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Alternative Investments

07/18/2023

TD Asset Management Inc. announces reductions to management fees, changes to fund names and risk ratings for certain TD Mutual Funds

The following changes will be reflected in the TD Mutual Funds Simplified Prospectus and Fund Facts that will be filed on or about July 27, 2023.

07/17/2023

Marietta Wealth Management Demonstrates Confidence in Market with Increased Stake in Invesco BulletShares 2029 Corporate Bond ETF

The company recognized an opportune moment to bolster its position in BSCT, leading to it acquiring an additional 17,216 shares during the quarter.

07/17/2023

BNY Mellon Invests in LiquidityDirect, Outsourcing Trading

Over the past 18 months BNY Mellon has developed new products and services that meet a range of investment guidelines and risk appetites, both on and off balance sheet, to meet that need.

07/17/2023

Seven Takeaways from Preqin’s Guide to the U.S. Real Estate Investment Universe in 2023

In spite of recent market volatility, the firm concluded asset managers’ activity in the U.S. real estate market remained stable.

07/13/2023

Gen II Fund Services Initiates Major European Expansion with Acquisition of Crestbridge’s Private Equity and Real Estate Fund Administration Business

Acquisition Will Expand Gen II’s Private Capital Servicing Capabilities in Key European Jurisdictions and Increase Assets Under Administration to More Than $1 Trillion.

07/13/2023

SS&C's Retirement Income Middleware Platform Reaches $1 Billion AUM

SS&C Retirement Income Clearing & Calculation (RICC) Platform now services more than 4,000 retirement plans

07/12/2023

Investopedia 100 Top Financial Advisors of 2023

This year’s list highlights advisors who provide unique value to communities across the board

07/12/2023

Captrust acquires $2.3 billion Southern Wealth Management for fifth deal this year

This marks the third Texas acquisition this year for Captrust, which now has 69 deals on the books.

07/12/2023

Abry Partners Takes Minority Stake in Prime Capital Investment Advisors

Executives say the funding will fuel the next stage of growth for PCIA, which has already expanded assets by some 700% since early 2018.

07/12/2023

Should higher buffer requirements bother Canadian bank investors?

Banking sector analyst says capital requirement is important to earnings – but it's not the only factor

07/12/2023

State Street to Provide Data-Driven Geopolitical Risk Insights to Clients

Collaboration with GeoQuant will add GeoQuant’s geopolitical risk indicators to State Street’s existing suite of high-frequency inflation, institutional flow, media sentiment and risk indicators

07/10/2023

State Street Enters Colombian Market to Support Continued Growth in Latin America

Andres Zambrano Burgl joins State Street to lead new Colombia office; Builds on the firm’s ongoing expansion in Latin America

07/10/2023

Bonds on the Brink Reward EM Investors With Double-Digit Returns

“The restructuring talks that we’re seeing in front of our eyes now are a bit more favorable than what the market had been pricing in.”

07/07/2023

Murfreesboro Wealth Management Team: Retirement Planning Services Updated

Lifelong income planning is an essential aspect of retirement planning.

07/07/2023

Apex Group supports launch of Argento Energy Fund

The Fund will benefit from access to Apex Group’s market leading technologies to enable robust, efficient and flexible accounting and fund reporting.

07/07/2023

US Hedge Fund Verition sets up office in DIFC

Firm said Dubai was appealing to global investment talent for reasons including lower taxes, friendly time zone and excellent infrastructure

07/07/2023

Abu Dhabi's ADQ acquires minority stake in Canadian investor

Bank of Montreal and Great-West Lifeco are also investors in Sagard

07/06/2023

TD Asset Management celebrates $10 billion AUM milestone in ETFs

With a robust solution set, TD ETFs are on a mission to innovate

07/06/2023

2-year Treasury yield hits 16-year high after ADP jobs data shatters expectations

The ADP data is considered more unreliable than other jobs data

07/06/2023

AIG and Stone Point close deal on high-net-worth specialist MGA

Firm expects to start operating in Q3 2023

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