CARY | Jotup

Angel Oak Capital Advisors Completes Conversion of Two Mutual Funds to ETFs

Retrieved on:

Tuesday, February 20, 2024

Finance, Consulting, Banking, Accounting, Professional Services, Name, ETF, AUM, MBS, CARY, Angel, RMBS, Financial adviser

Angel Oak Capital Advisors, LLC , an investment management firm that specializes in value-driven structured credit investing, announced the completed conversions of two of its mutual funds to exchange-traded funds.

Key Points:

Angel Oak Capital Advisors, LLC , an investment management firm that specializes in value-driven structured credit investing, announced the completed conversions of two of its mutual funds to exchange-traded funds.
The Angel Oak High Yield Opportunities Fund, which, as of 1/31/24, received a 5-Star Overall Morningstar Rating based on risk-adjusted returns out of 614 high yield bond funds, and the Angel Oak Total Return Bond Fund are ETFs as of February 16.
The funds’ new names are Angel Oak High Yield Opportunities ETF (NYSE: AOHY) and Angel Oak Mortgage-Backed Securities ETF (NYSE: MBS), respectively.
The conversion underscores the positive momentum for Angel Oak’s ETF platform since launching in November of 2022.

RAILPULSE AND NEXXIOT ANNOUNCE AGREEMENT TO ACCELERATE RAILCAR TELEMATICS ADOPTION

Retrieved on:

Thursday, March 7, 2024

Behavior, Safety, Telemetry, GPS, EVP, CARY, Software, Rail transport

CARY, N.C. and DALLAS, March 7, 2024 /PRNewswire/ -- RailPulse, founded by a dynamic consortium of forward-thinking railcar owners dedicated to transforming the rail sector through accelerating the use of GPS and other telematics technologies, and Nexxiot, a leading provider of railcar telematics solutions, today announced an agreement that will make it easier for railcar owners to access Nexxiot's products and services and join the RailPulse platform.

Key Points:

The agreement, effective as of January 5, 2024, allows RailPulse to act as a non-exclusive reseller of Nexxiot's hardware devices, software, and services to RailPulse customers within North America.
The goal is to simplify the process of procuring telemetry solutions for railcar owners who want to be part of the RailPulse community, not to generate profit for RailPulse.
Nexxiot has proven to be a valuable and trusted partner, and the agreement further enables them to deliver products and services to the RailPulse customers.
"Nexxiot is a leader in railcar telematics and has a proven track record of delivering high-quality products and services to the rail industry.

Illinois Blower, Inc. Announces Rebrand and Merger to IB International, Inc.

Retrieved on:

Monday, February 12, 2024

CARY, Engineering, Atmosphere, Renewable energy

CARY, Ill., Feb. 12, 2024 /PRNewswire/ -- Illinois Blower, Inc., a leading force in engineered fans and blowers, announces the merger of its three subsidiary companies into one comprehensive offering: IB International, Inc.

Key Points:

CARY, Ill., Feb. 12, 2024 /PRNewswire/ -- Illinois Blower, Inc., a leading force in engineered fans and blowers, announces the merger of its three subsidiary companies into one comprehensive offering: IB International, Inc.
The move to IB International signifies the commitment to expanding beyond traditional fan offerings to a more comprehensive suite of air and gas moving solutions.
"We believe that this rebrand is a significant step toward a more efficient and customer-centric approach," adds Jim Johnson, President of IB International.
For more information about IB International and how they solve demanding challenges with comprehensive air moving solutions, visit ib-int.com .

SAS channel leader John Carey recognized as 2024 CRN Channel Chief

Retrieved on:

Monday, February 5, 2024

Editing, Autodesk, Growth, SAS, The Channel Company, CRN, CARY

CARY, N.C., Feb. 5, 2024 /PRNewswire/ -- SAS Vice President of Global Channels John Carey has been named to the prestigious 2024 CRN® Channel Chiefs list by CRN, a brand of The Channel Company. The honor recognizes IT vendor and distribution executives who drive strategy and set the channel agenda for their companies.

Key Points:

The list celebrates exceptional leadership, innovation and growth in the IT channel industry
CARY, N.C., Feb. 5, 2024 /PRNewswire/ -- SAS Vice President of Global Channels John Carey has been named to the prestigious 2024 CRN® Channel Chiefs list by CRN , a brand of The Channel Company.
Under Carey, channels play an increasingly heavy role in SAS' future, with partners as accelerators and innovators.
Carey oversees SAS' powerful channel ecosystem, encompassing more than 1,700 unique partners across 97 countries.
CRN's 2024 Channel Chiefs list will be featured in the February 2024 issue of CRN® Magazine and online.

Angel Oak Capital Advisors Continues Success With ETF Platform as Angel Oak Income ETF Crosses $100 Million in Assets Under Management

Retrieved on:

Wednesday, January 24, 2024

Professional Services, Finance, Consulting, Asset Management, Banking, Accounting, ETF, Traction, CARY, RMBS, Angel Oak, Growth

Angel Oak Capital Advisors LLC (Angel Oak), an investment management firm that specializes in value-driven structured credit, announced that the firm continues to find traction in its fast-growing exchange-traded fund platform with the Angel Oak Income ETF (NYSE: CARY) crossing $100 million in assets under management.

Key Points:

Angel Oak Capital Advisors LLC (Angel Oak), an investment management firm that specializes in value-driven structured credit, announced that the firm continues to find traction in its fast-growing exchange-traded fund platform with the Angel Oak Income ETF (NYSE: CARY) crossing $100 million in assets under management.
The firm launched its first ETF in October 2022 and now has more than $220 million in assets across CARY and UYLD (Angel Oak UltraShort Income ETF, the firm’s short-duration credit ETF), and oversees approximately $350 million through its sub-advisory service.
With a moderate-duration profile, CARY serves as an income solution for advisers and institutions seeking access to the unique asset class of non-agency residential mortgage-backed securities in a highly liquid format.
The fund also provides exposure to other structured credit assets, including consumer asset-backed securities, collateralized loan obligations, and agency RMBS.

Angel Oak Capital Advisors Names Namit Sinha as Chief Investment Officer

Retrieved on:

Friday, January 12, 2024

Finance, Consulting, Banking, Professional Services, Asset Management, ETF, CARY, CFA, RMBS, Portfolio management, Angel Oak, CIO, Growth, Namets!

Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu.

Key Points:

Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu.
Mr. Sinha has served as the Chief Investment Officer of the firm’s private strategies division since February 2020 and has more than 20 years of experience in fixed income products, specifically mortgage and structured credit.
“Namit will serve as an excellent CIO for Angel Oak Capital Advisors and brings valuable insight from the private strategies side that will be instrumental in leading the full investment management team and charting the investment landscape for 2024 and beyond,” said Prabhu.
“We’re extremely appreciative of Sam’s and Colin’s dedication to growing Angel Oak for more than a decade, as they’ve helped turn Angel Oak into a global leader in structured credit solutions,” said Prabhu.

SAS a credit portfolio management leader, per Chartis

Retrieved on:

Tuesday, December 19, 2023

Category, SAS, Acquisition, CPM, CARY, KRM, ESG, Asset, Investment, Data management, Intelligence, KRIS, Senior, Risk management

CARY, N.C., Dec. 19, 2023 /PRNewswire/ -- AI and analytics leader SAS has landed in the prestigious Category Leader quadrant in Chartis' Credit Portfolio Management Solutions, 2023: Market and Vendor Landscape. The complementing vendor analysis extols SAS' seamless integration of "data and analytics into every phase of the customer journey," enabling finserv firms to "extract maximum value from their investments."

Key Points:

Chartis' quadrant report is the foremost evaluation of the global credit portfolio management (CPM) market and includes 35 leading vendors.
"The integration of Kamakura Risk Manager and KRIS® into the SAS® Viya® platform has significantly strengthened SAS' industry-leading risk management solutions portfolio," said Sidhartha Dash, Chief Researcher at Chartis.
"SAS' analytical depth and versatility, from data management and credit scoring to risk modeling and compliance, gives risk managers a deep understanding of the intricate dynamics shaping their credit portfolio risk.
SAS Risk Modeling and Decisioning "combines enterprise data management and the breadth and depth of SAS' risk analytics with intuitive decision authoring for real-time portfolio monitoring and decision-making," according to the vendor analysis.

Fathom Holdings Announces Leadership Succession Plan

Retrieved on:

Monday, November 13, 2023

Human, Chair, CFO, Chairperson, Insurance, Culture, Fregenal de la Sierra, Partnership, Software as a service, CARY, Growth, EHealth, Management, Fathom

CARY, N.C., Nov. 13, 2023 /PRNewswire/ -- Fathom Holdings Inc. (Nasdaq: FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents, today announced a leadership succession plan to support the Company's next chapter of growth. Following a thoughtful succession planning process, with Joshua Harley's endorsement, Fathom's Board of Directors has appointed President and Chief Financial Officer (CFO) Marco Fregenal to the role of Chief Executive Officer (CEO), succeeding Joshua Harley, who also stepped down as Board Chair for family reasons.

Key Points:

Harley founded Fathom Holdings in 2010 as an innovative, asset-light, technology-enabled business designed to endure all market environments while empowering agents to realize their full business and earning potential.
Under his leadership, Fathom has diversified its market presence, delivered innovative sustainable technologies, and completed multiple acquisitions, which have collectively contributed to record results.
Flanders, added: "Today's announcement represents the culmination of a thorough succession planning process, and we are confident Marco's appointment ensures continuity of strategy, leadership, and financial performance.
Josh has been instrumental in growing Fathom's presence nationwide, and we're deeply grateful for his leadership and guidance.

Fathom Realty Continues to Grow Agent Network in Massachusetts

Retrieved on:

Monday, November 6, 2023

Insurance, Growth, CARY, Fathom, Software as a service, Practice of law

Council Realty gains access to an unparalleled suite of resources, innovative technologies, and comprehensive support systems by joining the Fathom Realty family.

Key Points:

Council Realty gains access to an unparalleled suite of resources, innovative technologies, and comprehensive support systems by joining the Fathom Realty family.
We are excited to be part of the Fathom family," said Marvin Council, Founder of Council Realty.
Fathom Realty is committed to seamless integration and smooth transition for Council Realty agents and their clients.
The shared vision of both companies revolves around delivering exceptional experiences and cultivating lasting relationships within the Council Realty.

OncoHost to Present Proteomics-Based Predictive Biomarker for Immune-Related Adverse Events in NSCLC Patients at SITC 2023

Retrieved on:

Tuesday, October 31, 2023

BINYAMINA, Israel and CARY, N.C., Oct. 31, 2023 /PRNewswire/ -- OncoHost, a technology company transforming the approach to precision medicine for improved patient outcomes, has developed a novel computational model for predicting significant immune-related adverse events (irAEs) in patients with non-small cell lung cancer (NSCLC) based on proteomic profiling of pre-treatment blood samples. The study was conducted using OncoHost's PROphet® platform and will be presented as a poster at the Society for Immunotherapy of Cancer's (SITC) 38th Annual Meeting.

Key Points:

The study was conducted using OncoHost's PROphet® platform and will be presented as a poster at the Society for Immunotherapy of Cancer's (SITC) 38th Annual Meeting.
IrAEs can manifest at any point during a patient's treatment, with the highest incidence occurring within the first three months.
We are excited about these results and look forward to improving the overall quality of cancer care for patients worldwide."
OncoHost's predictive model was developed on a cohort of 426 ICI-treated NSCLC patients taking part in the company's ongoing, multicenter PROPHETIC clinical trial ( NCT04056247 ).