire Over $1 Billion of NYC Office and Retail Real Estate

Thursday, May 13, 2021 - 1:38pm

He brings more than 20 years of acquisitions and asset management experience to the growing real estate firm.\nIn his new role, Kaufman will manage KPG\'s acquisition and asset management functions.

Key Points: 
  • He brings more than 20 years of acquisitions and asset management experience to the growing real estate firm.\nIn his new role, Kaufman will manage KPG\'s acquisition and asset management functions.
  • The new hire and position by the office focused real estate firmwhich specializes in value-add acquisitions and developmentwas made to bulk up KPG\'s acquisition and asset management team.\nFormerly a senior executive at several real estate firms, including The Zar Group and CLK properties, Kaufman is part of a KPG initiative to bulk-up its investment and asset management team.
  • His background is a perfect fit to deliver the best-in-class sourcing and asset management experience that our investors have been accustomed to receiving.
  • In a short time, he has already been a valued and trusted partner.

Western Asset Middle Market Income Fund Inc. (XWMFX) Announces Tender Offer

Thursday, May 13, 2021 - 1:00pm

The tender offer will be conducted at a price equal to the Fund\xe2\x80\x99s net asset value per share of common stock on the day on which the tender offer expires.

Key Points: 
  • The tender offer will be conducted at a price equal to the Fund\xe2\x80\x99s net asset value per share of common stock on the day on which the tender offer expires.
  • The tender offer will be made only by an Offer to Purchase, a related Letter of Transmittal, and related documents.
  • As soon as the tender offer commences, the Fund will file a tender offer statement on Schedule TO with the SEC, which will include an Offer to Purchase and related Letter of Transmittal.
  • Legg Mason Partners Fund Advisor, LLC, the Fund\xe2\x80\x99s manager, is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (\xe2\x80\x9cFranklin Resources\xe2\x80\x9d) and the Fund\xe2\x80\x99s subadvisers, Western Asset Management Company, LLC, Western Asset Management Company Limited, Western Asset Management Company Ltd and Western Asset Management Company Pte.

Asset Managers Remain in Early Stages of Adopting Disruptive Technologies, Accenture Report Finds

Thursday, May 13, 2021 - 11:59am

\xe2\x80\x9cAsset managers need to reimagine their operations; embrace cloud, AI, and data analytics to reduce costs; and, more importantly, create greater agility across their operating model and platform architecture.

Key Points: 
  • \xe2\x80\x9cAsset managers need to reimagine their operations; embrace cloud, AI, and data analytics to reduce costs; and, more importantly, create greater agility across their operating model and platform architecture.
  • As product shelves across the industry get smaller, asset managers can\xe2\x80\x99t assume that their brand or legacy reputation will carry enough weight in the battle for shelf space.
  • Accenture surveyed 250 senior executives at asset managers \xe2\x80\x94 including institutional, retail, alternative and hedge funds \xe2\x80\x94 in North America.
  • The survey featured 17 of the 25 largest asset managers globally.

O’Shaughnessy Asset Management Introduces New Defensive and Dividend Growth-Oriented Models on Custom Indexing Platform Canvas®

Wednesday, May 12, 2021 - 1:27pm

b'O\xe2\x80\x99Shaughnessy Asset Management, LLC (OSAM), a leading quantitative asset management firm, today announced the introduction of a set of new defensive and dividend growth-oriented models on Custom Indexing platform Canvas\xc2\xa9.

Key Points: 
  • b'O\xe2\x80\x99Shaughnessy Asset Management, LLC (OSAM), a leading quantitative asset management firm, today announced the introduction of a set of new defensive and dividend growth-oriented models on Custom Indexing platform Canvas\xc2\xa9.
  • The expansion into new territory reflects a need for advisors to accommodate clients with greatly differing goals all through one platform.
  • Offering solutions via the software-based platform creates a seamless and scalable environment for advisors to create and manage Custom Indexes.
  • Like any other factor or passive exposure, the defensive and dividend growth models can be expressed across market caps and geographies.

Arcesium Enhances Sales Team With Strategic Senior Hires

Tuesday, May 11, 2021 - 3:00pm

b'NEW YORK, May 11, 2021 /PRNewswire/ --Arcesium, a global financial technology and professional services firm, today announced the appointment of several new professionals to its growing sales team focused on its institutional and alternative asset management segments.\nBrian Dalia joins Arcesium as Senior Vice President to spearhead the sales efforts for its Institutional Asset Management (IAM) practice.

Key Points: 
  • b'NEW YORK, May 11, 2021 /PRNewswire/ --Arcesium, a global financial technology and professional services firm, today announced the appointment of several new professionals to its growing sales team focused on its institutional and alternative asset management segments.\nBrian Dalia joins Arcesium as Senior Vice President to spearhead the sales efforts for its Institutional Asset Management (IAM) practice.
  • Matt Weisman has also joined as Vice President on the IAM sales team after 10 years at Broadridge, and will work closely with Mr. Dalia on engaging and serving the IAM industry.\nMr.
  • Arcesium\'s staff includes over 1,250 software development, accounting, operations, and treasury professionals worldwide.\nSeparately, Arcesium hired Keith Raftery earlier this year as a Senior Vice President of Sales to focus on the alternative asset management space.
  • He also spent six years at ENSO Financial Analytics, where he was the Head of Sales for the Americas.\n"We are pleased to welcome Brian, Keith, and Matt to Arcesium.

Purpose Announces Correction to Options Trading Date for Purpose Ether ETF

Monday, May 10, 2021 - 10:01pm

b'TORONTO, May 10, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (\xe2\x80\x9cPurpose\xe2\x80\x9d) would like to issue a correction regarding its earlier press release from today.

Key Points: 
  • b'TORONTO, May 10, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (\xe2\x80\x9cPurpose\xe2\x80\x9d) would like to issue a correction regarding its earlier press release from today.
  • Options will be listed for the Purpose Ether ETF on Wednesday, May 12, 2021, on the Montr\xc3\xa9al Exchange.
  • The prior release incorrectly stated it would begin issuing options today.\nPurpose is an asset management company with more than $11 billion in assets under management.
  • Purpose has an unrelenting focus on client-centric innovation, offering a range of managed and quantitative investment products.

IAITAM: Key U.S. Pipeline “Ransomware” Attack Reflects Weak Infrastructure IT Asset Management, More Hacks Expected

Monday, May 10, 2021 - 7:10pm

Old and new infrastructure projects tend to be big and, as with a pipeline, may cover a huge amount of the country.

Key Points: 
  • Old and new infrastructure projects tend to be big and, as with a pipeline, may cover a huge amount of the country.
  • When most people think about \xe2\x80\x98security\xe2\x80\x99 in such cases, they tend to think about the physical, low-tech side of things.
  • They don\xe2\x80\x99t need much more than a central computer system that is running software that has not been properly patched or otherwise updated.
  • IAITAM certifications are the only IT Asset Management certifications that are recognized worldwide.

IT Asset Disposition Market with COVID-19 impact Analysis By Service Type, Asset Type, Organization Size, End-user and Region - Global Forecast to 2026 - ResearchAndMarkets.com

Monday, May 10, 2021 - 4:37pm

The IT asset disposition service providers use advanced software/solutions for the complete sanitization of any device with data to ensure the complete destruction of data.

Key Points: 
  • The IT asset disposition service providers use advanced software/solutions for the complete sanitization of any device with data to ensure the complete destruction of data.
  • The surge in data breaches has forced data center providers to dispose of data and equipment before decommissioning them.
  • Companies are increasingly adopting IT asset disposition to deal with retired IT assets.
  • Increasing awareness about environmental safety and regulatory compliances for asset disposition drive the growth of the IT asset disposition market in Asia Pacific.\nSignificant Impact of COVID-19 on Technology Sector, Affecting Supply of Raw Material and Disrupting Value Chain\n'