04/28/2021
Principal Financial Group Announces First Quarter 2021 Results
Company also announces increase to common stock dividend
Alternative Investments
04/28/2021
One year into a crisis, business owners are optimistic and implementing lessons learned, according to Truist survey
From small businesses to the "middle-market" to large corporations, today's business leadership is creatively reexamining, reimagining and reengineering their path to growth and profitability
04/27/2021
Saudi mortgage finance firm eyes US debut issuance
“We are following a strategy of diversification and access to liquidity and capital markets. We may tap the market again.
04/27/2021
Stifel Reports First Quarter 2021 Results
For the three months ended March 31, 2021
04/27/2021
Battea Class Action Services and Apex Group partnership offers clients securities litigation recovery services
This partnership will provide Apex Group’s institutional clients, including hedge funds and asset managers, with access to Battea’s “best in class” claims processing technology
04/27/2021
Summit Financial Takes Minority Stake in Miami-Based RIA Kandor Global
Kandor Global serves global clients and growing LatAm business community, fueled by industry-leading partnership
04/27/2021
Creative Planning Acquires Castle Wealth Advisors
Indiana-Based Investment Management Firm Has a Total of $320 Million in AUM and provides Business Valuation Services
04/26/2021
Stone Point, GIC near US$3b deal for financial services provider Ascensus
The industry also has a lot of small players, creating an opportunity to grow through acquisitions.
04/26/2021
Empower bulks up by adding Prudential unit
Acquisition will solidify firm's position as second-largest record keeper in U.S.
04/23/2021
SS&C GlobeOp Forward Redemption Indicator: April notifications 2.07%
Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received.
04/22/2021
Global VC investment shatters record, says KPMG Private Enterprise Venture Pulse report
Global VC investment hits $126.6 billion in Q1’21 shattering the Q4’20 record of $98.2 billion.
04/21/2021
Advisors Drift Away From Traditional Portfolios, Fidelity Says
The change reflected the unusual nature of 2020, which prompted different responses at various times from investors and advisors, said Matt Goulet, senior vice president for portfolio solutions at Fidelity Institutional.
04/21/2021
Nuveen and iCapital Network® Expand Access to Alternative Investment Funds
Custom technology and distribution agreement will simplify access to select Nuveen alternative investing products for accredited investors
04/20/2021
SS&C Moves Forward on Acquisition of Mainstream Group
The purchase will be subject to customary conditions, including approval by Mainstream shareholders, the relevant Australian court and certain regulatory approvals, and is expected to close in the third quarter of 2021.
04/20/2021
London-based wealthtech Bite Investments bags funding for its alternative investment platform
“It is a testimony to how the financial industry and investor community are gravitating toward alternative investment opportunities, as well as digitalisation and its transformative value.”
04/19/2021
CI Global Asset Management and Empire Life Introduce CI Empire Life Concentric GIF, a New Suite of Segregated Funds
The segregated fund structure simplifies estate planning with the potential to preserve capital and bypass any associated probate fees.
04/16/2021
Citizens Financial Group, Inc. Reports First Quarter 2021 Net Income of $611 million and EPS of $1.37
While we increasingly see positive signs that the economy is improving rapidly and that life is returning to normal, we remain focused on continuing to assist those companies and individuals most impacted by the pandemic and lockdowns.
04/15/2021
BNY Mellon Selected by Charles Schwab Investment Management to Provide Transfer Agency Services
BNY Mellon is able to tap-into its vast industry expertise and a global footprint that services both asset managers and their intermediaries.
04/15/2021
DPG Investments to Close $1 Billion+ in Private Capital
The DPG senior management team has been through multiple cycles and understands the importance of maintaining a long-term view.
04/15/2021
Truist Reports First Quarter 2021 Results
Earnings of $1.3 billion, or $0.98 per diluted share