New York Life Investments

SMArtX TAMP Continues to Expand Manager Marketplace with 35 Additional Strategies

Retrieved on: 
Thursday, October 5, 2023
Thornburg Investment Management, Inc., TAMP, New York Life Investments, ADR, ESG, PALM, Financial services

WEST PALM BEACH, Fla., Oct. 5, 2023 /PRNewswire/ -- SMArtX Advisory Solutions, a leading innovator in managed accounts technology, today announced 35 strategies from 10 leading asset management firms joined the SMArtX TAMP manager marketplace. Candriam, JAG Capital Management, and Thornburg Investment Management are now offering a total of 17 strategies across international ADR, US equity, and municipal fixed income asset classes. The platform currently features 1,277 strategies from 300 asset management firms.

Key Points: 
  • WEST PALM BEACH, Fla., Oct. 5, 2023 /PRNewswire/ -- SMArtX Advisory Solutions, a leading innovator in managed accounts technology, today announced 35 strategies from 10 leading asset management firms joined the SMArtX TAMP manager marketplace.
  • Candriam, JAG Capital Management, and Thornburg Investment Management are now offering a total of 17 strategies across international ADR, US equity, and municipal fixed income asset classes.
  • "The SMArtX TAMP continues to be a centralized hub where advisors, asset managers, and technology converge to deliver a superior managed accounts solution," remarked Brad Haag, Executive Vice President, Asset Manager Solutions at SMArtX Advisory Solutions.
  • "SMArtX has expanded its marketplace every month for over 3 years – evidence of interest in the platform continuing to grow."

New York Life Investments Partners with Fiera Capital and PineStone to Add Four Equity Strategies to its Fund Family

Retrieved on: 
Wednesday, September 13, 2023
Mainstay, Partnership, New York Life Insurance Company, New York Life Investments, Financial services, Management

The funds include the MainStay Fiera SMID Growth Fund (ticker: APSRX), the MainStay PineStone International Equity Fund (ticker: FCIRX), the MainStay PineStone U.S. Equity Fund (ticker: FCUEX), and the MainStay PineStone Global Equity Fund (ticker: FCGEX).

Key Points: 
  • The funds include the MainStay Fiera SMID Growth Fund (ticker: APSRX), the MainStay PineStone International Equity Fund (ticker: FCIRX), the MainStay PineStone U.S. Equity Fund (ticker: FCUEX), and the MainStay PineStone Global Equity Fund (ticker: FCGEX).
  • Fiera and PineStone's asset management teams bring strong institutional-quality domestic and international equity investment credentials and experience to our MainStay Funds.
  • By joining forces with New York Life Investments, we are enhancing our commitment to delivering tailored investment solutions to investors.
  • In New York Life Investments, we believe we have found an organization that shares our commitment to creating value for clients.

Candriam and New York Life Investments partner to expand Candriam's offshore business

Retrieved on: 
Tuesday, June 27, 2023
UCITS, Biotechnology, Partnership, New York Life Investments, New York Life Insurance Company, International development, Financial services, Security (finance), Candriam

NEW YORK, June 27, 2023 /PRNewswire/ -- Candriam and New York Life Investments today announced their expanded partnership to deliver offshore capabilities and solutions reaching global investors whose wealth is managed in the US.

Key Points: 
  • NEW YORK, June 27, 2023 /PRNewswire/ -- Candriam and New York Life Investments today announced their expanded partnership to deliver offshore capabilities and solutions reaching global investors whose wealth is managed in the US.
  • In some cases, Candriam will be able to offer clones of existing US mutual funds, managed by its affiliates, for the first time to these investors.
  • New York Life Investments' sales teams will use their on-the-ground relationships in the US and leverage the company's scale to support introductory conversations with US-based broker-dealers and financial firms.
  • Candriam's growth in the US offshore market will support ongoing sales efforts in Latin America, led by Candriam's sales team in Spain.

MainStay MacKay DefinedTerm Municipal Opportunities Fund and MainStay CBRE Global Infrastructure Megatrends Fund Announce Naïm Abou-Jaoudé Joins the Board of Trustees

Retrieved on: 
Wednesday, June 7, 2023
Amana Mutual Funds Trust, MMD, Mainstay, New York Life Investments, Mackay, NYSE, Trustee, Risk, Cryptocurrency, Online shopping, Financial services, Candriam

NEW YORK, June 7, 2023 /PRNewswire/ -- New York Life Investments today announced that Naïm Abou-Jaoudé has joined the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) and the MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Funds") as a Class III Trustee.

Key Points: 
  • NEW YORK, June 7, 2023 /PRNewswire/ -- New York Life Investments today announced that Naïm Abou-Jaoudé has joined the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) and the MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Funds") as a Class III Trustee.
  • Mr. Abou-Jaoudé was recently announced as the new Chief Executive Officer of New York Life Investment Management LLC (NYLIM), and previously served as the Chairman and Chief Executive Officer of Candriam since 2007.
  • The size of each Fund's Board of Trustees will be increased to seven, also effective today, six of whom are independent.
  • For additional information on each of the Funds, including information about risk, charges and expenses, please visit the website here for MMD, or the website here for MEGI, or call the shareholder servicing agent at (855) 456-9683.

Morgan Stanley Announces a Successful Year of “The Equity Collective” a Diversity-Driven Collaboration Between 27 Wealth and Asset Management Firms

Retrieved on: 
Monday, March 6, 2023
Professional Services, Philanthropy, Thought Leadership, Consumer, Other Education, Asset Management, University, DEI (Diversity, Equity and Inclusion), Primary, Secondary, Teens, Education, Finance, Other Philanthropy, Janus, Virtus Investment Partners, Invesco, Nuveen, DWS, BGCA, Equity, Boys & Girls Clubs of America, School, BNY Mellon Investment Management, Student, Team, Putnam Investments, Corporate sustainability, Curriculum, First Eagle Investments, Boy, Morgan Stanley, Columbia Threadneedle Investments, The Hartford, PIMCO, Natixis Investment Managers, T. Rowe Price, Public policy, Investment, Lazard, Capital Group Companies, Goldman Sachs, Macquarie Group, American Century Investments, New York Life Investments, Morgan Stanley Wealth Management, Putnam, BlackRock, Management

One year later, the 27-member group is proud to announce the successes of the program and their re-dedication to a multi-year commitment.

Key Points: 
  • One year later, the 27-member group is proud to announce the successes of the program and their re-dedication to a multi-year commitment.
  • Since launching in 2022, the Equity Collective has led more than 100 events, engaging with students through partners at Boys & Girls Clubs of America (BGCA), hellohive , and Team IMPACT .
  • “We’re proud of the work we’ve done this past year – but we’ve only scratched the surface,” said Andy Saperstein, Co-President of Morgan Stanley and Head of Morgan Stanley Wealth Management.
  • “The only way to make a significant impact is through highly collaborative leadership and that is what Putnam and other leading firms have signed on to do."

New York Life Names Jomil Guerrero as Next Chief Diversity Officer

Retrieved on: 
Wednesday, February 8, 2023
Insurance, Professional Services, CDO, Equity, ERG, New York Life Investments, Social justice, Advance Developing Markets, Controller, Work, Workforce, DE, Diversity, Disability studies, Advancement, Senior, University, Culture, Social, Reason (argument), BS, Central Florida, Advisory board, Management, New York Life Insurance Company, Excellence

New York Life, America’s largest mutual life insurer1, today announced the appointment of Jomil Guerrero as the company’s next Chief Diversity Officer (CDO).

Key Points: 
  • New York Life, America’s largest mutual life insurer1, today announced the appointment of Jomil Guerrero as the company’s next Chief Diversity Officer (CDO).
  • “At New York Life, diversity, equity & inclusion are deeply embedded in our culture and how we operate our business.
  • “Jomil is a proven and passionate leader, and I am thrilled for her to be assuming the role of Chief Diversity Officer.
  • Ms. Guerrero was most recently Chief Operating Officer of IndexIQ , a New York Life Investments boutique.

IndexIQ Announces Changes to ETF Lineup

Retrieved on: 
Friday, December 9, 2022
Other Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Professional Services, Fintech, ALPS, ESG, Hudson Street, New York Life Investments, Investment, Prospectus, NYSE Arca, ETF, New York Life Insurance Company, Risk, Financial adviser, Bank

Proceeds of the liquidation are expected to be sent to shareholders on or about February 7, 2023.

Key Points: 
  • Proceeds of the liquidation are expected to be sent to shareholders on or about February 7, 2023.
  • IndexIQ, a New York Life Investments company, is a provider of exchange-traded funds (ETFs), with a decade of offering highly differentiated and innovative solutions to retail and institutional investors.
  • For additional information on IndexIQ, visit https://www.newyorklifeinvestments.com/etf or follow us on Twitter or LinkedIn .
  • IndexIQ is an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC and serves as the advisor to the IndexIQ ETFs.

SMArtX Advisory Solutions Adds 12 More Strategies to its Model Marketplace

Retrieved on: 
Thursday, November 3, 2022
CEO, New York Life Investments, Technology, UMA, Congress, TAMP, PALM, Financial services

WEST PALM BEACH, Fla., Nov. 3, 2022 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform ('TAMP'), announced 12 strategies have joined the SMArtX platform from six leading asset management firms. The additions bring the total number of strategies to over 1,103 as the platform marks a 19% increase in the number of available strategies over the last 12 months.

Key Points: 
  • WEST PALM BEACH, Fla., Nov. 3, 2022 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform ('TAMP'), announced 12 strategies have joined the SMArtX platform from six leading asset management firms.
  • The additions bring the total number of strategies to over 1,103 as the platform marks a 19% increase in the number of available strategies over the last 12 months.
  • The ongoing demand comes as the SMArtX platform continues to grow in assets and expand its custodial relationships.
  • "As advisors look for easier ways to tax harvest accounts, rebalance holdings, and allocate to new strategies better suited to today's market environment, the use of platforms like SMArtX swells," said Evan Rapoport, Founder and CEO of SMArtX Advisory Solutions.

Shamrock Capital Announces Strategic Minority Investment by RidgeLake Partners and Bonaccord Capital Partners

Retrieved on: 
Wednesday, October 26, 2022
Professional Services, Finance, BCP, Kirkland & Ellis, Growth, Institutionalisation, Family, Investment, Partnership, Capital, Gibson, Dunn & Crutcher, View, New York Life Investments, LLP, Ownership, Financial services, Shamrock, Shamrock Holdings

Shamrock Capital (Shamrock), a leading investor in media, entertainment, communications and related sectors, today announced that RidgeLake Partners (RidgeLake), a strategic partnership between Ottawa Avenue Private Capital and Apogem Capital, and Bonaccord Capital Partners (Bonaccord) have acquired a passive minority equity interest in the firm.

Key Points: 
  • Shamrock Capital (Shamrock), a leading investor in media, entertainment, communications and related sectors, today announced that RidgeLake Partners (RidgeLake), a strategic partnership between Ottawa Avenue Private Capital and Apogem Capital, and Bonaccord Capital Partners (Bonaccord) have acquired a passive minority equity interest in the firm.
  • RidgeLake and Bonaccords strategic investment in Shamrock is an important milestone in the continued development of our business, said Steve Royer, President at Shamrock Capital.
  • Shamrock Capital partners with strong management teams and takes an active, collaborative approach to creating value in each investment.
  • RidgeLake Partners is a strategic partnership between Ottawa Avenue Private Capital and Apogem Capital, an affiliate of New York Life Investments, focused on acquiring minority equity stakes in top-tier middle market private equity firms.

IndexIQ Adds to Fast-Growing ESG ETF Suite with Two New Funds

Retrieved on: 
Tuesday, October 25, 2022
Banking, Professional Services, Environmental, Social and Governance (ESG), Finance, LinkedIn, Fund, UCITS, ESG, Part, Dagong Global Credit Rating, Solution, LLC, New York Life Investments, Twitter, Funding, Crain Communications, ETF, AUM, Index, Conviction, ALPS, Hudson Street, Mackay, Risk, New York Life Insurance Company, Income, Exchange-traded fund, U.S. Securities and Exchange Commission, Prospectus, Sale, IQ, Pension, EUR, Form, United Kingdom, Lithium, Financial adviser, Financial services, Bank, Life insurance, Security (finance), Investment, Candriam Investors Group

Mid Cap Equity ETF ( IQSM ) is a passively managed ESG focused strategy, benchmarked to the IQ Candriam ESG U.S.

Key Points: 
  • Mid Cap Equity ETF ( IQSM ) is a passively managed ESG focused strategy, benchmarked to the IQ Candriam ESG U.S.
  • These new funds expand on IndexIQs ongoing partnerships and product team-ups with Candriam and MacKay Shields, respectively, including the IQ Candriam ESG U.S. Large Cap Equity ETF ( IQSU ), the IQ Candriam ESG International Equity ETF ( IQSI ), and IQ MacKay ESG Core Plus Bond ETF ( ESGB ).
  • IndexIQ also introduced its own thematic ESG suite of Dual Impact ETFs, which offer compelling exposures and a way for investors to give back through their investments.
  • For more information on the funds and on IndexIQs full suite of ETF offerings, please visit our website here .