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Alternative Investments

10/26/2020

Blackstone Announces $8 Billion Final Close of Second Core Private Equity Fund

Initial discussions with investors for establishing Blackstone’s core private equity business began in 2014, which led to the first close of the first vintage of this strategy in 2016.

10/26/2020

TFSA Investors: Become a Millennial Millionaire With This 1 Trick

Rather than letting your cash sit in a savings account, put it to work!

10/23/2020

Aadil Zaman Named to 2020 Financial Times 401 Top Retirement Advisers

The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers).

10/23/2020

LPL Financial Welcomes Eight Advisors after CenterState Bank, South State Bank Merger

Eight CenterState advisors and five client services team members join more than 40 members at South State Investment Service to provide client-focused, locally-based financial advice and guidance throughout the Southeast.

10/23/2020

Private credit investors want end to gender gap

Women now hold about a fifth of the industry's jobs and just 10% of the senior positions as of last year, according to London-based research firm Preqin.

10/23/2020

Vanguard active fund closure highlights challenge in Europe

Low-cost provider’s passive fund growth is vastly outpacing its actively managed business

10/22/2020

‘Set and forget’ investors stick with target-date funds

Covid-19 turbulence buoys loyalty to simpler defined contribution plans

10/22/2020

Hopes of greater diversity as DoL allows private equity in 401(k) plans

Pension advisers will have a vital role in explaining the potential risks of such investments

10/21/2020

PineBridge Launches USD High Yield Bond Fund in Europe

The Fund’s investment objective seeks to maximize total return consisting of current income and capital appreciation

10/21/2020

Ontario Teachers teams with private equity to acquire wealth manager

The transaction, which is subject to customary closing approvals, is expected to close before the end of the year.

10/21/2020

Despite lower interest revenue, Pershing adds $12B in net new assets

The bank doesn’t break out the specific number of RIAs joining each quarter.

10/21/2020

Santander México touts progress on Tesla green financing program

By the second quarter of 2020, Santander México placed more than 900mn pesos in the retail automotive credit segment, double the amount of the same period in 2019.

10/21/2020

BGL Announces the Acquisition of a Multifamily Real Estate Portfolio in Washington, D.C.

Financing for the acquisition and renovation of the properties was provided by MainStreet Bank.

10/20/2020

Manulife Investment Management named to PRI Leaders' Group 2020 in recognition of 'Cutting Edge' Responsible Investment Practices

Releases annual Sustainable and Responsible Investing Report outlining ESG initiatives across investment teams

10/20/2020

Invesco Canada makes changes to mutual funds and ETFs

Firm announces updated fees and objectives to fixed-income and equity strategies

10/19/2020

BlackRock plans huge expansion in Brazilian ETF market

Asset manager aims to cross-list up to 100 overseas funds by end of March

10/19/2020

Equity markets give North American firms a larger slice of pie

Largest managers in region see 20.3% AUM rise; market share increases to 59.7%

10/19/2020

Eaton Vance acquisition said to be good for Morgan Stanley

The rationale for the deal is also different to other manager M&A, said Stephen Tu, New York-based vice president and senior credit officer in Moody's Investors Service Inc.'s financial institutions group.

10/19/2020

Verification essential for more impact

There has been dramatic growth in the impact investing industry in just the last few years.

10/19/2020

Managers of $25 Trillion Are Almost All Bond Quant Believers

While the zero-rate world is hitting future returns in fixed income, it’s the very thing spurring interest in this new hunting ground for quants.

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