Morning Star

Easterly Income Opportunities Fund Reaches Five-Year Anniversary with Top Decile Performance

Retrieved on:

Thursday, November 9, 2023

Professional Services, Data Analytics, Other Professional Services, Finance, Asset Management, Consulting, Business development, ETF, Morning Star, Morningstar, Inc., Business, Fund, CFA, Security (finance), Easterly

Easterly Funds, the mutual fund platform of Easterly Asset Management which offers investors access to accomplished boutique investment managers and unique strategies, is pleased to announce that the Easterly Income Opportunities Fund (“the Fund”) (tickers: JSVIX, JASVX, JSVCX, JASSX), two-time recipient of the Lipper Fund Award1, recently marked its five-year anniversary with strong, risk-adjusted returns ranking it in the top decile among its peers2.

Key Points:

Easterly Funds, the mutual fund platform of Easterly Asset Management which offers investors access to accomplished boutique investment managers and unique strategies, is pleased to announce that the Easterly Income Opportunities Fund (“the Fund”) (tickers: JSVIX, JASVX, JSVCX, JASSX), two-time recipient of the Lipper Fund Award1, recently marked its five-year anniversary with strong, risk-adjusted returns ranking it in the top decile among its peers2.
Through an active value investing approach, the strategy is designed to take advantage of opportunities in the multisector bond market.
The experienced team of portfolio managers directing the Fund seek to provide a high level of risk-adjusted income and capital appreciation with low volatility and sensitivity to changes in credit spreads and interest rates.
The Fund is managed and sub-advised by Jay Menozzi, CFA, Chief Investment Officer & Portfolio Manager of Orange Investment Advisors an Affiliate of Easterly, and Portfolio Manager, Boris Peresechensky.

Progress on share buyback programme

Retrieved on:

Tuesday, November 7, 2023

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Key Points:

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks.

More Than 50 Top Brands Announce Exclusive Offers For Veterans Day with SheerID

Retrieved on:

Tuesday, November 7, 2023

“Brands that show they care about heroes, like active military service members, veterans, and their families, by rewarding them with personalized offers, build strong connections with these valuable consumers,” said Jake Weatherly, Chief Executive Officer of SheerID.

Key Points:

“Brands that show they care about heroes, like active military service members, veterans, and their families, by rewarding them with personalized offers, build strong connections with these valuable consumers,” said Jake Weatherly, Chief Executive Officer of SheerID.
“Recognizing individuals for the important work they do builds trust, which helps companies gain and keep loyal customers.”
Access Exclusive Veterans Day Offers!
Ashley Furniture - Veterans and active military members receive 10% off any purchase online or at participating stores through 11/13/2023.
Guitar Center - In appreciation and support of military veterans and active service member musicians, Guitar Center is offering an exclusive Veterans Day discount of 15% off a single item of $199 or more .

SKYVIEW 1 Launches Industry’s First Banking Indices, Empowering Advisors and Clients With Transparent Cash Management Solutions

Retrieved on:

Tuesday, November 7, 2023

SKYVIEW 1, Inc., a white-label digital banking platform and affiliate of SkyView Partners, today announced the launch of pioneering banking indices.

Key Points:

SKYVIEW 1, Inc., a white-label digital banking platform and affiliate of SkyView Partners, today announced the launch of pioneering banking indices.
Aimed at increasing transparency within the banking sector, they will help financial advisors and their clients to maximize investment opportunities by benchmarking their existing interest rate yield against comparable offerings.
The SKYVIEW U.S. National Average Checking Interest Index (BNKCHX) tracks the national average interest rate paid on domestic checking accounts.
Meanwhile, the SKYVIEW U.S. National Average Saving Interest Index (BNKSAV) provides insight into the average rate paid on domestic savings accounts.

Hektar REIT Achieves Historic Success: ESG Performance Rewarded with Dual Gold Accolades at The Edge Malaysia ESG Awards 2023

Retrieved on:

Tuesday, November 7, 2023

Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), is pleased to announce that Hektar REIT is the proud recipient of two Gold Awards at The Edge Malaysia ESG Awards 2023 under the Equity Awards category.

Key Points:

Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), is pleased to announce that Hektar REIT is the proud recipient of two Gold Awards at The Edge Malaysia ESG Awards 2023 under the Equity Awards category.
These awards were for the categories of Outstanding ESG and Dividend Return Award and Real Estate Investment Trust (REIT) Award.
The Edge Malaysia ESG Awards 2023, a prestigious accolade in the industry, is divided into two distinct categories: the Equity Awards and the Fund Awards.
Hektar REIT remains committed to integrating ESG into all aspects of the business, from financial management to operations and future planning.

Kaixin Auto Holdings Announces Unaudited First Half 2023 Financial Results

Retrieved on:

Friday, November 3, 2023

Acquisition, Marketing, Morning Star, Lithium, Video game, Pharmaceutical industry, Transformer, Kaixin001

BEIJING, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announced its unaudited financial results for the six months ended June 30, 2023.

Key Points:

BEIJING, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announced its unaudited financial results for the six months ended June 30, 2023.
Total net revenues were US$18.9 million, representing a decrease of 43% from US$33.3 million in the first half of 2022.
Adjusted loss from operations (non-GAAP)1 was US$2.8 million, compared to an adjusted loss from operations of US$2.9 million in the first half of 2022.
Adjusted net loss (non-GAAP)2 was US$3.3 million, compared to an adjusted net loss of US$3.8 million in the first half of 2022.

ING posts 3Q2023 net result of €1,982 million, driven by strong income in both Retail and Wholesale Banking

Retrieved on:

Thursday, November 2, 2023

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.

Key Points:

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.
The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

ING announces share buyback programme of up to €2.5 billion

Retrieved on:

Thursday, November 2, 2023

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.

Key Points:

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.
The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Görkem Köseoğlu to step down from ING Management Board Banking

Retrieved on:

Tuesday, October 31, 2023

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.

Key Points:

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.
The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
ING Bank’s more than 59,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Morningstar Investment Management & Envestnet Team Up to Deliver Personalized IRAs

Retrieved on:

Monday, November 6, 2023

NYSE, Individual, IRA, Generally Accepted Recordkeeping Principles, Morning Star, Envestnet, Matrix, IRAS, Morningstar, Inc., Comparison of 401(k) and IRA accounts, Investment, Financial adviser

CHICAGO and BERWYN, Pa., Nov. 6, 2023 /PRNewswire/ -- The retirement groups within Morningstar Investment Management LLC ("Morningstar Retirement"), a subsidiary of investing insights firm Morningstar, Inc. (Nasdaq: MORN), and Envestnet, a leading provider of integrated technology, intelligent data and wealth solutions, are planning to launch a managed accounts service for Individual Retirement Accounts (IRA) powered by IRALOGIX. This new offering will be custodied by Matrix, a subsidiary of Broadridge Inc (NYSE: BR) and will make it easy for individuals—regardless of account balance—to receive personalized investment advice on their IRAs. It combines Envestnet's fund selection and model portfolio-building capabilities with Morningstar Retirement's managed accounts methodology, investment engine, and digital delivery platform.

Key Points:

It combines Envestnet's fund selection and model portfolio-building capabilities with Morningstar Retirement's managed accounts methodology, investment engine, and digital delivery platform.
Morningstar Investment Management's platform blends those portfolios to design unique portfolios that are aligned with an account holder's specific profile and situation.
It then manages that portfolio for the account holder, adjusting the investment strategy as the person's situation and investment objectives evolve.
With the help of Envestnet Workplace Solutions and IRALOGIX, we aim to advance access to personalized investment advice and institutionally priced investment options in the IRA space.