EFront Alternative Investment Solutions

AllianceBernstein Launches Five New Active ETFs

Retrieved on: 
Wednesday, December 13, 2023

NASHVILLE, Tenn., Dec. 13, 2023 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced today the launch of five active exchange-traded funds (ETFs) on the NASDAQ and New York Stock Exchange (NYSE) Arca: AB Conservative Buffer ETF [NASDAQ: BUFC], AB Tax-Aware Intermediate Municipal ETF [NYSE: TAFM], AB Tax-Aware Long Municipal ETF [NYSE: TAFL], AB Corporate Bond ETF [NASDAQ: EYEG], and AB Core Plus Bond ETF [NASDAQ: CPLS].

Key Points: 
  • "On the heels of crossing the $1 billion threshold in active ETF AUM, these new ETFs will provide clients with a broadened suite of versatile products, built to help investors navigate the evolving market cycles we see coming in 2024 and beyond," said AB's Global Head of ETFs and Portfolio Solutions Noel Archard.
  • BUFC invests in a combination of exchange-traded options contracts on an underlying ETF (an ETF that seeks to track the investment results of the S&P 500 Index*).
  • BUFC distinguishes itself from other buffered products with option resets done on a rolling basis, a proprietary ratchet feature and dynamic first loss provision.
  • Each of TAFM and TAFL pursues its objective by investing principally in a national portfolio of both municipal and taxable fixed-income securities.

AllianceBernstein Announces Global Head of Investments

Retrieved on: 
Tuesday, December 12, 2023

NASHVILLE, Tenn., Dec. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment firm with $696 billion in assets under management, today announced that AB's Head of Equities Chris Hogbin will assume a newly created role of Global Head of Investments, effective January 1, 2024.

Key Points: 
  • NASHVILLE, Tenn., Dec. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment firm with $696 billion in assets under management, today announced that AB's Head of Equities Chris Hogbin will assume a newly created role of Global Head of Investments, effective January 1, 2024.
  • Nelson Yu, a 26-year AB veteran with nearly 30 years of global equity markets investment experience, will succeed Mr. Hogbin as Head of Equities.
  • Mr. Hogbin is an 18-year AB veteran who brings extensive experience and a global perspective to this role.
  • In 2019, he was promoted to Co-Head of Equities, becoming Head of Equities in 2020.

Sun Life Global Investments' Oricia Smith named one of Wealth Professional's Top 50 Leading Women in Wealth

Retrieved on: 
Wednesday, November 29, 2023

This strategy is powering Sun Life Global Investments in becoming one of the fastest-growing retail and institutional managers in Canada."

Key Points: 
  • This strategy is powering Sun Life Global Investments in becoming one of the fastest-growing retail and institutional managers in Canada."
  • Oricia has been at the forefront of Sun Life Global Investments' Client-centric business model, delivering tailored and sustainable retirement solutions and products.
  • Leading both an asset management company and an insured wealth product business, Oricia oversees investment outcomes totaling over $54B of Clients' capital.
  • As responsible stewards of capital, Oricia is leading Sun Life Global Investments to advocate for industry-wide change to keep the planet healthy and economies strong.

Can you guarantee your retirement income if you live until 75? What about 100? Sun Life can help make it possible

Retrieved on: 
Tuesday, November 21, 2023

Sun Life takes steps to empower, educate and inspire Canadians to achieve equity and plan for a prosperous retirement.

Key Points: 
  • Sun Life takes steps to empower, educate and inspire Canadians to achieve equity and plan for a prosperous retirement.
  • "At Sun Life Global Investments, we're focused on helping Canadians build wealth and manage their financial risks.
  • But, according to the recent Sun Life survey, only 12% of Boomer women own at least one guaranteed income retirement product, compared to 24% of Boomer men.
  • Life looks different when you save for retirement: No matter what life stage you're in, now is the time to prepare for retirement.

Luma Financial Technologies Partners with RetireOne® to Enhance RIA Access and Transparency in Annuity Solutions

Retrieved on: 
Thursday, November 16, 2023

SAN FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Luma Financial Technologies ("Luma"), an award-winning global independent alternative investment platform, announced today their partnership with RetireOne® , the leading independent platform for fee-based insurance solutions.

Key Points: 
  • SAN FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Luma Financial Technologies ("Luma"), an award-winning global independent alternative investment platform, announced today their partnership with RetireOne® , the leading independent platform for fee-based insurance solutions.
  • The partnership between Luma and RetireOne prioritizes RIAs, combining Luma's pioneering annuity product evaluation tools with accessibility to an array of the best in-class advisory solutions RetireOne offers.
  • "We are thrilled to be increasing annuity access on our platform to non-insurance licensed RIAs and fee-based advisors seeking insurance solutions to their clients," said Brady Beals , Director of Investment Solutions at Luma Financial Technologies.
  • For more information on Luma Financial Technologies and their market-leading annuity selection functionality, please visit Luma's website .

Qraft Technologies Announces Simon Lee as Managing Director of Business Development

Retrieved on: 
Thursday, September 28, 2023

Qraft Technologies , a leading invest-tech company developing artificial intelligence (AI) solutions, has announced the hiring of Simon Lee, a veteran financial services executive, as its new Managing Director of Business Development in the APAC region.

Key Points: 
  • Qraft Technologies , a leading invest-tech company developing artificial intelligence (AI) solutions, has announced the hiring of Simon Lee, a veteran financial services executive, as its new Managing Director of Business Development in the APAC region.
  • View the full release here: https://www.businesswire.com/news/home/20230928186996/en/
    Simon Lee, Managing Director of Business Development at Qraft Technologies.
  • "My profound interest in AI and quantitative investing resonates with Qraft Technologies' position as a forward thinking leader in the space on a global scale,” Lee remarks.
  • “His appointment marks a pivotal moment for Qraft Technologies as we continue to expand our presence in the APAC region.”
    As Lee steps into the role of Managing Director of Business Development for the APAC region, Qraft Technologies strategically positions itself to catalyze exponential growth, foster innovation, and continually reshape the investment landscape.

Stellus Capital Management, LLC Appoints Zachary Roberson as Vice President, Director of High-Net-Worth Investor Relations

Retrieved on: 
Wednesday, September 20, 2023

Stellus Capital Management, LLC (“Stellus”) today announced the hiring of Zachary Roberson as Vice President, Director of High-Net-Worth Investor Relations.

Key Points: 
  • Stellus Capital Management, LLC (“Stellus”) today announced the hiring of Zachary Roberson as Vice President, Director of High-Net-Worth Investor Relations.
  • “We are pleased to welcome Zack to Stellus,” said Ryan Hughes, Managing Director, Head of Investor Relations at Stellus.
  • His main focus was raising capital across Carlyle's vast platform consisting of Private Equity, Private Credit, and Investment Solutions business lines.
  • “I am excited to join Stellus and help the firm execute its strategic vision as it relates to the Private Wealth space,” said Mr. Roberson.

Church Pension Group to Host Virtual Conversation on Global Faith-Based Investors and the Climate Crisis

Retrieved on: 
Wednesday, September 6, 2023

The Church Pension Group (CPG), a financial services organization that serves The Episcopal Church, announced that it will host a virtual conversation entitled, Global Faith-Based Investors and the Climate Crisis , on Wednesday, September 20, 2023 from 1:00 PM to 2:00 PM ET.

Key Points: 
  • The Church Pension Group (CPG), a financial services organization that serves The Episcopal Church, announced that it will host a virtual conversation entitled, Global Faith-Based Investors and the Climate Crisis , on Wednesday, September 20, 2023 from 1:00 PM to 2:00 PM ET.
  • Attendees will discover the connection between faith-based beliefs and sustainable investment activity that positively addresses the climate crisis.
  • View the full release here: https://www.businesswire.com/news/home/20230905525649/en/
    The Church Pension Group, a financial services organization that serves The Episcopal Church, announced that it will host a virtual conversation entitled, Global Faith-Based Investors and the Climate Crisis, on Wednesday, September 20, 2023 from 1:00 PM to 2:00 PM ET.
  • Attendees will discover the connection between faith-based beliefs and sustainable investment activity that positively addresses the climate crisis.

CoastalOne Taps Financial Services Leader Yanni V. Bousnakis, CFA to Fill Newly Created Role of Chief Product Officer

Retrieved on: 
Tuesday, September 5, 2023

WILMINGTON, Del., Sep. 5, 2023 /PRNewswire/ -- CoastalOne, an exclusive wealth management firm for independent advisors, today announced industry leader Yanni V. Bousnakis, CFA has joined the firm as its Chief Product Officer. Mr. Bousnakis, whose bona fides include leadership roles at Kestra Financial, Cetera and LPL Financial, will oversee CoastalOne's efforts to significantly expand its wealth management capabilities, including its investment advisory solutions. He will report directly to CoastalOne's Chief Executive Officer, Kevin Keefe.

Key Points: 
  • WILMINGTON, Del., Sep. 5, 2023 /PRNewswire/ -- CoastalOne , an exclusive wealth management firm for independent advisors, today announced industry leader Yanni V. Bousnakis, CFA has joined the firm as its Chief Product Officer.
  • Mr. Bousnakis, whose bona fides include leadership roles at Kestra Financial, Cetera and LPL Financial, will oversee CoastalOne's efforts to significantly expand its wealth management capabilities, including its investment advisory solutions.
  • He will report directly to CoastalOne's Chief Executive Officer, Kevin Keefe.
  • "Yanni brings 20-plus years of product strategy and front-line platform development expertise to this new role.

ACE & Company's Buyout Strategy Maintains Brisk Investment Pace, Completing Five New Investments in 2023

Retrieved on: 
Tuesday, September 5, 2023

In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.

Key Points: 
  • In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.
  • ACE Buyout IV (Fund IV), launched in 2020, closed its twenty-ninth and final investment in Q2 of this year, completing its investment deployment on schedule.
  • ACE Buyout V (Fund V) held its first closing in Q2 2023 and immediately began deploying capital.
  • ACE Buyout leverages its team's deep sponsor network and sector expertise while harnessing intellectual capital across ACE's various global businesses.