02/15/2023
Focus Shareholders ‘Frustrated’ by PE Firm’s Offer
Some shareholders say the $4.1 billion price tag for Focus Financial is too low and doesn’t reflect the trajectory and future of the business—and many hope for a way to remain invested.
Alternative Investments
02/15/2023
Charlotte-based Bragg Financial Advisors earns top rank for mutual fund
U.S. News & World Report recently ranked Bragg Financial's Queens Road Small Cap Value Fund at No. 1 of 461 small value funds nationwide.
02/14/2023
Wall Street’s Mutual Fund-to-ETF Magic Trick Is Failing to Wow
By converting an existing fund, issuers hope to bring an established track record and assets to the ETF market, giving each strategy a head start.
02/13/2023
Hightower Makes Strategic Investment in Bickling Financial Services
Founded in 1984, the firm, which has approximately $625 million in assets under management and three offices in Massachusetts, provides full-service wealth management to individuals and families
02/13/2023
Capital One, Bank of America top financial firms winning the most patents in 2022
Capital One Financial received the most patents of any financial company in 2022 with 708 patents in 2022.
02/10/2023
Risk Strategies buys Ladmar Group
The firm also offers Medicare products in the small employer and individual market.
02/10/2023
Apollo Reports Fourth Quarter and Full Year 2022 Results
We generated record fee related earnings, record normalized spread related earnings, and record organic inflows as our clients recognized our differentiated investing capabilities and entrusted us with their capital.
02/09/2023
Metlife Investment Management to buy Raven Capital Management
“MIM will be able to deliver more for our clients and continue to expand our range of capabilities and complementary investment strategies.”
02/09/2023
CI Global Asset Management Builds on its Leadership in Alternative Investments with New Multi-Manager Private Markets Solution
CI GAM’s new private markets strategy is now open to investments by other CI GAM funds as part of their less-liquid portfolio sleeve, where appropriate.
02/08/2023
Conquest Planning Secures $17.8M in Series A Funding
Having brought its version of financial planning to Canada in late 2020, the firm is preparing to enter the U.S. and U.K. markets.
02/08/2023
KLAS ranks Wolters Kluwer’s Emmi #1 for Patient Engagement: Patient-Driven Care Management
Emmi delivers trusted, vetted clinical content to patients to partner in their care
02/08/2023
‘Bonds are back,' BlackRock exec tells ETF conference attendees
Mr. Bianco had asked panelists whether last year scarred investors and if there was any concern that they are leaving the bond market.
02/08/2023
CME Group Inc. Reports Fourth-Quarter and Full-Year 2022 Financial Results
Total revenue for full-year 2022 was $5.0 billion and operating income was $3.0 billion.
02/07/2023
Morningstar Announces Agenda for 2023 Morningstar Investment Conference
Morningstar's annual investment conference will be held on April 25-27 and will feature Lawrence Summers, former U.S. secretary of the treasury, and Liz Ann Sonders, chief investment strategist at Charles Schwab
02/06/2023
Scotiabank empowers customers to take control of their investments with the launch of Scotia Smart Investor
New tool now available directly to customers through mobile and online, supported by expert financial advice offered in person at a Scotiabank branch or virtually
02/03/2023
First Republic Bank Announces Redemption of 1.912% Senior Fixed-to-Floating Rate Notes Due 2024
The Notes will be redeemed at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes
02/03/2023
Mortgage re/insurer Essent buys two US businesses
Boston National Title is an independent title agency based in North Carolina that provides title and settlement services, with licenses in 40 states and the District of Columbia.
02/03/2023
Morgan Stanley Capital Partners Acquires Apex Companies
MSCP is partnering with the current management team led by CEO Dave Fabianski, who will continue to lead the business. Sentinel Capital Partners will maintain a minority position in the Company post-closing.
02/03/2023
Private equity taps cash from insurers to accelerate growth
Blackstone, Carlyle and other fund managers reach deals with insurance firms hunting for better yields
02/02/2023
Morgan Stanley Capital Partners Acquires Apex Companies
Sentinel Capital Partners will maintain a minority position in the Company post-closing.