SMArtX Advisory Solutions Welcomes Allspring Global Investments to Its Platform
SMArtX Advisory Solutions, a pioneer in managed accounts technology, has announced that Allspring Global Investments has joined the SMArtY manager-sponsored platform. This partnership brings Allspring’s direct indexing capabilities to the platform, enhancing its suite of investment solutions. “We are thrilled…
FHLB Dallas, Del Norte Credit Union, Wells Fargo, and Southwest Capital Bank awarded $550K in grants to support tribal housing in New Mexico.
Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Del Norte Credit Union, Wells Fargo, and Southwest Capital Bank have awarded $550,000 in grants from the Native American Housing Opportunities (NAHO) Fund to four tribal housing organizations in…
South Korea Alternative Lending Market Report 2024
South Korea’s Alternative Lending Market: Business and Investment Opportunities ResearchAndMarkets.com has recently added a new report titled “South Korea Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance…
UBS Welcomes $400 Million Financial Advisor Team in Manchester, NH
UBS Wealth Management USA has announced that Financial Advisor Jared Berault has joined the firm in Manchester, New Hampshire, where he manages over $400 million in client assets. He will be joined by Client Associate Fred Kline. “Jared and Fred…
AM Best Upgrades Issuer Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (Closed)
AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) of Gulf Insurance Group K.S.C.P. (GIG) and Gulf Insurance and Reinsurance Company K.S.C. (Closed) (GIG-Kuwait) from “a” (Excellent) to “a+” (Excellent), while affirming their Financial Strength Ratings of A…
CI Financial Corp. Reports Preliminary Results of Substantial Issuer Bid
CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) has announced the preliminary results of its substantial issuer bid (the “Offer”), which concluded at 5:00 p.m. (Toronto Time) on October 3, 2024. According to the preliminary count by Computershare…
Pennymac Unveils Leadership and Organizational Changes
PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) announced that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief…
AM Best Downgrades Credit Ratings for Shelter Mutual Insurance Company and Subsidiaries
AM Best has downgraded the Long-Term Issuer Credit Rating (ICR) of Shelter Mutual Insurance Company and its property/casualty (P/C) subsidiaries from “a+” (Excellent) to “a” (Excellent), while affirming their Financial Strength Rating (FSR) of A (Excellent). Shelter Life Insurance Company,…
TD Pledges $500,000 to Support Hurricane Helene Relief and Recovery Efforts
TD has announced a contribution of $500,000 to support local relief efforts in Florida, North Carolina, and South Carolina in the aftermath of Hurricane Helene. These funds will be distributed to several non-profits spearheading recovery operations in the affected areas.…
Amundi US Announces Monthly Distributions for Pioneer Closed-End Funds
Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for October 2024. Ex-Date: October 18, 2024 Record Date: October 18, 2024 Payable: October 31, 2024 Ticker Taxable Funds DistributionPer Share Change FromPrevious Month HNW Pioneer Diversified…
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Final Results of Tender Offer and Term Elimination
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Final Results of Tender Offer Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) (the “Fund”) has announced the expiration and final results of its tender offer to repurchase up…
Western Union and Khipu Launch New Digital Payment Solution in Chile
Western Union has announced a partnership with Khipu, enabling customers to send money digitally using any bank account across Chile. “This service reinforces Western Union’s leadership in remittance operations within the Chilean market. We are confident it will greatly benefit…