Schroders

China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected

Retrieved on: 
Wednesday, March 13, 2024

China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected

Key Points: 
  • China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected
    In 2023, China's aluminum industry has witnessed significant growth, fueled by the gradual recovery of the real estate sector and the rapid expansion of the renewable energy industry.
  • The widening gap between supply and demand for electrolytic aluminum led to a rise in aluminum prices, subsequently boosting profits and profitability for China Hongqiao Group Limited(referred to as "China Hongqiao").
  • Therefore, to fulfill investors' demand for high-quality Chinese offshore assets, investment institutions are actively seeking ongoing issuance of offshore debt by China Hongqiao.
  • Currently, China Hongqiao has only two outstanding USD bonds: namely HONGQI 6.25 06/08/24 (senior bond) and HONGQI 5.25 01/25/26 (convertible bond).

China Hongqiao (01378.HK) boosts cash flow, market awaits new offshore bond issue

Retrieved on: 
Friday, March 1, 2024

Therefore, to meet investors' demand for high-quality Chinese offshore assets, investment institutions seek continued issuance of offshore debt by China Hongqiao.

Key Points: 
  • Therefore, to meet investors' demand for high-quality Chinese offshore assets, investment institutions seek continued issuance of offshore debt by China Hongqiao.
  • Currently, China Hongqiao has only two outstanding USD bonds: HONGQI 6.25 06/08/24 (senior bond) and HONGQI 5.25 01/25/26 (convertible bond).
  • With the maturity of HONGQI 6.25 06/08/24, market uncertainties arise regarding whether China Hongqiao will issue offshore bonds again.
  • However, given the current market environment and policy changes, the market is concerned about whether it will issue offshore bonds again.

FE International Appoints Chris Mayo to Chair New Advisory Board

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Leading mergers and acquisitions advisory firm for technology businesses, FE International , announces the appointment of Chris Mayo as the Chair of its new Advisory Board.

Key Points: 
  • NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Leading mergers and acquisitions advisory firm for technology businesses, FE International , announces the appointment of Chris Mayo as the Chair of its new Advisory Board.
  • In this role, Chris will leverage his vast experience and industry knowledge to help guide the firm's development and deepen its network.
  • His appointment reflects FE International's commitment to clients in the tech sector.
  • “I am excited to work closely with the team, build out the new Advisory Board in my role as Chair and contribute to the firm's success in facilitating M&A transactions within the technology sector,” said Chris.

“A Mind Is…”® New York Gala to Celebrate UNCF’s 80th Anniversary

Retrieved on: 
Wednesday, February 28, 2024

New York, NY, Feb. 28, 2024 (GLOBE NEWSWIRE) -- UNCF (United Negro College Fund) will celebrate its milestone 80th anniversary during “A Mind Is…”® Gala at the Ziegfeld Ballroom in New York City on Thursday, March 21, 2024.

Key Points: 
  • New York, NY, Feb. 28, 2024 (GLOBE NEWSWIRE) -- UNCF (United Negro College Fund) will celebrate its milestone 80th anniversary during “A Mind Is…”® Gala at the Ziegfeld Ballroom in New York City on Thursday, March 21, 2024.
  • The New York “A Mind Is…”® Gala will recognize outstanding partners who help the organization effectuate this mission.
  • Proceeds from the gala will support UNCF-member HBCUs and college students from across New York and the United States.
  • Events like our ‘A Mind Is…’ New York Gala help us do just that,” said Lomax.

Tradefeedr Launches Client Advisory Board with Participation from 14 Leading Buy-Side Institutions to Drive Innovation

Retrieved on: 
Tuesday, January 30, 2024

LONDON, Jan. 30, 2024 /PRNewswire/ -- Tradefeedr, the leading network for FX trading analytics and collaborative data sharing, is proud to announce its new Buy-Side Client Advisory Board.

Key Points: 
  • LONDON, Jan. 30, 2024 /PRNewswire/ -- Tradefeedr, the leading network for FX trading analytics and collaborative data sharing, is proud to announce its new Buy-Side Client Advisory Board.
  • The Board has been formed to capture essential client insights and guide the trajectory of future product evolution.
  • Comprised of distinguished leaders from leading buy-side institutions, the Board is set to become a cornerstone in shaping the future of FX pre- and post-trade analysis using the latest technology.
  • Insights from our Buy-Side Client Advisory Board will be instrumental in meeting customer needs and guiding investment in new and impactful products for our extensive client network."

Tradefeedr Launches Client Advisory Board with Participation from 14 Leading Buy-Side Institutions to Drive Innovation

Retrieved on: 
Tuesday, January 30, 2024

LONDON, Jan. 30, 2024 /PRNewswire/ -- Tradefeedr, the leading network for FX trading analytics and collaborative data sharing, is proud to announce its new Buy-Side Client Advisory Board.

Key Points: 
  • LONDON, Jan. 30, 2024 /PRNewswire/ -- Tradefeedr, the leading network for FX trading analytics and collaborative data sharing, is proud to announce its new Buy-Side Client Advisory Board.
  • The Board has been formed to capture essential client insights and guide the trajectory of future product evolution.
  • Comprised of distinguished leaders from leading buy-side institutions, the Board is set to become a cornerstone in shaping the future of FX pre- and post-trade analysis using the latest technology.
  • Insights from our Buy-Side Client Advisory Board will be instrumental in meeting customer needs and guiding investment in new and impactful products for our extensive client network."

Golub Capital Bolsters U.S. and Global Institutional Sales Team with Key Hires

Retrieved on: 
Thursday, January 18, 2024

Golub Capital today announced that Andrea Picard will be joining the Firm as Co-Head of Global Institutional Sales in March.

Key Points: 
  • Golub Capital today announced that Andrea Picard will be joining the Firm as Co-Head of Global Institutional Sales in March.
  • Andrea will join Michele Joyeux as Co-Head of Global Institutional Sales - a combination that will bring together Golub Capital’s long history of nurturing win-win investor relationships with fresh perspective to raise the bar further.
  • “We are excited to have Andrea join the Firm,” said Craig Benton, Senior Managing Director, Head of the Investor Partners Group at Golub Capital.
  • “This is another key milestone in our multi-year plan to expand and evolve the Investor Partners Group to provide enhanced global coverage and specialized teams for different investor segments.”
    “I am thrilled to be joining Golub Capital and look forward to further expanding the Firm’s U.S. and global investor base,” said Andrea Picard, Co-Head of Global Institutional Sales at Golub Capital.

Schroders Personal Wealth selects SS&C for Transfer Agency

Retrieved on: 
Thursday, January 11, 2024

WINDSOR, Conn., Jan. 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a new relationship with Schroders Personal Wealth (SPW), the financial planning joint venture between Schroders plc and Lloyds Banking Group.

Key Points: 
  • WINDSOR, Conn., Jan. 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a new relationship with Schroders Personal Wealth (SPW), the financial planning joint venture between Schroders plc and Lloyds Banking Group.
  • Schroders Personal Wealth offers holistic financial planning solutions throughout the U.K., including retirement planning, investment management, estate planning and more.
  • "We are delighted to have been chosen to provide Schroders Personal Wealth with efficient transfer agency, digital investor capabilities and end-to-end operational support," said Damien Barry, Head of SS&C GIDS EMEA.
  • SS&C's end-to-end solutions offer unparalleled support for transfer agency operations, global compliance, and seamless connectivity for asset managers.

Schroders Personal Wealth selects SS&C for Transfer Agency

Retrieved on: 
Thursday, January 11, 2024

WINDSOR, Conn., Jan. 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a new relationship with Schroders Personal Wealth (SPW), the financial planning joint venture between Schroders plc and Lloyds Banking Group.

Key Points: 
  • WINDSOR, Conn., Jan. 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a new relationship with Schroders Personal Wealth (SPW), the financial planning joint venture between Schroders plc and Lloyds Banking Group.
  • Schroders Personal Wealth offers holistic financial planning solutions throughout the U.K., including retirement planning, investment management, estate planning and more.
  • "We are delighted to have been chosen to provide Schroders Personal Wealth with efficient transfer agency, digital investor capabilities and end-to-end operational support," said Damien Barry, Head of SS&C GIDS EMEA.
  • SS&C's end-to-end solutions offer unparalleled support for transfer agency operations, global compliance, and seamless connectivity for asset managers.

Faced With Largest Retirement Savings Gap, Majority of Generation X Believe Dream Retirement Is Out of Reach

Retrieved on: 
Wednesday, December 13, 2023

The resulting savings gap of $451,170 tops the expected shortfall facing Millennials and Baby Boomers.

Key Points: 
  • The resulting savings gap of $451,170 tops the expected shortfall facing Millennials and Baby Boomers.
  • Millennials (ages 27-42) believe they will need $1,280,892 to retire comfortably and expect to have $877,266 saved, leaving a savings gap of $403,626.
  • Non-retired Baby Boomers (ages 59-77), believe it takes $924,897 to retire comfortably, which exceeds the amount expected to be saved ($633,401) by $291,496.
  • Notably, 61% of non-retired Gen Xers are not confident in their ability to achieve a dream retirement compared to 49% of Millennials and 53% of non-retired Baby Boomers.