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Alternative Investments

11/01/2021

Franklin Resources Announces Preliminary Fourth Quarter and Fiscal Year Results

Preliminary operating income was $531.5 million for the quarter ended September 30, 2021, as compared to $478.1 million for the previous quarter and $103.6 million in the prior year.

11/01/2021

Franklin Templeton to Acquire Lexington Partners

Growing market sector with long-term potential to extend access of private asset classes to additional investors

10/29/2021

Scotia Global Asset Management announces securityholder meeting approval on certain ScotiaFunds changes

The Merger and Investment Objective Changes are expected to become effective on or about November 8, 2021.

10/29/2021

Lincoln Financial, NPPG and Morningstar Investment Management Bring Retirement Plan Options to Business Owners Through a Pooled Employer Plan

Pooled Employer Plan (PEP) from industry leaders supports talent retention and attraction for business owners with easier access to a qualified retirement plan and protected income investments

10/29/2021

Citi Announces $1 Billion Social Finance Bond Offering to Advance Social Initiatives Globally

Citi to Expand Access to Essential Services for 15 Million Households, Including 10 Million Women, Globally by 2025

10/29/2021

Lazard Ltd Reports Third-Quarter and Nine-Month 2021 Results

Operating revenue was $702 million for the third quarter of 2021

10/28/2021

CBIA / Lawyers Financial Partners with Fiera Capital for Discretionary Wealth Management

The partnership will enable CBIA/Lawyers Financial to offer access to discretionary wealth management by referring lawyers with $1 million+ of investable assets to Fiera Capital.

10/28/2021

Apex provides fund administration to Midtown Capital Partners

This latest appointment to deliver fund administration services follows a period of record new business growth for Apex’s Americas region.

10/27/2021

Mackenzie Investments selects Bloomberg to automate ETF management

As a result of its adoption of PORT Enterprise, there has been minimal need for increased resources for Mackenzie to manage its expanding ETF business, which has grown to more than CAD 11 billion in just over five years.

10/27/2021

BMO Harris launches Savings Builder

The personal Savings Builder account has no monthly maintenance fee and only requires a minimum opening deposit of $25.

10/26/2021

Introducing ‘Business Class: Build It Braver,’ a new podcast for savvy entrepreneurs from American Express

“Learning the stories of fellow business owners and picking the brains of top business talents has been truly inspiring,”

10/26/2021

PNC Treasury Management Launches Capabilities For Industry-Leading Corporate Banking Platform

PINACLE Connect and PINACLE Payee Account Validation streamline corporate banking experience

10/26/2021

Invesco Reports Results for the Three Months Ended September 30, 2021

Invesco Announces Third Quarter Diluted EPS of $0.71; Adjusted Diluted EPS(1) of $0.77

10/25/2021

GFH starts strategic partnership with Schroders Capital

GFH and Schroders Capital complete first co-investment in the Healthcare Sector

10/25/2021

US alternatives manager Monroe sets sights on Asia

He says direct private credit specialists like Monroe traditionally excel at direct and small- and mid-cap strategies.

10/25/2021

How confident are hedge funds for the next 12 months?

Global index reveals sentiment of more than 300 funds worldwide in the third quarter of 2021

10/25/2021

Private equity firms pay themselves record sums with debt

The market has been generous for dividend recaps.

10/25/2021

Citizens Business Conditions Index™ Dips Slightly, Remains in Expansionary Territory Due to Continued Robust Demand

Nearly all of the underlying components in the CBCI demonstrated strength in the quarter.

10/22/2021

Macquarie Asset Management to acquire Central Park Group

Central Park Group is a pioneer in providing financial advisors and their clients access to top alternative investment talent

10/22/2021

Sixpoint Partners Announces Successful Close of Continuation Fund for CREO Capital Partners

Sixpoint was engaged by CREO to advise on the secondary process and associated fundraise, providing liquidity to existing investors who desired it, while securing additional capital to support growth initiatives at FFG.

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