RESOLUTE

American Beacon Advisors Partners With Man AHL to Launch Firm’s First ETF

Retrieved on: 
Thursday, August 31, 2023

American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today the launch of its first exchange-traded fund – the American Beacon AHL Trend ETF (“the ETF”) (Ticker: AHLT) – in addition to its latest mutual fund offering, the American Beacon AHL Multi-Alternatives Fund (“the Fund”) (R6 Class: AHMRX; Y Class: AHMYX; A Class: AHMAX; C Class: AHMCX).

Key Points: 
  • American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today the launch of its first exchange-traded fund – the American Beacon AHL Trend ETF (“the ETF”) (Ticker: AHLT) – in addition to its latest mutual fund offering, the American Beacon AHL Multi-Alternatives Fund (“the Fund”) (R6 Class: AHMRX; Y Class: AHMYX; A Class: AHMAX; C Class: AHMCX).
  • London-based AHL Partners LLP (“Man AHL”), a part of the global active investment manager, Man Group plc, will serve as sub-advisor for both funds.
  • The American Beacon AHL Trend ETF, which also marks Man AHL’s entrance into the ETF market, will deploy an active, quantitative and systematic trading strategy.
  • Over the last nine-plus years of working together, we’ve focused on delivering a better client experience in the liquid alternatives space and we will strive to continue doing the same in the future.”
    For more information about the American Beacon AHL Trend ETF or the American Beacon AHL Multi-Alternatives Fund, visit www.americanbeaconfunds.com .

The Paper Excellence Group Announces Renewed Business Unit Structure

Retrieved on: 
Friday, July 28, 2023

RICHMOND, BC, July 28, 2023 /PRNewswire/ - The Paper Excellence Group (Paper Excellence) today announced its updated organizational structure for its business units following the recent acquisitions of Resolute Forest Products in March 2023 and Domtar in November 2021.

Key Points: 
  • RICHMOND, BC, July 28, 2023 /PRNewswire/ - The Paper Excellence Group (Paper Excellence) today announced its updated organizational structure for its business units following the recent acquisitions of Resolute Forest Products in March 2023 and Domtar in November 2021.
  • Steve Henry, currently Domtar's Executive Vice President and Chief Operating Officer, has been named President of the Paper & Packaging business unit with responsibility for all legacy Domtar pulp, paper and packaging operations as well as Paper Excellence Canada's Port Alberni and Crofton mills.
  • The leader of the Pulp & Tissue business unit consisting of all legacy Resolute pulp, paper and tissue operations as well as the non-integrated Paper Excellence Canada pulp mills will be announced at a later date.
  • Mr. Tremblay and Mr. Lafave will serve as co-leaders of the business unit until a permanent leader is named.

STUDY FINDS SOFT EMPLOYEE BENEFITS, TRUST AMONG LEADING FACTORS IN WORKFORCE RETENTION

Retrieved on: 
Tuesday, July 25, 2023

The study surveyed employed and unemployed workers primarily in the retail, hospitality, construction and healthcare industries.

Key Points: 
  • The study surveyed employed and unemployed workers primarily in the retail, hospitality, construction and healthcare industries.
  • In identifying factors that were "very important" elements of a job, 57% of respondents cited job security and clear expectations.
  • "The reality is workforce recruitment and retention are no longer just HR functions.
  • To receive additional insights, sign up for Resolute's workforce recruitment and retention marketing newsletter: www.resolutepr.com/workforce-research

Resolute Investment Managers Announces Recapitalization to Strengthen Capital Structure

Retrieved on: 
Monday, July 17, 2023

Resolute Investment Managers, Inc. (“Resolute” or the “Company”), a diversified, multi-affiliate asset management platform with more than 30 affiliated and independent relationships, today announced that it has entered into a definitive agreement with all of its lender groups, including its first-lien and second-lien debtholders, and its equity sponsors regarding a recapitalization transaction that will address upcoming debt maturities and strengthen the Company’s capital structure.

Key Points: 
  • Resolute Investment Managers, Inc. (“Resolute” or the “Company”), a diversified, multi-affiliate asset management platform with more than 30 affiliated and independent relationships, today announced that it has entered into a definitive agreement with all of its lender groups, including its first-lien and second-lien debtholders, and its equity sponsors regarding a recapitalization transaction that will address upcoming debt maturities and strengthen the Company’s capital structure.
  • The transaction agreement provides that Resolute’s first-lien lenders will exchange existing debt for new debt and equity.
  • “Today’s announcement of a comprehensive recapitalization of Resolute’s capital structure is an important milestone that puts our firm on stronger financial footing for the future as we remain focused on providing our clients with innovative and differentiated investment solutions,” said Jeffrey K. Ringdahl, President and CEO of Resolute.
  • No changes to the day-to-day management, operations, or personnel of Resolute and its affiliates are anticipated.

Marketing During a Recession: Thrive, Don't Just Survive

Retrieved on: 
Monday, July 17, 2023

It may seem counterproductive, but maintaining a marketing spend during an economic downturn leads to increased brand awareness, workforce retention, and long-term growth."

Key Points: 
  • It may seem counterproductive, but maintaining a marketing spend during an economic downturn leads to increased brand awareness, workforce retention, and long-term growth."
  • By investing in marketing, businesses can stay top of mind with consumers, which increases chances of being considered during purchasing decisions.
  • By investing in marketing, businesses can gather data on marketing trends and adjust strategies accordingly, ensuring they remain relevant and meet customer's needs.
  • Continued marketing outreach and strategy development can help you thrive, not just survive, and outlast an economic recession or downturn.

Resolute Software Pioneers Healthcare Modernization: Transforming a Legacy App for Thousands of Medical Professionals

Retrieved on: 
Wednesday, May 24, 2023

SAVANNAH, Ga., May 24, 2023 /PRNewswire/ -- A global manufacturer of diagnostic imaging and radiopharmaceutical products needed help updating their legacy desktop application. With over 100 years of healthcare industry experience and around 50 000 employees globally, the client is in the business of digitizing healthcare and improving outcomes for patients, providers, and researchers around the world. They had been using the legacy desktop application, giving access to a large-scale database, for more than 15 years. Together with Resolute Software, they embarked on a multi-phased engagement to modernize this desktop application including discovery, assessment, development, and testing.

Key Points: 
  • Resolute Software – a value-driven consulting company, played a pivotal role in the modernization of a major legacy desktop application used by tens of thousands of medical professionals worldwide.
  • SAVANNAH, Ga., May 24, 2023 /PRNewswire/ -- A global manufacturer of diagnostic imaging and radiopharmaceutical products needed help updating their legacy desktop application.
  • They had been using the legacy desktop application, giving access to a large-scale database, for more than 15 years.
  • Together with Resolute Software, they embarked on a multi-phased engagement to modernize this desktop application including discovery, assessment, development, and testing.

Home Tax Solutions and Resolute Form Partnership to Help Texans with Property Tax Relief

Retrieved on: 
Tuesday, April 25, 2023

DALLAS, April 25, 2023 /PRNewswire/ -- The largest Property Tax Loan Specialist in Texas, Home Tax Solutions (HTS), joins in partnership with property tax protest experts, Resolute .

Key Points: 
  • DALLAS, April 25, 2023 /PRNewswire/ -- The largest Property Tax Loan Specialist in Texas, Home Tax Solutions (HTS), joins in partnership with property tax protest experts, Resolute .
  • Home Tax Solutions and Resolute Property Tax are trusted leaders in the property tax loans and appeals world.
  • Our combined experience, excellent work ethic, and talent are what we offer any property owner in Texas seeking property tax help."
  • Home Tax Solutions was founded to provide property tax relief for Texans so they can get back to their lives, worry free.

Domtar Announces Sale of Dryden Mill

Retrieved on: 
Tuesday, February 28, 2023

Domtar Corporation, a part of the Paper Excellence Group, and First Quality Enterprises, Inc. today announced that they have entered into an agreement to sell Domtar’s Dryden pulp mill to First Quality.

Key Points: 
  • Domtar Corporation, a part of the Paper Excellence Group, and First Quality Enterprises, Inc. today announced that they have entered into an agreement to sell Domtar’s Dryden pulp mill to First Quality.
  • The sale of the Dryden Mill is a requirement under the consent agreement between Domtar and the Canadian Competition Bureau in connection with its review of Domtar’s planned acquisition of Resolute.
  • The sale is subject to regulatory conditions, including approval by the Commissioner of Competition and clearance under the Hart-Scott-Rodino Act.
  • BMO Capital Markets is acting as exclusive financial advisor to Domtar, and McCarthy Tétrault LLP, and McMillan LLP are acting as legal advisors.

EP Wealth Advisors® Increases Presence in New England Through Partnership with Massachusetts-Based Resolute Financial, LLC

Retrieved on: 
Wednesday, February 22, 2023

EP Wealth Advisors, LLC (“EP Wealth”), a leading independent registered investment adviser (“RIA”) on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has partnered with Resolute Financial, LLC (“Resolute”).

Key Points: 
  • EP Wealth Advisors, LLC (“EP Wealth”), a leading independent registered investment adviser (“RIA”) on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has partnered with Resolute Financial, LLC (“Resolute”).
  • Resolute has two offices in Massachusetts and one in New Hampshire, and marks EP’s fourth East Coast partnership since Sept. 2022.
  • Resolute is led by Chuck Johnson, Tom Dwyer and Bill Simpson, who will all join EP Wealth as Senior Wealth Advisors.
  • Since taking a minority investment from Wealth Partners Capital Group (“WPCG”) in July 2017, EP Wealth now has more than 30 offices across 11 states coast-to-coast.

Resolute Software Continues Momentum with 100% YoY Growth and New Service Offerings

Retrieved on: 
Thursday, February 2, 2023

SOFIA, Bulgaria, Feb. 2, 2023 /PRNewswire/ -- Resolute Software, a company that specializes in consulting Fortune 500 companies on technology strategy and transformation, continues to gain momentum, doubling in size and adding cutting-edge development expertise in Microsoft Blazor, React and React Native to support the evolving needs of its growing customer base. Resolute offers holistic software development and consulting services by focusing on agile, continuous, and predictable development of custom solutions. Backed by its in-depth industry know-how and outstanding technological expertise, the company helps organizations modernize and expand their digital footprint. With additional support from Blazor and React, the company can now provide the sought-after development skills and knowledge for building extremely high-quality, interactive digital projects leveraging these increasingly popular technologies.

Key Points: 
  • Resolute offers holistic software development and consulting services by focusing on agile, continuous, and predictable development of custom solutions.
  • Backed by its in-depth industry know-how and outstanding technological expertise, the company helps organizations modernize and expand their digital footprint.
  • This announcement comes on the heels of Resolute adding React and React Native Development Services to its growing list of offerings.
  • "At Resolute, we have always focused on creating relationships with our customers and becoming their technology partners for the long-term," said Veli Pehlivanov, CTO.