Investment Company Institute

Ford Foundation Appoints George H. Walker to Board of Trustees

Retrieved on: 
Thursday, March 21, 2024
Ford Foundation, Ford, Trinity School, LISC, Goldman Sachs, Intelligence, Trustee, Partnership, Education, Trinity, Poverty, Big data, Investment Company Institute, Investment, Walker, Lehman Brothers, Workplace, Government, Local Initiatives Support Corporation, Security (finance)

NEW YORK, March 21, 2024 /PRNewswire/ -- The Ford Foundation announced today the election of George H. Walker, chairman and chief executive officer of Neuberger Berman, to its Board of Trustees.

Key Points: 
  • NEW YORK, March 21, 2024 /PRNewswire/ -- The Ford Foundation announced today the election of George H. Walker, chairman and chief executive officer of Neuberger Berman, to its Board of Trustees.
  • Walker additionally served on the Board of Trustees of the Local Initiatives Support Corporation (LISC), a nonprofit community development financial institution created with seed funding from the Ford Foundation in 1979.
  • Francisco G. Cigarroa, Ford Foundation Board of Trustees chair, said, "It is an honor to welcome George H. Walker to the Ford Foundation Board of Trustees.
  • Ford Foundation trustees are elected to the full board and serve six-year terms.

ICD Announces 37% Year-Over-Year Growth in 2023

Retrieved on: 
Wednesday, February 7, 2024
Investment, Bias, Investment Company Institute, ICD, MMF, ICI

GOLDEN, Colo., Feb. 7, 2024 /PRNewswire/ -- ICD, provider of institutional investment technology, closed the year ending December 31, 2023 with money market fund (MMF) assets on ICD Portal eclipsing $250 billion.

Key Points: 
  • GOLDEN, Colo., Feb. 7, 2024 /PRNewswire/ -- ICD, provider of institutional investment technology, closed the year ending December 31, 2023 with money market fund (MMF) assets on ICD Portal eclipsing $250 billion.
  • "ICD's spectacular growth and benchmark outperformance demonstrates the desire of corporate treasury professionals and other institutional investors to access short-term markets without bias through an independent portal," says ICD Chief Executive Officer Tory Hazard.
  • "Both new and existing ICD clients find our high-touch service, broad selection of investment products and intuitive technology, second to none," Hazard says.
  • ICD's community of over 500 invested clients increased 17% in 2023 versus 2022, while ICD maintained a 99% client retention rate.

Invesco Advisers, Inc. Announces Appointment of New Trustees for Closed-End Funds

Retrieved on: 
Thursday, January 18, 2024
Woman, VCV, General counsel, VBF, Principal, University, Economics, VVR, VTN, Insurance, JD, Communication, TIAA, VLT, OIA, Zions Bancorporation, Senior, Financial services, Head, IIM, McKinsey & Company, VKI, VGM, VMO, KPMG LLP, KPMG, Bank, Investment Company Institute, Fulbright Program, Management

ATLANTA, Jan. 18, 2024 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that the Boards of Trustees (the "Boards") of Invesco Advantage Municipal Income Trust II (VKI), Invesco Bond Fund (VBF), Invesco California Value Municipal Income Trust (VCV), Invesco High Income 2024 Target Term Fund (IHTA), Invesco High Income Trust II (VLT), Invesco Municipal Income Opportunities Trust (OIA), Invesco Municipal Opportunity Trust (VMO), Invesco Municipal Trust (VKQ), Invesco Pennsylvania Value Municipal Income Trust (VPV), Invesco Quality Municipal Income Trust (IQI), Invesco Senior Income Trust (VVR), Invesco Trust for Investment Grade Municipals (VGM), Invesco Trust for Investment Grade New York Municipals (VTN) and Invesco Value Municipal Income Trust (IIM) (collectively, the "Funds") appointed Carol Deckbar, Jeffrey H. Kupor, James "Jim" Liddy and Douglas Sharp as trustees of the Funds, effective January 18, 2024.

Key Points: 
  • ATLANTA, Jan. 18, 2024 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that the Boards of Trustees (the "Boards") of Invesco Advantage Municipal Income Trust II (VKI), Invesco Bond Fund (VBF), Invesco California Value Municipal Income Trust (VCV), Invesco High Income 2024 Target Term Fund (IHTA), Invesco High Income Trust II (VLT), Invesco Municipal Income Opportunities Trust (OIA), Invesco Municipal Opportunity Trust (VMO), Invesco Municipal Trust (VKQ), Invesco Pennsylvania Value Municipal Income Trust (VPV), Invesco Quality Municipal Income Trust (IQI), Invesco Senior Income Trust (VVR), Invesco Trust for Investment Grade Municipals (VGM), Invesco Trust for Investment Grade New York Municipals (VTN) and Invesco Value Municipal Income Trust (IIM) (collectively, the "Funds") appointed Carol Deckbar, Jeffrey H. Kupor, James "Jim" Liddy and Douglas Sharp as trustees of the Funds, effective January 18, 2024.
  • Martin Flanagan, who had served as an interested trustee of the Funds, has retired from that role effective January 18, 2024.
  • Each trustee currently serves on the boards of trustees of the open-end and interval fund investment companies in the Invesco funds complex.
  • This communication is not intended to, and shall not, constitute an offer to purchase or sell shares of any of the Invesco funds, including the Funds.

The Executive Leadership Council to Honor Mellody Hobson, Co-CEO and President of Ariel Investments and Chair of Ariel Investment Trust, with 2023 ELC Achievement Award

Retrieved on: 
Tuesday, September 12, 2023
Narrative, JPMorgan Chase, Investment Company Institute, Bloomberg Philanthropies, The Coca-Cola Company, Partnership, Ariel Investments, Education, Investment, World Business Chicago, Gaylord National Resort & Convention Center, Lucas Museum of Narrative Art, Trust, Woman, LACMA, Human, Chairperson, Research, American Academy, Ghana UK-Based Achievement Awards, Strategic planning, Sale, After School Matters, DreamWorks Animation, Organization, Los Angeles County Museum of Art, World Economic Forum, ELC, Time (magazine), Science, Growth, TIME, Animation, Convention center, National academy, National Harbor, Maryland, Management, Black, Trustee, Princeton University

WASHINGTON, Sept. 12, 2023 /PRNewswire/ -- The Executive Leadership Council (ELC), the preeminent global membership organization for Black CEOs, senior executives, corporate board directors , top-tier entrepreneurs, and global thought leaders, announced today it will honor Mellody Hobson, co-CEO and President of Ariel Investments and Chair of Ariel Investment Trust, with the 2023 ELC Achievement Award during its 37th Anniversary Recognition Gala. The event will take place on Thursday, October 5, 2023 at 6:00 PM ET, at the Gaylord National Resort & Convention Center, 201 Waterfront Street, National Harbor, Maryland.

Key Points: 
  • The Achievement Award is presented to Black corporate executives whose business career achievements highlight personal and professional excellence.
  • "Her exceptional achievements are unparalleled and serve as a beacon to women in business and industry.
  • The ELC is honored to recognize Mellody for her outstanding contributions and shining leadership and vision throughout the years."
  • This year's gala highlights business achievement, honors corporate and individual award recipients, and delivers $2.8 million in scholarships to ELC scholarship program awardees.

Galaxy Schedules Webcast and Investor Call to Review Second Quarter 2023 Results on August 8, 2023

Retrieved on: 
Thursday, July 13, 2023
Webcast, TSX, Toronto Stock Exchange, GDH, Investment Company Institute, Cryptocurrency, Galaxy

NEW YORK, July 13, 2023 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy", "GDH Ltd." or the "Company") is pleased to announce that it will report second quarter 2023 financial results before the opening of the Toronto Stock Exchange on Tuesday, August 8, 2023.

Key Points: 
  • NEW YORK, July 13, 2023 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy", "GDH Ltd." or the "Company") is pleased to announce that it will report second quarter 2023 financial results before the opening of the Toronto Stock Exchange on Tuesday, August 8, 2023.
  • Michael Novogratz, CEO and Founder of Galaxy, and members of management will host a conference call to provide an update to shareholders on the Company's activities and results on the same day at 8:30 AM Eastern Time.
  • A replay of the webcast will be available and can be accessed in the same manner as the live webcast on the Company's Investor Relations website.
  • Through September 8, 2023, the recording will also be available by dialing 1-844-512-2921, or 1-412-317-6671 (outside the U.S. and Canada) passcode: 10181069.

Wealth Solutions Report Continues Pathfinder Awards By Honoring Top AAPI Industry Leaders Of 2023

Retrieved on: 
Tuesday, May 23, 2023
Fiduciary Trust Company International, Women's History Month, Face, Stifel, WSR, EVP, Black History Month, Top, Human, Associate, Prudential Financial, AAPI, Work, Investment Company Institute, Award, Chairperson, CFO, DEI, ESG, AI, National Hispanic Heritage Month (United States), John Train (investment advisor), Clothing, Management, Cryptocurrency, Financial adviser

NEW YORK, May 23, 2023 /PRNewswire/ -- Wealth Solutions Report (WSR) – the fast-growing B2B digital media platform featuring wealth management-focused commentary, insights and analysis – today announced the third installment of its WSR Pathfinder Awards for the year, the Top AAPI Industry Leaders of 2023, in recognition of Asian American and Pacific Islander (AAPI) Heritage Month.

Key Points: 
  • NEW YORK, May 23, 2023 /PRNewswire/ -- Wealth Solutions Report (WSR) – the fast-growing B2B digital media platform featuring wealth management-focused commentary, insights and analysis – today announced the third installment of its WSR Pathfinder Awards for the year, the Top AAPI Industry Leaders of 2023, in recognition of Asian American and Pacific Islander (AAPI) Heritage Month.
  • Larry Roth, Founder & CEO of Wealth Solutions Report, said, "In this second year of honoring excellence and promoting diversity through our WSR Pathfinder Awards, we are pleased to announce another outstanding group of leaders from AAPI backgrounds.
  • "I am thrilled that we have the opportunity to contribute to progress in the industry and change the face of wealth management, and congratulate each of the exceptional Top AAPI Industry Leaders of 2023."
  • In February and March, respectively, WSR honored the Top Black Industry Leaders of 2023 and Top Women Industry Leaders of 2023 in recognition of Black History Month and Women's History Month.

SS&C Hires ICI's Joanne Kane to Lead Compliance Efforts for U.S. Registered Funds

Retrieved on: 
Tuesday, May 2, 2023
Investment Company Institute, ICI, Columbia Threadneedle Investments, SS&C Technologies, Risk management, GIDS, SS, Risk, Knowledge, Fraud, Automation, Financial adviser, SS&C

WINDSOR, Conn., May 2, 2023 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the appointment of Joanne Kane as Chief Compliance Officer for SS&C Global Investor and Distribution Solutions (GIDS), U.S. She will lead efforts to identify and support the complex compliance and risk management needs of SS&C's registered fund clients in the U.S.

Key Points: 
  • "We are thrilled to welcome Joanne to SS&C as Chief Compliance Officer for GIDS U.S.," said Nicole Greene, Head of SS&C GIDS, U.S. "Joanne is a deeply respected compliance and governance industry expert.
  • Building on SS&C's mission to leverage people and technology to transform businesses and with Joanne at the helm of GIDS U.S.
  • Compliance, we will advance our commitment to helping clients manage risk and meet their compliance obligations."
  • SS&C GIDS U.S. leverages decades of industry leadership in delivering innovative, technology-powered solutions and services to the global regulated funds industry.

AXS Investments Names Industry Veteran Brett Wright Head of Distribution

Retrieved on: 
Thursday, April 6, 2023
AXS, Investment, Infrastructure Client Group, NN Group, ETF, Federal Open Market Committee, Macquarie Group, Access, Executive Committee, Investment Company Institute, Knowledge, Growth, Trustee, Merrill (company), Security (finance), Financial adviser

NEW YORK, April 6, 2023 /PRNewswire/ -- AXS Investments, a leading alternative asset manager, announced that it has hired Brett Wright as Managing Director and Head of Distribution. Mr. Wright joins AXS on the heels of its expansion into new distribution channels and its fast-paced growth, leading all firms in the $1 billion to $10 billion AUM range in February 2023 inflows and garnering well over $350 million in new assets in February alone.

Key Points: 
  • Asset management and distribution executive joins leading alternatives manager, adding 20+ years of sales and distribution expertise to one of the fastest-growing asset management firms
    NEW YORK, April 6, 2023 /PRNewswire/ -- AXS Investments , a leading alternative asset manager, announced that it has hired Brett Wright as Managing Director and Head of Distribution.
  • He previously held the roles of Co-Head of Client Group and Head of Third Party Distribution.
  • "Brett Wright is an industry veteran with deep experience and knowledge of asset management distribution and an impressive record of success," said Greg Bassuk, CEO of AXS Investments.
  • "We are delighted Brett has joined AXS Investments to lead our distribution efforts as we continue the rapid growth of our product lineup and our assets under management.

Franklin Templeton Appoints Dean R. Sackett III as Managing Director of Government Affairs

Retrieved on: 
Wednesday, March 15, 2023
Public Policy, Government, Asset Management, Professional Services, Other Policy Issues, BEN, National Association, Sackett, Retirement, Investment Company Institute, George Washington University Law School, NYSE, Public policy, Congress, Virginia University, Human, United States House Committee on Appropriations, Capitol, Investment, Government Affairs Institute, ICI, Franklin Templeton Investments, West Virginia University, George Washington University, Policy, Polaris, Cryptocurrency, D.C

Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the appointment of Dean R. Sackett III as Managing Director of Government Affairs.

Key Points: 
  • Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the appointment of Dean R. Sackett III as Managing Director of Government Affairs.
  • In this newly created role, Sackett will represent Franklin Templeton and its specialist investment managers on a variety of U.S. policy matters.
  • He joined the ICI in 2000 as a lobbyist and headed the financial services practice group before being appointed Chief Government Affairs Officer and Co-Head of Government Affairs in 2009.
  • Sackett graduated cum laude from West Virginia University and from the National Law Center at the George Washington University.

Morningstar Funds Trust Board of Trustees Elects New Independent Trustee

Retrieved on: 
Wednesday, March 15, 2023
Linda, Washington College of Law, Investment Company Institute, George Washington University School of Business, Division, American University, Washington College, Jennifer, Diversity, ICI, Education, Jennifer Choi, American University School of Public Affairs, Ropes & Gray, Policy, Commonwealth of Australia (US securities entity), Investment management, Public policy, Insurance, Trustee, Independence

CHICAGO, March 15, 2023 /PRNewswire/ -- Morningstar Funds Trust Board of Trustees today announced the appointment of Jennifer Choi as an Independent Trustee, effective April 1, 2023.

Key Points: 
  • CHICAGO, March 15, 2023 /PRNewswire/ -- Morningstar Funds Trust Board of Trustees today announced the appointment of Jennifer Choi as an Independent Trustee, effective April 1, 2023.
  • Jennifer is a Professorial Lecturer in Law at the George Washington University School of Law teaching Regulation of Mutual Funds and Their Investment Advisers.
  • Independent Chair Theresa Hamacher commented on the election of Jennifer Choi: "We are delighted to welcome Jennifer to the Board of the Morningstar Funds Trust.
  • We look forward to working with her on behalf of the Funds and their shareholders," said Linda Davis Taylor, Governance Committee Chair of Morningstar Funds Trust Board of Trustees.