05/14/2025
CI Global Asset Management Announces May 2025 Distributions for the CI ETFs
The ex-dividend date for all ETFs is May 26, 2025.
Alternative Investments
05/14/2025
Apollo Hybrid Funds to Acquire PowerGrid Services from The Sterling Group
Investment Will Support Leading Provider of Electric Utility Maintenance and Construction Services in its Mission to Address Growing US Power Demand and Needed Grid Improvements
05/14/2025
VanEck launches tokenized money market fund with Securitize
The British Virgin Island fund targets institutional and qualified investors with minimum subscriptions starting at $100,000 for investments on Avalanche, BNB Chain, and Solana, and $1,000,000 on Ethereum.
05/13/2025
Citi Sells Private Market Funds Unit to Fintech Giant iCapital
As part of the sale, 20 Citi employees are set to join New York-based iCapital, which has some 1,800 employees.
05/13/2025
Munich Re ‘optimistic’ for mid-year renewals, US property cat still attractive: CFO Jurecka
Munich Re held an earnings call with analysts during which the upcoming mid-year renewals were discussed by the company’s CFO.
05/13/2025
LPL Financial Drops Data-Breach Defamation Suit Against Ameriprise
LPL agreed to dismiss a lawsuit alleging that Ameriprise had sent misleading information to customers about a potential data breach.
05/13/2025
Mid-year renewals to mirror January & April trends as property pricing softens: Hannover Re’s Althoff
In the U.S., wildfires will likely be factored into the equation
05/12/2025
State Street Global Advisors Research Examines Investors’ Risk Awareness Amid Market Volatility
The study is part of State Street Global Advisors ETF Impact series, which was created to explore the evolving role of ETFs in portfolio construction, risk perceptions, and investor behavior.
05/12/2025
Polar Asset Management Partners Acquires Castlefield Associates Inc.
Prior to founding Castlefield, Mr. Schindler spent 18 years at the Ontario Teachers’ Pension Plan
05/09/2025
Osaic Super OSJ Affiliated Advisors Lands 30 New Teams in Q1
Founder and President Rita Robbins says disruption and the desire for personalized support have helped attract advisor teams with about $1.5 billion in client assets.
05/09/2025
Blackstone, Vanguard, Wellington to Launch Private Markets Fund
The companies have laid out plans for an interval fund, which will be managed Wellington and draw its investments from all three firms.
05/09/2025
First Rate Launches Alts Data Management Solution to Revolutionize Wealth Management Operations
Empowering wealth management firms with the tools they need to streamline alternative asset management, reduce errors, uncover hidden insights, and make informed decisions faster - enabling them to thrive in an increasingly complex investment landscape.
05/08/2025
Global Wealth Management Named on USA TODAY's Best Financial Advisory Firms 2025 List, #1 Advisory Firm in Southeast Florida
This recognition follows recent strategic growth milestones for GWM, including opening a new office in Palm Beach County and its expansion into Florida's West Coast with the acquisition of Gulf Coast Financial Planning in Lakewood Ranch/Sarasota.
05/07/2025
$3.7 Billion Merger Launches Balefire, a New Brand and Business Growth Strategy
The new entity brings together over 60 professionals with complementary skillsets, offering comprehensive wealth management, strategic tax planning, and corporate solutions.
05/06/2025
Investment Roundup: Hamilton Lane Launches VC Fund; GSAM Custom Public/Private Model Portfolios Go Live
In addition, Venturi Private Wealth taps Opto to bolster its private markets investment management capabilities.
05/05/2025
Mariner expands in Ohio with Hyre Personal Wealth Advisors
This acquisition establishes Mariner's second office in Columbus and eighth location in Ohio.
05/05/2025
Wells Fargo, NU Holdings Garner Heavy Retail Buzz Over Past Week — Here’s Why
The bank also cleared its twelfth consent order since 2019 earlier last week in its latest bid to lift a $1.95 trillion asset cap imposed on the bank by the Federal Reserve in 2018 due to its compliance issues.
05/05/2025
World’s Largest Asset Manager Buys 1.3 Million Nio Shares in Q1
Despite the quarterly increase, BlackRock’s overall stake in Nio has declined significantly throughout 2024.
05/05/2025
Ackman's Pershing Square to boost Howard Hughes stake with $900 mln investment
Howard Hughes had rejected Ackman's previous offer of $900 million for 10 million shares
05/05/2025
Key 2025 strategies for business growth in South Florida
Despite the widespread optimism, local businesses should remain cautious as the economy adjusts to new tariffs.