12/07/2020
Demand grows for student-led impact investment funds
Universities offer ethical fund-management experiences as part of studies, but finding a related job is tough
Alternative Investments
12/07/2020
Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington
Wellington has developed a virtual marketplace offering that includes an easy-to-use agent portal and unique pricing flexibility, resulting in competitive products and superior underwriting performance.
12/04/2020
Mayflower Advisors Celebrates 15-Year Milestone With Recent Independent RIA Launch
This strategic shift to a fiduciary approach affirms Mayflower Advisors' autonomy and positions the firm to best meet clients' evolving financial needs with a flexible, scalable infrastructure and custom planning solutions.
12/04/2020
KKR Grows Real Estate Industrial Portfolio in Texas with News Acquisitions in Dallas and Houston
The two properties are the latest industrial assets acquired by KKR’s core plus real estate strategy, growing its total industrial real estate portfolio to approximately 7.2 million square feet.
12/03/2020
Australia’s Macquarie to buy Waddell & Reed Financial for $1.7 billion
The acquisition of Waddell & Reed’s asset management business and our partnership with LPL significantly strengthens our position as a top 253 actively managed, long-term, open-ended US mutual fund manager by assets under management across equit
12/03/2020
Waddell & Reed has announced that it has entered into a merger agreement with
Waddell & Reed Financial, Inc.’s asset management business had $68 billion of assets under management and its wealth management business had assets under administration of $63 billion.
12/03/2020
Chubb Launches New Report Examining Impact of COVID-19 on Homeowners and Property Risk
Fourth annual survey of homeowners identifies which risks have increased and what new threats have emerged since the onset of a global pandemic
12/02/2020
Defined Contribution Plan Advisors Get Investment Expertise and Operational Efficiency as Wilmington Trust and Neuberger Berman Partner on Collective Investment Trusts
Through this alliance, plan advisors may also benefit from greater operational efficiencies so they can more effectively work across their entire book of business.
12/02/2020
Hedge Fund Veteran Chris James to Start Impact-Investing Firm
Engine No. 1 is expected to raise outside capital next year
12/02/2020
Why This Manager Thinks the 2020s Will Be a ‘Second Golden Age’ for Hedge Funds
Dynamic Beta’s Andrew Beer argues that the next decade will be more like the “golden years” of the 2000s than the passive-dominated 2010s.
12/01/2020
RIAs rethink compensation, benefits amid pandemic
Sekhar explains that many first-generation RIAs were launched by founders who came from a wirehouse or a similar environment
12/01/2020
Latin American private pensions fuel cross-border demand
Latin American pension funds increased their allocations to cross-border securities by 19% in 2019, according to a new report from Cerulli Associates.
11/30/2020
Top 5 FinTech funding rounds in the Americas: November 2020
Hippo Insurance Services is on a mission to transform home insurance for the modern household.
11/30/2020
Three factors in determining your ideal retirement age
Ideal retirement age is determined by your ability to meet lifestyle cash needs with guaranteed income and the cash produced by your investments.
11/30/2020
Top Retirement Strategies for Government Employees
Federal government employees are covered by different retirement systems depending on when they were hired.
11/30/2020
Arthur J. Gallagher & Co. Acquires JP Warner Associates, Inc.
Terms of the transaction were not disclosed.
11/30/2020
Blackstone Announces Agreement to Acquire DCI, a Pioneer in Technology-driven, Quantitative Credit Investing
The firm, based in San Francisco, applies a proprietary, fundamental-based, technology-driven model to deliver differentiated returns to clients.
11/27/2020
A Lesson in Captives
Although not every country within the Latin America region is excelling, Colombia and Mexico are leading the way.
11/27/2020
US Evaluating $2 Billion Investment in Indonesian Sovereign Wealth Fund
A sovereign wealth fund is a government-owned investment pool of foreign currency reserves.
11/27/2020
Scotia Global Asset Management announces estimated year-end reinvested distributions for Scotia Strategic ETF Portfolios Fran
These are estimated distributions of undistributed net income and/or capital gains.