07/24/2024
Chubb Reports Second Quarter Per Share Net Income
Book value per share and tangible book value per share excluding AOCI increased 2.6% and 3.1%, respectively, from March 31, 2024.
Alternative Investments
07/23/2024
Jupiter AM mulls entry into European ETFs
The firm has $68bn assets under management (AUM) across its business by the end of Q1.
07/23/2024
Zions Bancorporation, National Association Reports Second Quarter Financial Results
Notably, tangible book value per share has increased by 20% over the year-ago period."
07/22/2024
ETF Adoption Strong Among Financial Advisors and Institutions
The use of ETFs by individual investors is highest among younger individuals
07/22/2024
Private banks tone down Trump trades after Biden withdraws
Joe Biden's withdrawal from the presidential election reduces the odds of an outright Republican victory, making popular so-called Trump trades less of a sure-fire bet.
07/18/2024
MLC AM selects Janus Henderson for $285m EM mandate
The fund aims to generate consistent risk-adjusted returns by investing in a wide range of companies from strong countries with good governance.
07/17/2024
Blue Owl Capital Significantly Expands Alternative Credit and Asset-Based Finance Capabilities with Acquisition of Atalaya Capital Management's Business
Established alternative credit management business with an 18-year track record will add over $10 billion in assets under management.
07/17/2024
Andersen Expands Central Florida Footprint with Tampa Office
20+ Gulf Coast-based professionals from Reilly, Fisher & Solomon join Andersen, providing tax and planning services for ultra-high-net-worth individuals, closely held businesses, and family offices
07/17/2024
Apollo Funds to Acquire The Travel Corporation
TTC comprised of 18 Leading Brands Including Trafalgar and Uniworld
07/17/2024
CI Global Asset Management Expands Lineup of Global Fixed-Income Mutual Funds and ETF Series Mandates
Highly rated CI Global Unconstrained Bond Fund now available in ETF series
07/17/2024
Integrated Partners Leverages Wealth.com Expanding Access to Next-Gen Digital Estate Planning Tools
Integrated advisors can now leverage a one-stop platform for clients’ estate planning needs
07/16/2024
TD ranks as a top-scorer and is recognized as a "Best Place to Work for Disability Inclusion" in Canada
TD earns top score of 100 on 2024 Disability Equality Index®, reinforcing the Bank's decades-long commitment to the advancement of diversity, equity, and inclusion.
07/16/2024
Eastern Bankshares, Inc. Announces Successful Merger With Cambridge Bancorp, And Names David Rosato New Chief Financial Officer
Eastern Bank Surpasses $25 Billion In Assets
07/16/2024
Bill Ackman tells investors his ‘notoriety’ will boost new fund
The closely followed investor had touted his more than 1mn followers on social media platform X in investor pitches
07/15/2024
BlackRock assets reach new high of $10.6tn
The world’s largest asset manager gathered almost $140bn of new money during the first half of 2024.
07/15/2024
Canadian business investment beats US, but more needed to boost living standards
Investment relative to economy size outperforms that south of the border
07/12/2024
State Street launches low-cost gold fund backed by ANZ Private
Gold has never gone away as a diversifying allocation of an investment portfolio
07/12/2024
Earned Wealth Announces $200 Million Capital Commitment to Redefine Financial Services for Healthcare Professionals
Summit Partners and Silversmith Capital Partners lead investment to accelerate expansion, beginning with the acquisition of industry leader Thomas Doll
07/11/2024
CW Advisors Accelerates Expansion with Acquisition of Cubic Asset Management
The deal adds over $700 million of AUM to CWA.
07/11/2024
Manulife Investment Management Closes Manulife Private Equity Partners II in partnership with AlpInvest
Globally, Manulife IM's private equity and credit platform has more than US$25 billion in assets under management focused on primary funds, equity co-investments, secondaries, senior credit and junior credit in North America and Asia middle markets.