Fidelity

Fidelity Investments Canada launches new suite of ETFs and alternative strategies

Retrieved on: 
Tuesday, February 6, 2024
Fund, FLSA, Marketing, Senior, Research, International, FCCA, FMNA, Investment, ULC, ETF, Equity, Risk, Fidelity, FGLS, Financial adviser

"By kicking off 2024 with an array of new funds, including alternative strategies, our aim is to provide Canadians new, diversified pathways to invest their savings and achieve their financial goals."

Key Points: 
  • "By kicking off 2024 with an array of new funds, including alternative strategies, our aim is to provide Canadians new, diversified pathways to invest their savings and achieve their financial goals."
  • Fidelity Canadian Long/Short Alternative Fund is a new addition to Fidelity's current lineup of alternative funds, all available to Canadian investors.
  • Fidelity All-Canadian Equity ETF (ticker: FCCA)
    Fidelity All-American Equity ETF (ticker: FCAM)
    Fidelity All-International Equity ETF (ticker: FCIN)
    Fidelity All-Equity ETFs are strategically designed to provide diversified equity exposure with a regional focus.
  • Fidelity All-in-One ETFs (FCNS, FBAL, FGRO, FEQT) continue to see momentum, recently surpassing $1B in assets under management (AUM), with total Fidelity ETF AUM sitting at $4.5B (as at January 22, 2024).

Love & Money: Most Couples Give Themselves High Marks in Communication, Yet Fidelity Study Reveals Hidden Frustrations in Couples’ Financial Future

Retrieved on: 
Thursday, February 1, 2024
Asset Management, Professional Services, Finance, Online, Partnership, Multimedia, Education, Fidelity Investments, Family, News, Retirement, Dream, Friends, Hobby, Generation Z, Love, Investment, Gen, Communication, Fidelity, Checklist, Disagreement, Woman

The study results show a need for improved communication and shared decision-making to manifest financial harmony within relationships.

Key Points: 
  • The study results show a need for improved communication and shared decision-making to manifest financial harmony within relationships.
  • The study also reveals that effective communication can be crucial for financial success and well-being for couples.
  • Online retirement planning tools provide easy ways for couples to tell if they are on track to meet their financial targets.
  • Including, Fidelity’s annual Retiree Health Care Cost Estimate , which highlights ways Americans can prepare to meet future health care costs in retirement.

RIA Industry Veteran David Canter Joins CAIS as Strategic Advisor

Retrieved on: 
Thursday, February 1, 2024
Fintech, Asset Management, Professional Services, Finance, Fidelity Investments, Financial plan, RIA, Practice management software, Investment, Fidelity, Pleasure, Canter and gallop, Financial adviser

CAIS, the leading alternative investment platform for independent financial advisors, announced today that David Canter has joined the firm as a Strategic Advisor to support the company’s ongoing commitment to the RIA community.

Key Points: 
  • CAIS, the leading alternative investment platform for independent financial advisors, announced today that David Canter has joined the firm as a Strategic Advisor to support the company’s ongoing commitment to the RIA community.
  • “We are excited to have David join the CAIS team at a time when independent advisors are adopting CAIS technology as their primary solution to scale alternative investments,” said Matt Brown, CAIS Founder and CEO.
  • Canter brings more than 20 years of experience serving the independent advisor community, including more than a decade at Fidelity Investments.
  • At Fidelity, Canter led the RIA and Family Office Segments and spearheaded the Practice Management and Consulting practice for Fidelity Institutional.

Pacific Life Teams Up with Fidelity Investments on New Retirement Solution to Provide Guaranteed Lifetime Income

Retrieved on: 
Tuesday, January 30, 2024
Asset Management, Professional Services, Insurance, Finance, Fidelity Investments, SPIA, Social, Retirement, Social Security, Pacific Life, GID, Investment, Lifetime, Fidelity, Education, Pension, Life insurance

Pacific Life announced today a collaboration with Fidelity Investments to provide Pacific Lifetime Income (a single premium immediate annuity or SPIA) for Fidelity's new retirement income solution, Guaranteed Income Direct (GID).

Key Points: 
  • Pacific Life announced today a collaboration with Fidelity Investments to provide Pacific Lifetime Income (a single premium immediate annuity or SPIA) for Fidelity's new retirement income solution, Guaranteed Income Direct (GID).
  • GID is an innovative retirement income solution that allows individuals to convert a portion of their defined contribution plan savings into an annuity, ensuring consistent, guaranteed payments throughout their retirement journey.
  • The solution features institutional pricing and the flexibility for individuals to convert any amount of their retirement plan savings into retirement income.
  • “Pacific Life is excited to collaborate with Fidelity Investments on Guaranteed Income Direct,” said Michael Oler, assistance vice president and head of Pacific Life’s Defined Contribution Lifetime Income team.

Dave Gray Joins Empower as Executive Vice President for Enterprise Solutions

Retrieved on: 
Tuesday, January 30, 2024
Professional Services, Technology, Mobile, Wireless, Finance, Asset Management, Personal Finance, Accounting, Partnership, Tennessee Temple University, Fidelity Investments, The Standard, History, FINRA, Labour, Investment, Acquisition, Fidelity, Workplace, Empower, Series, Standard

Empower announced today that Dave Gray will be joining Empower as executive vice president for enterprise solutions.

Key Points: 
  • Empower announced today that Dave Gray will be joining Empower as executive vice president for enterprise solutions.
  • Gray officially joined Empower on Jan. 29.
  • Gray brings extensive experience in business efficiency and service excellence, organizational transformation, platform modernization and innovation, and product creation resulting in customer acquisition.
  • “Empower has seen tremendous success and continues to innovate,” said Gray.

LA-based Founder & Chief Investment Officer Recognized in InvestmentNews Hot List

Retrieved on: 
Saturday, February 3, 2024
Fidelity, AUA, BlackRock, Fidelity Investments, Mental Healthcare Act, 2017, JPMorgan Chase, Trust, The Hot List, AUM, Financial adviser

LOS ANGELES, Feb. 2, 2024 /PRNewswire/ -- Recognized alongside finance industry titans such as Jamie Dimon (Chairman of the Board, CEO, JPMorgan Chase), Larry Fink (CEO, BlackRock), and Abby Johnson (CEO, Fidelity Investments), Ivan Manuel Illán (Founder & Chief Investment Officer, Aligne Wealth Advisors Investment Management (AWAIM®) has made a significant impact in the financial services industry.

Key Points: 
  • LOS ANGELES, Feb. 2, 2024 /PRNewswire/ -- Recognized alongside finance industry titans such as Jamie Dimon (Chairman of the Board, CEO, JPMorgan Chase), Larry Fink (CEO, BlackRock), and Abby Johnson (CEO, Fidelity Investments), Ivan Manuel Illán (Founder & Chief Investment Officer, Aligne Wealth Advisors Investment Management (AWAIM®) has made a significant impact in the financial services industry.
  • InvestmentNews honored the 100 top movers and shakers in wealth management in this year's inaugural Hot List.
  • The winners were nominated by industry professionals across the country in August 2023 and narrowed down to the top 100 based on their contributions that have helped shape the industry.
  • "Too few financial advisors maintain and share their own investment offering's performance history, due to regulatory complexity and costs related to composite construction and independent annual verification."

NaaS Technology Secured Investment from TAMP Giant Envestnet's Mutual Fund

Retrieved on: 
Friday, February 2, 2024
Carbon, PBW, Invesco, Ali Baba, PMC, EV, TAMP, Envestnet, ETF, Fidelity, Network as a service, ELEC, CCSO, QRG, Financial adviser

BEIJING, Feb. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included within the investment portfolio of PMC Diversified Equity Fund (PMDEX) in the fourth quarter of 2023.

Key Points: 
  • BEIJING, Feb. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included within the investment portfolio of PMC Diversified Equity Fund (PMDEX) in the fourth quarter of 2023.
  • According to recently released SEC Form 13F data on US-based institutional investors, PMDEX, a mutual fund under the umbrella of global Turnkey Asset Management Platform (TAMP) giant Envestnet, has turned its attention to China's charging services market.
  • Envestnet (ENV.US) is one of the world's largest global TAMP platforms, and Envestnet PMC is part of the company's wealth management solutions business.
  • The fund has allocated for NaaS within its consumer retail category alongside other prominent companies such as Amazon, Pinduoduo, JD.com, and Alibaba.

Allied Announces Rob Valerious' Retirement and Welcomes New Chief Strategy Officer Tina Provancal

Retrieved on: 
Thursday, February 1, 2024
Fidelity, Culture, Growth, Retirement, Sadness, Organization, Management

CHICAGO, Feb. 1, 2024 /PRNewswire/ -- Allied Benefit Systems, LLC ("Allied" or the "Company"), a national healthcare solutions company, today announced the upcoming retirement of Rob Valerious, Executive Vice President and Chief Strategy Officer, effective May 15, 2024, after a remarkable 35-year career with Allied.

Key Points: 
  • CHICAGO, Feb. 1, 2024 /PRNewswire/ -- Allied Benefit Systems, LLC ("Allied" or the "Company"), a national healthcare solutions company, today announced the upcoming retirement of Rob Valerious, Executive Vice President and Chief Strategy Officer, effective May 15, 2024, after a remarkable 35-year career with Allied.
  • "It is with both excitement and a tinge of sadness that we announce Rob Valerious' retirement," said Michael Sternklar, Allied's Chief Executive Officer.
  • As Valerious transitions to retirement, Allied welcomes Tina Provancal as its new Chief Strategy Officer, effective April 15, 2024.
  • As Chief Strategy Officer, Provancal will work closely with the Sternklar and the executive leadership team to develop and implement strategic initiatives.

Sarah Gelfand Named President of BlueMark to Lead Next Phase of Growth for Impact Verification Specialist

Retrieved on: 
Thursday, February 1, 2024
Intelligence, Global Impact, Research, Duke University, Mark, AUM, Organization, Data analysis, Professional, Fidelity, Trust, Cryptocurrency

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- BlueMark, an impact investing verification specialist, today named Sarah Gelfand the new President of the firm, with responsibility for co-leading BlueMark's business strategy and team, business and product development efforts, and various market-building and standard-setting initiatives.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- BlueMark, an impact investing verification specialist, today named Sarah Gelfand the new President of the firm, with responsibility for co-leading BlueMark's business strategy and team, business and product development efforts, and various market-building and standard-setting initiatives.
  • Christina Leijonhufvud, CEO of BlueMark, will remain in her role and work closely alongside Gelfand and other senior leaders.
  • "I'm thrilled to take on this increased leadership role at BlueMark, and to help drive the next phase of the firm's growth," said Gelfand. "
  • During Gelfand's tenure, BlueMark has grown to become the leading provider of independent impact verification and intelligence for the impact and sustainable investing market.

Vintage Investment Partners Announces Two New Members of Its Strategic Advisory Board

Retrieved on: 
Tuesday, January 30, 2024
Entrepreneurship, Senior, Presidency of Barack Obama, GBS, National Council, Former, Hadassah Medical Center, Research, Ovarian cancer, Hebrew University of Jerusalem, Bank, Genius, CFA, Bank of Israel, University, LLB, Fidelity, Central Waqf Council, Economics, PGD, P&G, Education, Strauss Group, MIT, Berkshire Partners, Analysis Group, SAB, Bank Leumi, GMO, CDPQ, Finance, Harvard University, Doctor of Philosophy, First Nations in Manitoba, Cincinnati metropolitan area, Defense, IBM Consulting, Bed Bath & Beyond, Teaching, Management

Dr. Haj-Yehia served between 2019-2023 as Executive Group Chairman of Bank Leumi, the largest and oldest bank in Israel.

Key Points: 
  • Dr. Haj-Yehia served between 2019-2023 as Executive Group Chairman of Bank Leumi, the largest and oldest bank in Israel.
  • "I am thrilled to have Samer and Andy join our Strategic Advisory Board.
  • More importantly, both bring unique experience and perspectives to Vintage that we are thrilled to tap", said Alan Feld, Founder and Co-Managing Partner of Vintage.
  • The other members of the Vintage SAB include: Bradley Bloom, Former Chairman and Co-Founder of Berkshire Partners, Mark Dubowitz, CEO, Foundation for the Defense of Democracies, Ambassador S. Fitzgerald Haney, Former U.S.