04/29/2020
LPL Financial Agrees to Buy Broker-Dealer
Lucia Securities is a broker-dealer that serves approximately 20 advisors and $1.5 billion of client assets Estimated transaction multiple of approximately 6x post-synergy EBITDA
Alternative Investments
04/29/2020
White Oaks Wealth on Top 12 Best Wealth Managers and Financial Advisors List
This award is a testament to our wonderful team.
04/29/2020
Milliman analysis: Corporate pension funding ratio at 87.5% at 2019 year-end despite best asset performance in 16+ years
The 94 basis-point drop in discount rates in 2019 countered stellar investment returns of 17.3% for Milliman 100 pensions
04/26/2020
Tufts Endowment Chief Investment Officer Sally Dungan Dies
Dungan held a M.A. in Intercultural Communication from Monterey Institute of International Studies.
04/24/2020
Can palladium see temporary surplus this year? Norilsk Nickel makes its projection
Supply concerns have been one of the main drivers behind palladium's stellar performance this past year.
04/23/2020
Zurich unveils Covid-19 reimbursement product for employers
The employer is the policyholder in this case and has to submit its reimbursement claims to Zurich.
04/23/2020
Blackstone Reports First Quarter 2020 Resul
Our experience has shown that although asset values may be temporarily marked down, strong assets ultimately recover.
04/22/2020
Chubb: revenue, profit beat forecasts in Q1
The quarter was marked by financial market volatility in the credit, equity and foreign exchange markets
04/20/2020
Truist Reports First Quarter 2020 Results
Results for the first quarter produced an annualized return on average assets (ROA) of 0.90 percent
04/17/2020
Citizens Financial Group, Inc. Reports First Quarter Net Income
Record noninterest income up 16% year over year
04/17/2020
Hedge Fund Hotshots Suffer Humbling Losses in Coronavirus Chaos
Three out of four funds lost money last month amid turmoil
04/16/2020
BNY Mellon Launches Comprehensive Technology Solution for ActiveShares ETFs
The platform includes security restriction and approval processing features within the order ticket, eliminating the need for off-line phone and email communications.
04/16/2020
BlackRock raises $5.1bn for global energy and power infrastructure fund
Fund close marks the largest alternative asset fundraise in BlackRock history
04/14/2020
Appleby Bermuda Advised Global Atlantic in their Launch of Ivy, A USD1 Billion Reinsurance Co-Investment Vehicle
Ivy is sponsored by Global Atlantic and designed to co-invest approximately USD1 billion with Global Atlantic and its subsidiaries in qualifying reinsurance transactions.
04/14/2020
CI Financial announces partnership with leading global private markets investment firm
"We believe private market and other alternative investments can provide investors with valuable benefits, including the potential for added diversification, stability and downside support," said Kurt MacAlpine , CI Chief Executive Officer.
04/13/2020
Blackstone Completes Acquisition of HealthEdge Software
Their products offer a modern, simple user interface, greater flexibility, and a cloud-compliant solution well suited to the increasingly complex and data-rich healthcare environment.
04/13/2020
BNY Mellon Investment Management Introduces ETF Range
The BNY Mellon High Yield Beta ETF offers broad high yield corporate market exposure utilizing Mellon's proprietary credit model to enhance security selection and mitigate downside risk.
04/12/2020
LaSalle said to raise US$681m for Chinese logistics fund
Local and overseas developers, fund managers and investors have been very active in China’s logistics real estate investment market in recent months.
04/08/2020
Special Report on The COVID-19 Epidemic Forecasts (Issue 2)
The cumulative number of confirmed cases will exceed 2 million around Apr. 15.
04/08/2020
Miracle Mile Advisors Named One of Financial Times’ Fastest Growing Companies
This award is the latest addition to its growing list of industry accolades.