03/26/2024
LPL swipes $580M team from Merrill Lynch
LPL is strengthening its independent advisory presence in the East with the addition of a family RIA practice in Florida from Merrill Lynch.
Alternative Investments
03/26/2024
Meet the fund managers: Investing in the American dream
These companies are already changing predictions for what the world will look like years from now.
03/25/2024
State Street Officially Opens its New Kilkenny Office
State Street established its Irish operations in 1996
03/25/2024
US fintech Coast secures $92m in mix of equity and debt capital to fuel product development
In addition, the fintech has received a further $67 million in committed debt capital from TriplePoint Capital and Silicon Valley Bank.
03/25/2024
Wall Street just gave its highest year-end forecast yet for the S&P 500
The call comes after a surge in stocks pushed the benchmark index past his initial target of 5,200 less than three months into the year.
03/23/2024
Shaping Wealth Develops AI-Powered Behavioral Finance Assistant
The AI program, Lydia, was developed with Alai Studios to help advisors connect with clients emotionally.
03/22/2024
Pensionmark and Vestmark Announce Strategic Partnership to Help Shape the Future of Wealth Management
The collaboration between Pensionmark and Vestmark is a significant step forward in the financial services industry
03/22/2024
CIBC Asset Management Inc. announces fund terminations
Effective immediately, units of the Funds are no longer available for new purchases
03/20/2024
HDFC Bank and TD Bank Group sign an agreement to simplify banking experience for Indian students in Canada
Agreement expands existing global relationship between the two banks.
03/20/2024
US equity investors increase risk appetite: S&P Global
S&P Global report shows expectations for returns have declined.
03/19/2024
State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt
This offering reinforces State Street’s commitment to inclusion and diversity in the financial services industry
03/18/2024
Fair Market Value Capital Partners and TD Asset Management jointly acquire a minority interest in PSA Italy from PSA International
PSA Italy operates three container terminals in the Port of Genoa and Port of Venice that are the premier gateway terminals serving the Northern Italian hinterland, handling a total of two million TEUs in 2023.
03/18/2024
High-profile hedge fund managers line up launches for 2024
Many of these people have done extremely well and may be looking for something more independent
03/18/2024
Nomura Announces Investment in Teamshares
This innovative model focuses on gradually transferring capital to employees rather than seeking investment returns by selling equity to third parties.
03/15/2024
CI Global Asset Management Announces March 2024 Distributions for CI ETFs
The ex-dividend date for all ETFs is March 21, 2024
03/15/2024
IQ-EQ subsidiary FNTC America acquires White Rock Group LLC
This merger allows ECR to strengthen its service offering, ensuring it can continue to support FNTCA under its strategic arrangement, allowing both to provide seamless title, trustee, foreclosure, escrow and legal services to their shared clients.
03/14/2024
Wall Street forecasts are chasing the US economy higher
Feroli's call for increased economic growth in the middle quarters of this year matches the broad shifts seen in consensus forecasts.
03/14/2024
Sagard and HalseyPoint Asset Management Enter Into Strategic Partnership
Alternative asset manager Sagard acquires 40% stake in HalseyPoint CLO platform to help accelerate next phase of growth - Platform to be co-branded Sagard | HalseyPoint
03/14/2024
Schwab Asset Management Announces Index and Fund Name Changes to Its Fundamental Index ETF and Mutual Fund Family
The changes are part of Schwab Asset Management’s continual review of its product set to refine and enhance its product line-up.
03/14/2024
Revisiting The Mortgage Investment Corporation For Alternative Income
It is expected to grow to $2.3T by 2027, which is amongst the fastest growing asset classes.