Alternatives

DWS Announces Change in Creation Unit Size for Xtrackers MSCI Kokusai Equity ETF

Retrieved on:

Thursday, February 17, 2022

DWS today announced the impending change in the creation unit size for Xtrackers MSCI Kokusai Equity ETF (KOKU) (the ETF).

Key Points:

DWS today announced the impending change in the creation unit size for Xtrackers MSCI Kokusai Equity ETF (KOKU) (the ETF).
Effective February 24, 2022, the size of a creation unit for the ETF will change from 50,000 shares to 10,000 shares.
DWS Group (DWS) is one of the world's leading asset managers with USD 1.05 trillion of assets under management (as of 31 December 2021).
The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas, Inc. and RREEF America L.L.C.

PGIM Private Capital raises $2.4 billion for Direct Lending fund, PGIM Senior Loan Opportunities I, L.P.

Retrieved on:

Wednesday, February 16, 2022

“The closing of PSLO I validates our unique investment proposition in the Direct Lending asset class, leveraging our world-class origination approach to create portfolio diversification among both non-sponsored and sponsored issuers in the middle market.” -- Jeffrey Dickson, Executive Managing Director and Head of Alternatives, PGIM Private Capital

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PGIM Private Capital has completed fundraising for PGIM Senior Loan Opportunities I, L.P. (PSLO I), with available capital commitments exceeding $2.4 billion.
PSLO I marks PGIM Private Capitals inaugural Direct Lending fund subscribed by unaffiliated investors, following over two decades of successful capital deployment in comparable direct lending strategies for affiliated investors.
PGIM Private Capital is a leading source of private credit for public and private companies and is the private capital arm of PGIM , the $1.5 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ).
The closing of our first Direct Lending fund is a testament to our disciplined credit judgment and cycle-tested track record, added Matthew Harvey, executive managing director and head of Direct Lending, PGIM Private Capital.

Xtrackers by DWS Launches ETF Providing Dynamic Risk-controlled Exposure to High Yield Corporate Bonds

Retrieved on:

Thursday, February 10, 2022

Xtrackers by DWS has launched an ETF providing dynamic risk-controlled exposure to US dollar high-yield corporate bonds.

Key Points:

Xtrackers by DWS has launched an ETF providing dynamic risk-controlled exposure to US dollar high-yield corporate bonds.
Xtrackers Risk Managed USD High Yield Strategy ETF (NYSE: HYRM) tracks the Adaptive Wealth Strategies Risk Managed High Yield Index, which uses a daily algorithm to dynamically adjust exposure between bonds and cash equivalent investments.
The ETF has a gross/net expense ratio of 0.45%/0.30% and is designed to utilize investments in other Xtrackers ETFs in order to gain exposure to USD high yield bonds, in particular Xtrackers USD High Yield Corporate Bond ETF (NYSE: HYLB).
Xtrackers Risk Managed USD High Yield Strategy ETF (NYSE: HYRM) tracks the Adaptive Wealth Strategies Risk Managed High Yield Index.

Kuvare Insurance Services Launches Third-Party Asset Management Business

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Monday, February 7, 2022

Kuvare Insurance Services (KIS), a boutique asset manager that oversees approximately $19 billion in assets for various insurance operating companies owned by or affiliated with Kuvare US Holdings (Kuvare), today announced the launch of its third-party asset management business.

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Kuvare Insurance Services (KIS), a boutique asset manager that oversees approximately $19 billion in assets for various insurance operating companies owned by or affiliated with Kuvare US Holdings (Kuvare), today announced the launch of its third-party asset management business.
Morales, who has 17 years of industry experience, joins from Goldman Sachs where she was a Managing Director, Senior Relationship Manager in the firms insurance asset management business.
Kuvare is a technology-enabled financial services platform that provides insurance, reinsurance, and asset management solutions.
The family of Kuvare companies includes Lincoln Benefit Life Company, Guaranty Income Life Insurance Company, United Life Insurance Company, Kuvare Life Re, and KIS.

AGF Management Limited Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Retrieved on:

Wednesday, January 26, 2022

Mutual fund gross sales of $914 million for the fourth quarter of 2021, an improvement of 35% year-over-year

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Mutual fund gross sales of $914 million for the fourth quarter of 2021, an improvement of 35% year-over-year
AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the fourth quarter and fiscal year ended November 30, 2021.
AGF reported total assets under management and fee-earning assets1 of$42.6 billioncompared to$43.4 billionas at August 31, 2021 and $38.3 billion as at November 30, 2020.
AGFs mutual fund gross sales were $914 million for the quarter compared to $679 million in the comparative period, a 35% improvement year over year.
The continued trend of net sales, combined with improved financial results, resulted in higher variable selling, general and administrative costs in the three and twelve months ended November 30, 2021.

Longeveron to Participate in Phacilitate Advanced Therapies Week

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Tuesday, January 25, 2022

MIAMI, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"),a clinical stage biotechnology company developing cellular therapies for chronic, aging-related and life-threatening conditions, announced today that management will be speaking and participating in several panel and presentation sessions during Phacilitates Advanced Therapies Week from January 25-28, 2022 in Miami Beach, FL.

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MIAMI, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) ("Longeveron" or "Company"),a clinical stage biotechnology company developing cellular therapies for chronic, aging-related and life-threatening conditions, announced today that management will be speaking and participating in several panel and presentation sessions during Phacilitates Advanced Therapies Week from January 25-28, 2022 in Miami Beach, FL.
Longeveron is a clinical stage biotechnology company developing cellular therapies for specific aging-related and life-threatening conditions.
Longeveron believes that by using the same cells that promote tissue repair, organ maintenance, and immune system function, it can develop safe and effective therapies for some of the most difficult disorders associated with the aging process and other medical disorders.
Longeveron is currently sponsoring Phase 1 and 2 clinical trials in the following indications: Aging Frailty, Alzheimers disease, the Metabolic Syndrome, Acute Respiratory Distress Syndrome (ARDS), and hypoplastic left heart syndrome (HLHS).

J.P. Morgan Releases 2022 Alternatives Outlook Urging Investors to Embrace Megatrends to Overcome Challenging Public Markets

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Thursday, January 13, 2022

"While investors are clearly challenged by both stretched valuations in traditional markets and persistently low bond yields, we see ample opportunities for those investors willing to embrace megatrends across alternatives in areas such as ESG and technology."

Key Points:

"While investors are clearly challenged by both stretched valuations in traditional markets and persistently low bond yields, we see ample opportunities for those investors willing to embrace megatrends across alternatives in areas such as ESG and technology."
The 2022Global Alternatives Outlook also provides a framework for investing in hybrid-like alternatives alternatives sectors and styles that exhibit equity-like and fixed-income-like characteristics to deliver both stable income and alpha.
Inflation both a headwind and a trading opportunity While inflation poses a challenge for investors, hedge fund managers could thrive.
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management.

Invesco Adds Three Defined Maturity Bond ETFs to its BulletShares Suite

Retrieved on:

Wednesday, December 1, 2021

The new BulletShares ETFs expand the stated year of maturity of the firm's BulletShares High Yield Corporate Bond, BulletShares Corporate Bond and BulletShares Municipal Bond portfolios:

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The new BulletShares ETFs expand the stated year of maturity of the firm's BulletShares High Yield Corporate Bond, BulletShares Corporate Bond and BulletShares Municipal Bond portfolios:
Invesco BulletShares 2031 Corporate Bond ETF (Ticker: BSCV)
Invesco BulletShares 2029 High Yield Corporate Bond ETF (Ticker: BSJT)
Invesco BulletShares 2031 Municipal Bond ETF (Ticker: BSMV)
"The appeal of the unique structure of the BulletShares suite has not abated in the decade plus since it first launched, and we are pleased that we can continue to evolve and update the produce line for existing and future shareholders," explained Anna Paglia, Global Head, ETFs & Indexed Strategies at Invesco.
With the inclusion of the three newly launched BulletShares ETFs, the full suite of funds will now have defined years of maturity ranging from 2022 to 2031.
The new ETFs will track the Nasdaq BulletShares USD High Yield Corporate Bond 2029 Index, the Nasdaq BulletShares USD Corporate Bond 2031 Index andthe Invesco BulletShares USD Municipal Bond 2031 Indexand will rebalance monthly.
Nasdaq BulletShares USD Corporate Bond Indexes, Nasdaq BulletShares USD High Yield Corporate Bond Indexes, and Invesco BulletShares Municipal Bond Indexes are trademarks of Invesco Indexing LLC (index provider) and have been licensed for use by Invesco Capital Management LLC (investment adviser).

Northeast Alternatives Dominates Fall Competition Scene

Retrieved on:

Thursday, November 4, 2021

Northeast Alternatives (NEA) proudly added 12 new awards to its growing trophy case at the New England Cannabis Convention (NECANN) and the Commonwealth Cannabis Competition (COMCANCOMP), and the first-ever Massachusetts High Times Cannabis Cup: Peoples Choice Edition this fall.

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Northeast Alternatives (NEA) proudly added 12 new awards to its growing trophy case at the New England Cannabis Convention (NECANN) and the Commonwealth Cannabis Competition (COMCANCOMP), and the first-ever Massachusetts High Times Cannabis Cup: Peoples Choice Edition this fall.
Earlier this month, NEA dominated the competition at COMCANCOMP on October 2.
Our extracts team continues to dominate the competition scene, with the specially-crafted Lemonade Mandaruntz Batter and Green Tangerine Crack Cookies Batter claiming two out of three spots at COMCANCOMP.
Northeast Alternatives (NEA) is a vertically integrated cannabis dispensary serving adult-use and medical customers since 2018.

APG, GIP And AustralianSuper Have Agreed To Acquire A 37.4% Stake In Peel Ports Group From DWS

Retrieved on:

Monday, November 1, 2021

LIVERPOOL, United Kingdom, Nov. 1, 2021 /PRNewswire/ -- APG, Global infrastructure Partners ("GIP") and AustralianSuper have agreed to acquire a 37.4% holding in Peel Ports Group from DWS.

Key Points:

LIVERPOOL, United Kingdom, Nov. 1, 2021 /PRNewswire/ -- APG, Global infrastructure Partners ("GIP") and AustralianSuper have agreed to acquire a 37.4% holding in Peel Ports Group from DWS.
APG has been involved in Peel Ports since 2006 and we are pleased to convert our existing exposure into a larger direct investment.
Peel Ports has a strong track record of growth, leadership and developing strong relationships with its customers and partners across the world.
Michael McGhee, GIP Partner, said: "GIP has deep experience and a strong track record of investing in and driving value from landlord ports.