10/28/2022
Richardson Wealth Advisors Named to List of Canada's Top Wealth Advisors
In partnership with SHOOK Research, this annual list identifies the most effective and successful financial advisors in the country.
Alternative Investments
10/27/2022
Chubb posts $1.2bn in cat losses for Q3
Consolidated net premiums written, which include P&C and life insurance, grew over 17% in constant dollars.
10/27/2022
Manulife Investment Management announces acquisition of industrial warehouse in Fort Worth, TX
The Dallas-Fort Worth-Arlington area is currently the fourth largest metropolitan statistical area in the United States, having grown by approximately 24% since 2010.
10/27/2022
Market Turbulence Has Only Solidified Hedge Funds’ Favorite Research Providers
Morgan Stanley repeats atop this year’s All-America Research Team: Hedge Fund Cut.
10/27/2022
BlackRock raises $4.5 billion for climate fund amid fossil fuel criticism
The new fundraise comes amid criticism of the investor over its stance on fossil fuels and refusal to stop ploughing cash into coal, oil and energy projects.
10/27/2022
Nuveen to Acquire Arcmont Asset Management, a Leading European Private Debt Manager
Creates Nuveen Private Capital – one of the world's largest private debt platforms, broadening capabilities and accelerating growth in Europe, North America
10/26/2022
Citizens Business Conditions Index Bounces Back in Q3
The proprietary activity data of Citizens’ commercial banking clients, another underlying component of the CBCI, also reflected strength in the quarter.
10/26/2022
Allstate Selects Voya Investment Management for Portfolio Mandate
In addition, as part of the agreement, Allstate will transition approximately seven employees who constitute their commercial mortgage team to Voya Investment Management (Voya IM).
10/26/2022
TD Asset Management Inc. announces reductions to management fees for select TD Managed Assets Program portfolios and series
These changes will be reflected in the TD Managed Assets Program's Simplified Prospectus and Fund Facts that will be filed on or about October 26, 2022.
10/25/2022
Morgan Stanley Investment Management Partners with Opportunity Finance Network on the Newly Launched Impact Class of Money Market Fund Shares
Supporting organizations key to addressing the affordable housing crisis
10/25/2022
GreenRock Wealth Management Announces Free Professional Level Financial Planning Portal
Free Technology Helps Consumers Understand Their Financial Goals and Progress by Providing Easy-To-Use Financial Tools with Professional Level Power and Professional Consultation
10/25/2022
Manulife Investment Management's Global Intelligence report assesses risks and opportunities in a time of global change and historic headwinds
Examines rising existential risks to investment considerations
10/25/2022
Fidelity® Expands Direct Indexing Product Lineup With Rollout of Fidelity Institutional Custom SMAs
Growing Custom SMA lineup builds on Fidelity’s commitment to delivering better outcomes and providing the best end-to-end experience to meet client needs for today and in the future
10/24/2022
Arthur J. Gallagher & Co. Acquires Cason, Huff & Schlueter Insurance
"Cason, Huff & Schlueter has earned a great reputation over a long history for their expertise and professionalism, and will expand our capabilities in the Midwest,"
10/21/2022
RBC Global Asset Management Inc. announces final details on maturity of RBC Target 2022 Corporate Bond Index ETF
The RBC Target Maturity Corporate Bond ETF family includes seven ETFs with maturities ranging from 2023 to 2029.
10/20/2022
Morgan Stanley Investment Management Significantly Exceeds Target With Second Co-Investment Fund
PECO II offers private equity exposure through co-investments in small- and mid-cap buyout/growth companies across North America and Europe.
10/20/2022
Sequoia Financial Group Sells $200M Stake to Valeas Capital Partners
The minority investment brings Valeas alongside Kudu Investment Management as the $10 billion AUM firm pursues an inorganic growth strategy.
10/19/2022
State Street Opens New Office in Chile to Support Continued Growth in Latin America
Alberto Menendez appointed to lead Chile office; Builds on State Street’s ongoing expansion of regional capabilities in Latin America
10/18/2022
Truist reports third quarter 2022 results
Adjusted net income available to common shareholders was $1.7 billion
10/17/2022
AllianzGI rolls US equity fund into giant thematic strategy
Fund house opts to merge away regional strategy after review concluded it was not offering shareholders value for money.