Investment fund

TCW Appoints Kathryn Koch as President and Chief Executive Officer

Retrieved on: 
Tuesday, September 6, 2022

The TCW Group, a global independent asset management firm, today announced the appointment of Kathryn (Katie) Koch as President and Chief Executive Officer.

Key Points: 
  • The TCW Group, a global independent asset management firm, today announced the appointment of Kathryn (Katie) Koch as President and Chief Executive Officer.
  • Koch, 42, joins TCW after 20 years with Goldman Sachs in the Asset Management Division (AMD), where she was a Partner and most recently served as Chief Investment Officer of the $300 billion Public Equity business and as a member of the AMD executive committee.
  • I am humbled and grateful for the opportunity to lead a company with the strong heritage and bright future of TCW, said Koch.
  • Koch will succeed current President and CEO David Lippman, who, as planned and previously reported, will retire from TCW at the end of 2022.

VanEck Announces Revised Net Asset Value Information for VanEck Africa Index ETF

Retrieved on: 
Thursday, August 11, 2022

The NAV adjustment is a result of an error in calculating the NAV for VanEck Africa Index ETF.

Key Points: 
  • The NAV adjustment is a result of an error in calculating the NAV for VanEck Africa Index ETF.
  • VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities.
  • We were one of the first U.S. asset managers to offer investors access to international markets.
  • As of July 31, 2022, VanEck managed approximately $70.8 billion in assets, including mutual funds, ETFs and institutional accounts.

Harvest Announces Filing of the Preliminary Prospectus for Five Harvest Enhanced Equity Income ETFs

Retrieved on: 
Tuesday, August 2, 2022

OAKVILLE, ON, Aug. 2, 2022 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Healthcare Leaders Enhanced Income ETF (HHLE), Harvest Brand Leaders Enhanced Income ETF (HBFE), Harvest Tech Achievers Enhanced Income ETF (HTAE), Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE) and Harvest Canadian Equity Enhanced Income Leaders ETF(HLFE) (collectively the "Harvest Enhanced Equity Income ETFs").

Key Points: 
  • OAKVILLE, ON, Aug. 2, 2022 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Healthcare Leaders Enhanced Income ETF (HHLE), Harvest Brand Leaders Enhanced Income ETF (HBFE), Harvest Tech Achievers Enhanced Income ETF (HTAE), Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE) and Harvest Canadian Equity Enhanced Income Leaders ETF(HLFE) (collectively the "Harvest Enhanced Equity Income ETFs").
  • The Harvest Enhanced Equity Income ETFs are designed to provide Canadian investors access to existing Harvest equity income exchange traded funds ("ETFs") to produce high monthly cash distributions and the opportunity for capital appreciation.
  • "We believe the new suite of Harvest Enhanced Equity Income ETFs offers an innovative approach to provide higher income by investing with modest leverage in existing Harvest Equity Income ETFs," said Michael Kovacs, President and CEO of Harvest.
  • Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of the Harvest Enhanced Equity Income ETFs and will be responsible for the administration of the Harvest Enhanced Equity Income ETFs.

Harvest Adds New Canadian ETF to Harvest Diversified Monthly Income ETF

Retrieved on: 
Tuesday, July 19, 2022

OAKVILLE, ON, July 19, 2022 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") is pleased to announce the addition of the Harvest Canadian Equity Income Leaders ETF (TSX: HLIF)to the Harvest Diversified Monthly Income ETF (TSX: HDIF).HDIF holds a portfolio of Harvest equity income ETFs which are combined with modest leverage to generate consistent monthly income at enhanced yields.

Key Points: 
  • OAKVILLE, ON, July 19, 2022 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") is pleased to announce the addition of the Harvest Canadian Equity Income Leaders ETF (TSX: HLIF)to the Harvest Diversified Monthly Income ETF (TSX: HDIF).HDIF holds a portfolio of Harvest equity income ETFs which are combined with modest leverage to generate consistent monthly income at enhanced yields.
  • HLIF is Harvest's first all-Canadian equity income ETF and was launched in June of 2022 to deliver cashflow for unitholders from a portfolio of leading Canadian companies.
  • "We are pleased to include HLIF as a constituent of the Harvest Diversified Monthly Income ETF," said Michael Kovacs, President & CEO of Harvest ETFs.
  • With the addition of HLIF, the Harvest Diversified Monthly Income ETF will hold 6 equity income ETFs in its portfolio.

The Global Fund for Coral Reefs Investment Fund Announces First Closing and Anchor Investment by Green Climate Fund to Increase the Resilience of Coral Reefs and Coastal Communities Threatened by Climate Change

Retrieved on: 
Thursday, July 14, 2022

The Global Fund for Coral Reefs is a blended finance initiative dedicated to catalyzing investment on behalf of critically threatened coral reefs and climate-vulnerable coastal communities.

Key Points: 
  • The Global Fund for Coral Reefs is a blended finance initiative dedicated to catalyzing investment on behalf of critically threatened coral reefs and climate-vulnerable coastal communities.
  • Craig Cogut, Founder & CEO, Pegasus Capital Advisors said, "We are thrilled and grateful for the commitment of the Green Climate Fund as an anchor investor and for Builder's Vision's contribution.
  • Yannick Glemarec, Executive Director, Green Climate Fund said, "As a junior equity investor in the Global Fund for Coral Reefs (GFCR), the Green Climate Fund (GCF) hopes the GFCR closing will catalyze additional private capital into the GFCR Investment Fund.
  • About the Global Fund for Coral Reefs,
    The Global Fund for Coral Reefs is a target $625 million blended finance initiative comprised of a $500 million target size Investment Fund and $125 million target size Grant Fund.

Pegasus Capital Advisors names Dale Galvin to lead the Global Fund for Coral Reefs Investment Fund

Retrieved on: 
Thursday, July 14, 2022

STAMFORD, Conn., July 14, 2022 /PRNewswire/ -- Pegasus Capital Advisors today announced the appointment of Dale Galvin, via his impact investment advisory firm Deliberate Capital, LLC, to lead the Investment Fund of the Global Fund for Coral Reefs ("GFCR").

Key Points: 
  • STAMFORD, Conn., July 14, 2022 /PRNewswire/ -- Pegasus Capital Advisors today announced the appointment of Dale Galvin, via his impact investment advisory firm Deliberate Capital, LLC, to lead the Investment Fund of the Global Fund for Coral Reefs ("GFCR").
  • Pegasus Capital Advisors, L.P. ("Pegasus"), a leading private equity impact fund manager, recently launched the Investment Fund of the GFCR with an anchor commitment from the Green Climate Fund.
  • About the Global Fund for Coral Reefs,
    The Global Fund for Coral Reefs is a target $625 million blended finance initiative comprised of a $500 million target size Investment Fund and $125 million target size Grant Fund.
  • The GFCR's Investment Fund is the first commercial-scale private equity impact investment fund targeting SDG14, life below water.

Stratio Announces a Global Framework Agreement with Keolis to Implement Predictive Maintenance and Remote Diagnostics 

Retrieved on: 
Tuesday, July 12, 2022

LISBON, Portugal and PARIS, July 12, 2022 (GLOBE NEWSWIRE) -- Stratio, the leading predictive fleet maintenance platform, and Keolis, a world leader in shared mobility, today announces the signing of a global framework agreement to enable predictive maintenance and provide remote diagnostic technologies to Keolis’ networks. As part of the agreement, Keolis’ Group, which operates in 14 countries, may use the Stratio Platform and benefit from Predictive Fleet Maintenance and Remote Diagnostics for buses and coaches."

Key Points: 
  • LISBON, Portugal and PARIS, July 12, 2022 (GLOBE NEWSWIRE) -- Stratio , the leading predictive fleet maintenance platform, and Keolis , a world leader in shared mobility, today announces the signing of a global framework agreement to enable predictive maintenance and provide remote diagnostic technologies to Keolis networks.
  • As part of the agreement, Keolis Group, which operates in 14 countries, may use the Stratio Platform and benefit from Predictive Fleet Maintenance and Remote Diagnostics for buses and coaches."
  • The Stratio solution, which is already deployed on several Keolis networks in France, allows maintenance staff to view and address vehicle failures.
  • Keolis commitment to innovating, automating, and digitizing their maintenance operations goes to show how much they value their own customers.

Saudi Arabia Elevator and Escalator Market Report 2022: Featuring Key Players Mitsubishi Electric, Hitachi, Hyundai Elevator - ResearchAndMarkets.com

Retrieved on: 
Friday, July 8, 2022

The "Saudi Arabia Elevator and Escalator - Market Size and Growth Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Elevator and Escalator - Market Size and Growth Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • According to KONE, the Elevator's speed equipped for this building is 10m/s with elevator rope technology which enables 660 meters rise of the Elevator.
  • Saudi Arabia is the most prominent market amongst all the countries in the Middle East region for Elevators & Escalators.
  • 22 maintenance companies were authorized for inspection in 2018; therefore, these practices would likely increase the maintenance service market in Saudi Arabia.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for June 2022

Retrieved on: 
Thursday, July 7, 2022

LAS VEGAS, July 07, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for June 2022.

Key Points: 
  • The Company produced 707 self-mined bitcoin during Q2 2022, an 8% increase from 654 bitcoin mined in Q2 2021.
  • As of June 8, 2022, Marathon was informed that energization would likely occur during the month of June 2022.
  • However, as production ramps in the near future, Marathon may sell a portion of its monthly bitcoin production as needed to fund monthly operating costs.
  • Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem.

Approaching its 40th Anniversary, Unit Trust Corporation (UTC) Expands to Jamaica

Retrieved on: 
Thursday, June 23, 2022

PORT OF SPAIN, Trinidad and Tobago, June 23, 2022 /PRNewswire-PRWeb/ -- As an indigenous investment management company celebrating its 40th anniversary this year, the Unit Trust Corporation (UTC) is proud to recently announce the signing of its Joint Venture Agreement with GK Capital Management Limited (GK Capital), a subsidiary of GraceKennedy (GK) Limited to offer additional investment options to Jamaican investors.

Key Points: 
  • The Jamaican market can be characterized by a vibrant money market, a dynamic stock exchange, and close affiliations with US financial markets via money transfers.
  • The Unit Trust Corporation is one of the largest financial solutions providers in the Caribbean, with over TT$25.5 Billion (US$3.75 Billion) in Funds Under Management.
  • With nearly every household in Trinidad and Tobago invested with the Unit Trust Corporation, it is an indigenous institution with a strong foundation, standing side by side with over 617,000 strong Unitholders.
  • The Unit Trust Corporation is committed to having a meaningful impact and contributing to the development of its country and the region in extension.