Standard Life

Russell Investments Adds Leader for Canadian Institutional Business

Retrieved on: 
Tuesday, July 25, 2023
Asset Management, Professional Services, Finance, Pressure, Partnership, Russell Investments, University, Public sector, Organization, Russell, Standard Life, Risk, Financial adviser

Russell Investments Canada Limited (“Russell Investments”) has appointed Chris Wright to serve as Director, Institutional Sales, Canada.

Key Points: 
  • Russell Investments Canada Limited (“Russell Investments”) has appointed Chris Wright to serve as Director, Institutional Sales, Canada.
  • “Chris brings a stellar track record of success with some of the largest and most sophisticated investors in the country to our Canadian institutional business,” said Brad Jung, President, Russell Investments Canada.
  • Prior to Russell Investments, Wright had served at abrdn (Standard Life Investments) since 2014, where he developed relationships with Canadian institutional investors through a solutions/partnership approach.
  • Earlier in his career, he occupied several senior institutional sales positions at Fidelity Investments Canada and for Aurion Capital Management.

Northleaf Expands Global Investor Coverage With Appointment of Private Markets Veteran Stewart Hay as Vice Chair, Global Investor Solutions

Retrieved on: 
Wednesday, January 25, 2023
Asset Management, Professional Services, Finance, Partner, Aberdeen Asset Management, Hay, Consultant, Standard Life, Sale, Emerging Capital Partners, Partnership, Growth, US, Cryptocurrency, Financial services

Northleaf Capital Partners (Northleaf) today announced that Stewart Hay has joined the firm as Vice Chair, Global Investor Solutions.

Key Points: 
  • Northleaf Capital Partners (Northleaf) today announced that Stewart Hay has joined the firm as Vice Chair, Global Investor Solutions.
  • In this new role, Hay will support the continued expansion of Northleaf’s global private markets investor coverage, partnering with investors and investment consultants to design and implement solutions that leverage Northleaf’s expertise and deep relationships in private equity, private credit and infrastructure.
  • He will support the continued growth and evolution of our global private markets platform and investor base,” said Northleaf Managing Partner and Co-Founder Stuart Waugh.
  • “Northleaf is a world-class global private markets investment manager with a differentiated mid-market approach, an impressive track record and a strong growth trajectory,” said Hay.

WTW announces election of three new Board Directors

Retrieved on: 
Thursday, December 8, 2022
Linda, Acquisition, Jackie, Shoulder, Cboe Global Markets, Aviva Group Ireland, Toronto-Dominion Bank, RSA Insurance Group, Grant Thornton International, Insurance, Allianz, TD, Allianz Life, WTW, Standard Life, Prudential plc, Aviva, Workforce, Organization, Sustainability Accounting Standards Board, TD Ameritrade, Risk, Standard Chartered, PricewaterhouseCoopers, Management, Radius, Fred, Prudential

The Board made these selections as part of its multi-year succession planning process, utilizing the assistance of a leading search firm.

Key Points: 
  • The Board made these selections as part of its multi-year succession planning process, utilizing the assistance of a leading search firm.
  • Each has decided not to stand for re-election in light of other commitments and in furtherance of the Board succession plan.
  • Paul Thomas, WTW Board Chair, said: “On behalf of the Board, I would like to welcome our three new Directors and to thank Brendan and Linda, our two outgoing Directors, for the many years of dedicated service that they have given WTW.
  • At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital.

DataArt Partners with Invesco to Deliver Successful Model Portfolio Services Application and Extend Footprint in the Financial Sector

Retrieved on: 
Tuesday, December 6, 2022
Software, Technology, Professional Services, Finance, Invesco, Unilever, Partnership, Software, Ocado Group, Flutter Entertainment, OCFS2, Mountaineering, Standard Life, Aviva, Video game, Financial adviser, Online shopping, Priceline, DataArt, Fidelity, Novia

Basecamp is a sophisticated and user-focused application that simplifies complex workflows to enable users to spend more time with their customers.

Key Points: 
  • Basecamp is a sophisticated and user-focused application that simplifies complex workflows to enable users to spend more time with their customers.
  • Unlike other model portfolio platforms, Invescos solution does not charge for advisory models; clients pay only the OCFs (Ongoing Charge Figures) of the underlying funds, the associated platform charge, and advisory fees.
  • The application is available here: https://www.invesco.com/mps/en/mps.html , with new features in the pipeline which will be available early next year.
  • Invesco Ltd. is a global independent investment management company with its headquarters in Atlanta, Georgia, and additional branch offices in 20 countries.

Standard Life Increases Pension Contributions With Personalised Videos Powered by Idomoo

Retrieved on: 
Tuesday, October 18, 2022
Technology, Other Communications, Seniors, Finance, Marketing, Communications, Professional Services, Audio, Video, Data Analytics, Consumer, Uncertainty, Communication, EMEA, Association of British Insurers, Pension, Vodafone, Aviva, Industry, Association, Standard Life, Aegon, Pensions and Lifetime Savings Association, BT, Retirement, Video game, Amusement arcade, Mobile phone

With this in mind, Standard Life collaborated with BTs Division X Messaging Team to create personalised pension statement videos, powered by Idomoo technology.

Key Points: 
  • With this in mind, Standard Life collaborated with BTs Division X Messaging Team to create personalised pension statement videos, powered by Idomoo technology.
  • View the full release here: https://www.businesswire.com/news/home/20221017005675/en/
    By combining customer data, such as contributions and retirement age, with visuals, these personalised videos simplify complex details.
  • Idomoos personalised pension videos have been shown to double pension account activations and drive 78% higher savings.
  • Based on the success so far, Standard Life is ramping up its roll-out of the videos to its workplace pension customer base.

Cboe Appoints Stephen Berte as President of BIDS Trading

Retrieved on: 
Wednesday, March 16, 2022
Equity, Stock, Solution, LIS, Technology, Acquisition, CBOE, CAD, Investment Executive, ATS, Investment, Cboe Global Markets, Standard Life, Growth, Chicago, BIDS, FX, Construction, Financial services, Auction

Ed Tilly, Chairman, President and Chief Executive Officer of Cboe Global Markets said: "I am delighted to welcome Stephen Berte as the incoming new President of BIDS Trading.

Key Points: 
  • Ed Tilly, Chairman, President and Chief Executive Officer of Cboe Global Markets said: "I am delighted to welcome Stephen Berte as the incoming new President of BIDS Trading.
  • Stephen Berte said: "I am honored to have been appointed the next President of BIDS Trading and grateful for the opportunity to lead the exceptional BIDS Trading team.
  • Cboe then successfully launched Cboe BIDS Canada on February 1, 2022, bringing Cboe BIDS' leading block trading capabilities and block-sized liquidity to Canadian investors.
  • Building on the success of the Cboe BIDS block trading offering in the U.S., Europe and Canada, Cboe now plans to launch, pending regulatory approvals, Cboe BIDS Australia in 2023 followed by Cboe BIDS Japan.

WNS Announces Addition of Lan Tu to Board of Directors

Retrieved on: 
Friday, February 4, 2022
Other Professional Services, Human Resources, Internet, Finance, Banking, Professional Services, Technology, Other Technology, Holding, Leadership, Culture, CEO, Solution, Private Securities Litigation Reform Act, Committee, Business process management, Service, Technology, Research, Board, BPM, McKinsey & Company, EMEA, Business, American Express, Corporate governance, U.S. Securities and Exchange Commission, Standard Life, Financial compensation, Accounting, NCG, Security (finance), NYSE, Director, United Kingdom, Lan, Airline, Management, WNS

WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced the appointment of Lan Tu to the Companys Board of Directors effective February 04, 2022.

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced the appointment of Lan Tu to the Companys Board of Directors effective February 04, 2022.
  • Lan was the first CEO for this new entity tasked with building the team, organizational structure, governance architecture and culture.
  • Before joining abrdn, Lan spent 12 years at American Express in a variety of roles with increasing responsibility.
  • Lan brings a wealth of transformative business experience and proven leadership to the WNS team, and we are excited to welcome her to the Board of Directors, said Francoise Gri, Chairperson, Nominating & Corporate Governance Committee.

MetLife Completes Approximately $2.4 billion in Longevity Reinsurance Transactions with Phoenix Group

Retrieved on: 
Friday, January 28, 2022
Professional Services, Insurance, Finance, Retirement, Risk, Insurance, Longevity, Financial Conduct Authority, MetLife, Human, FTSE, BPA, Carbon, Partnership, Phoenix Group, News, U.S. Securities and Exchange Commission, Heart, MetLife Inc. v. Financial Stability Oversight Council, MET, Standard Life, NYSE, United Kingdom, Solution, LexisNexis Risk Solutions, Financial services, MetLife, Phoenix Group, METLIFE, PHOENIX GROUP

MetLife, Inc. announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has completed two longevity reinsurance transactions with Phoenix Group (Phoenix).

Key Points: 
  • MetLife, Inc. announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has completed two longevity reinsurance transactions with Phoenix Group (Phoenix).
  • Under the terms of agreement, Metropolitan Tower Life Insurance Company will provide reinsurance to Phoenix for longevity risk associated with approximately $2.4 billion of U.K. pension liabilities.
  • MetLifes financial strength and long history managing longevity risk helps direct insurers like Phoenix secure the retirement benefits of thousands of U.K. pensioners, said Wang.
  • MetLife brought together an outstanding team to deliver these reinsurance solutions in a short space of time, said Kunal Sood, head of Reinsurance & Structuring at Phoenix Group.

Applied Research Announces Key Leadership Transitions

Retrieved on: 
Tuesday, January 25, 2022
Finance, Consulting, Banking, Professional Services, Other Professional Services, Knowledge, UBS, Risk, Mark (given name), Health, Journal of Creating Value, Industry, Citigroup Global Markets Japan, ESG, Life, Alpha, Transport, Capital loss, Investment, EAFE, Pacific Rim, Lists of countries and territories, Growth, Risk management, Pacific Ocean, ARI, Tax, Ingrassia, CEO, BMO Capital Markets, MSCI, Applied science, Partnership, MSCI EAFE, Standard Life, Leadership, Amira, Composite, Management, Financial services, Security (finance), Bank, Life insurance, Research, Far East, Risk, Applied Research, Risk, APPLIED RESEARCH

Applied Research has generated strong performance under Strassers leadership, both as a result of its analyst team and stock selection, which has benefited from sector diversification.

Key Points: 
  • Applied Research has generated strong performance under Strassers leadership, both as a result of its analyst team and stock selection, which has benefited from sector diversification.
  • At Applied Research, were a partnership focused on serving the long-term objectives of our clients, said Strasser.
  • Since 2017, Applied Research has enjoyed rapid growth, both in its client portfolio and in the expansion of its investment team.
  • As part of the transition, Applied Research has announced that Mark Lin, lead portfolio manager, has left the firm to pursue other interests.

First Trust/Aberdeen Global Opportunity Income Fund Decreases its Monthly Common Share Distribution to $0.065 Per Share for February

Retrieved on: 
Thursday, January 20, 2022
Banking, Professional Services, Finance, Income, LIBOR, Internal Revenue Code, Respiratory disease, Investment, FTP, Financial Conduct Authority, London Interbank Bid Rate, Fund, Vaccine, Union, FTA, Internal Revenue Code section 409A, COVID-19, Movement, NYSE, Terrorism, Instability, FAM, Standard Life Aberdeen, Organic, Disease, FINRA, AIB (NI), Government, Risk, Infection, Standard Life, ERISA, Contract, Fraud, Judgement, United Kingdom, New York Stock Exchange, Loss, Renewable energy, Life insurance, Security (finance), Financial adviser, Bank, Brexit

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has decreased its regularly scheduled monthly common share distribution to $0.065 per share from $0.075 per share.

Key Points: 
  • First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has decreased its regularly scheduled monthly common share distribution to $0.065 per share from $0.075 per share.
  • The distribution will be payable on February 15, 2022, to shareholders of record as of February 2, 2022.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.