05/24/2023
Core Asset Wealth Management Launches Specialized Private Equity Team
This strategic move aims to capitalize on the region's abundant mineral resources and emerging market potential.
Alternative Investments
05/23/2023
Broadridge Consolidates Retirement Solutions Offerings Under Unified Name: Broadridge Retirement and Workplace
The new naming combines Matrix Financial Solutions and Fi360 Solutions under a single name
05/23/2023
CI Global Asset Management Simplifies Investing with New Suite of Asset Allocation ETFs
The CI Asset Allocation ETFs generally invest in a blend of passive equity and fixed-income ETFs from CI GAM and external ETF providers, resulting in portfolios that are well diversified across geographic regions, asset classes and industry sectors.
05/23/2023
The Mather Group Acquires Cincinnati Firm, Clear Perspectives Financial Planning
TMG has been recognized by a variety of business and financial publications for its growth and standing in the industry.
05/23/2023
Acquisition of the remaining 49% stake in Payme
Following the acquisition of the minority share of Payme, TBC PLC has become the 100% shareholder of Payme.
05/19/2023
State Street Partners with Diverse Firms to Underwrite $2 Billion of Senior Unsecured Debt
Offering reinforces State Street’s commitment to inclusion and diversity in the financial services industry
05/18/2023
Cetera Financial Parent Company Names Former Fidelity Executive Mike Durbin CEO
Adam Antoniades will remain CEO at Cetera Financial Group.
05/18/2023
Prime Capital Investment Advisors Adds Goldman Sachs as Custodian
After growing nearly 800% in five years, PCIA plans to move about $1 billion in client assets to Goldman Sachs to improve custodial services and access.
05/17/2023
Risk Strategies acquires Florida insurance agency
The terms of the deal were not disclosed.
05/17/2023
Asset management plunge calls for a business model rethink
Global assets under management dropped by 10% in 2022, according to BCG’s global asset management industry report.
05/17/2023
BNY Mellon Investment Management Launches the BNY Mellon Women's Opportunities ETF and BNY Mellon Innovators ETF
This addition to our growing suite of ETFs provides investors with access to Newton's deep experience in thematic investing
05/17/2023
Bill Ackman's Pershing Square reveals new Alphabet stake of 10.3 million shares
The Hilton position fell to 9.3 million shares from 10.0 million shares, while the Lowes position declined to 10.0 million shares from 10.4 million.
05/16/2023
CI Global Asset Management Announces Name Change and Launch of Mutual Fund Series for CI Auspice Broad Commodity Fund
The mutual fund units have been introduced with the adoption of dual-class structure for CI Auspice Broad Commodity ETF (the "ETF"), which was launched in September 2022.
05/16/2023
Canada Life sells IP arm to Countywide Assured after market exit
The insurer is expected to complete the transfer in 2024.
05/15/2023
The $10 Trillion Giant: Here's How BlackRock Became The Biggest Company In The World
BlackRock has paved its way to become the world’s largest asset manager.
05/15/2023
Real Estate Private Investment Alts Navigate Choppy Waters
IPA’s Anya Coverman talks redemption requests, regulatory pressures and growth outlook for non-traded REITs, BDCs, interval funds and other vehicles.
05/15/2023
The strengths and weaknesses of veteran funds
What investors should be aware of before buying an older fund.
05/12/2023
Stratos Expands Services For Wealthy With BWM Stake
Stratos Wealth Holdings oversees $22.8 billion in brokerage and advisory assets.
05/12/2023
Another downgrade of America’s credit rating might be coming
“Congress is playing chicken with the debt ceiling,” bank analyst R. Christopher Whalen of Whalen Global Advisors wrote in a May 10 analysis
05/12/2023
Bain invests in automation expert Ashling Partners
Through the partnership, Bain and Ashling will help clients develop and scale automation programs – combining Bain’s strategic and operational expertise in automation with Ashling’s technical expertise and managed services.