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CGTN: China urges faster digital, green development among APEC members

November 20, 2022 by Jason Shortes

News provided by

CGTN

Nov 20, 2022, 00:22 ET

BEIJING, Nov. 20, 2022 /PRNewswire/ — The digital economy and green development have become major trends in global economic and social transformation.

Chinese President Xi Jinping urged on Friday for all APEC members to enhance economic and technical cooperation, speed up coordinated digital and green development.

With a combined population of 2.9 billion, the 21 APEC economies account for over 60 percent of the world’s total gross domestic product (GDP) and about half of its trade. The region’s status is globally significant, and achieving coordinated digital and green development is of vital importance.

Relationship between digital and green economy

Digitalization and green growth are interdependent and mutually reinforcing, Wang Song, an official at the Office of the Cyberspace Administration of China, said at a press conference on November 7.

Wang made the remark when introducing a white paper titled “Jointly Build a Community with a Shared Future in Cyberspace,” which was issued by China’s State Council Information Office. The paper called for “joint efforts to coordinate the transformation towards digitalization and green growth.”

Digital technology plays an increasingly prominent role in promoting the green economy, Wang added. It is estimated that by 2030, industries in China will reduce carbon emissions by 12.1 billion tonnes thanks to advancements in digital technologies, Wang said.

China and other APEC members cooperating on digital economy

China has made the development of the digital economy a national strategy.

The scale of China’s digital economy has ranked second in the world for years, according to the State Council in a report submitted to the National People’s Congress Standing Committee for review on November 28.

Steady progress has also been made in cooperation on the digital economy among China and other APEC economies.

China’s Alibaba Group and the Thailand government signed an agreement in April 2018 in Bangkok which saw the two sides cooperate in e-commerce, digital logistics, tourism and personnel training.

The company in May 2022 launched a data center in Thailand to bolster local businesses’ digital innovation capabilities, according to China’s Ministry of Commerce.

The Philippines and Australia, have also cooperated with Alibaba in retail and logistics, finance and fintechs, digital entertainment and public enterprise services, said the company.

Cooperation in digital payment has also been strengthened. China Unicom said in November that more than six million UnionPay cards have been issued in Southeast Asia since the beginning of this year, an increase of 40 percent year on year.

So far, over 40 million UnionPay cards have been issued in 10 ASEAN countries, among which seven are APEC members.

China’s green development

Green growth provides a practical and flexible approach for achieving sustainable development of the world economy.

The 20th National Congress of the Communist Party of China included a call for the country to accelerate the transition to a model of green development, boost green and low-carbon industries, and promote green and low-carbon ways of production and life.

China aims to peak carbon dioxide emissions before 2030 and to achieve carbon neutrality before 2060.

The country’s national carbon market covers about 4.5 billion tonnes of carbon dioxide emissions, making it the largest globally after one year’s operation, said Zhao Yingmin, head of the Chinese delegation to the 27th session of the Conference of Parties to the United Nations Framework Convention on Climate Change on November 8 in Sharm El-Sheikh, Egypt.

China’s biggest maker of electric and hybrid cars, BYD, signed an agreement in September with Thailand’s industrial estate developer WHA Group to build a new electric vehicle (EV) factory in the country with a planned annual production capacity of 150,000 units.

With an aim to grow its EV market in hope of establishing 30 percent of its auto production as EV based, Thailand has introduced a new round of investment and promotion policies to encourage investment in the whole industrial chain of electric vehicles this year, according to the China Council for the Promotion of International Trade in February.

BYD’s entry into Thailand will help its auto industry move closer to that goal, as well as help the country become a global hub for EV manufacturing, said WHA’s co-founder and chairman Jareeporn Jarukornsakul.

The automaker hoped its EV technology will contribute to the country’s EV industry, said Liu Xueliang, the general manager of BYD Asia-Pacific Auto Sales Division.

China has urged its businesses to integrate green development throughout the overseas investment and cooperation, according to a guideline issued by China’s Ministry of Commerce and Ministry of Ecology and Environment in 2021.

https://news.cgtn.com/news/2022-11-20/China-urges-faster-digital-green-development-among-APEC-members-1f5mSw5e1ri/index.html

SOURCE CGTN

https://www.prnewswire.com/news-releases/cgtn-china-urges-faster-digital-green-development-among-apec-members-301683375.html

Filed Under: News

CNO FINANCIAL INDIANAPOLIS MONUMENTAL MARATHON CELEBRATES ITS 15TH ANNIVERSARY EVENT IN STYLE

November 6, 2022 by Jason Shortes

News provided by

CNO Financial Group

Nov 05, 2022, 15:46 ET

INDIANAPOLIS, Nov. 5, 2022 /PRNewswire/ — Athletes representing all 50 states and 12 countries from around the globe, converged in Indianapolis this morning for the 15th annual CNO Financial Indianapolis Monumental Marathon, Half Marathon, and 5K.

Today’s event marked the 10th consecutive sellout of one of the country’s fastest-growing and most popular marathon. More than 50,000 spectators lined the streets of Indianapolis to cheer on participants seeking personal records and Boston Marathon qualifying times. Despite today’s less than ideal conditions, many fast performances were turned in including a new course record for the women’s half marathon. Lauren Hurley’s time of 1:09:49 establishes her as the fastest women’s half marathoner of the event’s 15-year history, topping last year’s record of 1:10:43.

“Today was a thrilling conclusion to our 15th Anniversary celebration,” said Jed Cornforth, Executive Director, Beyond Monumental. “Witnessing the culmination of months of training and sacrifice was awe inspiring. We can’t thank all of the participants, the thousands of volunteers, dozens of community partners and the city of Indianapolis enough for making the CNO Financial Indianapolis Monumental Marathon one of the premier events in the country.”

“What a great day for Indiana and the CNO Financial Indianapolis Monumental Marathon,” said Gary C. Bhojwani, Chief Executive Officer, CNO Financial Group. “It was remarkable to see the culmination of all the hard work and dedication from the thousands of participants, volunteers, and supportive family and friends. For us, this title sponsorship represents our commitments to health, well-being, and the central Indiana community – and that was on full display today. A special thank you to Mayor Joe Hogsett for his support, and we look forward to another great race next year.”

As the title sponsor of the event for the seventh consecutive year, CNO Financial Group’s commitment to health, wellness and the central Indiana community aligns with Beyond Monumental’s mission to educate Indianapolis youth on the benefits of exercise, proper diet, and healthy living.

Results:
CNO Financial Indianapolis Monumental Marathon

Men’s Champion: Jacob Heslington, Provo, UT (2:18:56)

“This win means so much to me. My family inspired me. They’ve sacrificed a lot. I work full-time and have a forty-five-minute commute each day. I’m so glad I stayed healthy, it’s just so good to have everything pay off.”

Women’s Champion: Jennifer Pope, Plano, TX (2:37:22)

“This is amazing, I just won! I was with the pack for the longest time and then all of the sudden I was by myself. I had a great time on the course. A lot of people screaming your name, it keeps you moving. It was great.”

CNO Financial Indianapolis Monumental Half Marathon

Men’s Champion: Tom Anderson, Seattle, WA (1:03:34)

Women’s Champion: Lauren Hurley, Boulder, CO (1:09:49)

CNO Financial Indianapolis Monumental 5K

Men’s Champion: William Bauschke. Mishawaka, IN (15:12)

Women’s Champion: Petronela Simiuc, Toledo, OH (16:33)

Complete results can be found here.

Plans are already underway for next year’s event, set for Saturday, October 28, 2023. It will mark the first time that the event will take place in October. Registration will open on January 1, 2023, with special Monumental Resolution pricing.

About Beyond Monumental

Beyond Monumental provides the Indianapolis community with a complement of activities built around their premiere event that promotes healthy living & fitness for all ages. Beyond Monumental gives back to the Indianapolis community by supporting youth programming that reinforces healthy lifestyles for young people, with an emphasis on working with urban students and Indianapolis Public Schools, donating nearly $1.4 million in 13 years. The CNO Financial Indianapolis Monumental Marathon is a top 15 marathon in the US and is nationally recognized by Runners’ World as one of “Ten Great Marathons for First Timers”. The 16th annual running is scheduled for October 28, 2023. www.beyondmonumental.org.

About CNO Financial Group

CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $33 billion in total assets. Our 3,400 associates, 4,400 exclusive agents and 4,700 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.

SOURCE CNO Financial Group

https://www.prnewswire.com/news-releases/cno-financial-indianapolis-monumental-marathon-celebrates-its-15th-anniversary-event-in-style-301669554.html

Filed Under: News

Embed Changes the Game with STATS Data Platform Powered by AWS

November 3, 2022 by Jason Shortes

News provided by

Embed

Nov 02, 2022, 20:46 ET


SINGAPORE, Nov. 2, 2022 /PRNewswire/ — Today Embed, the ultimate cashless solutions provider for the amusement, entertainment, and leisure industries, is launching the new technology insights data visualization dashboard, STATS, at the IAAPA Expo Orlando from November 15 to 18. Developed with and powered by Amazon Web Services (AWS), this solution helps family entertainment centers worldwide transform guest experiences using data.

In its commitment to technology innovation, Embed has been launching industry-firsts for more than 20 years to enable, empower, and ease the business of fun. For example, its Mobile Wallet virtual game card launched in 2019 remains the only non-banking, non-finance, and non-loyalty brand to sit in customers’ Apple Wallet or Google Pay.

 

“We are on a continuous pursuit to develop tech solutions that will propel businesses to become the FECs of the future. In line with this goal, we worked with the world’s most comprehensive and adopted cloud provider Amazon Web Services to leverage the power of cloud technology to create a software solution that will transform FECs’ operations, revenue landscape, and consumer journey,” says Renee Welsh, CEO at Embed. “Research shows that staff who are assigned data analytics work spend 90% of the work week on nitty-gritty data-related tasks – and this does not include the analysis required to gain actual insights that drive business decisions. The STATS dashboard is our commitment to being part of the solution. Developing this highly automated data visualization dashboard with flexible widgets will help eliminate the counterproductive data work that operators struggle with.” 

This year, Embed is introducing its Tech of Transformation – a new line of innovative, integrated hardware and software solutions developed with technology industry leaders to transform the FEC industry. The key innovation is STATS, which makes business insights work harder for operators, providing data from venues, including a range of revenue data and a revenue forecasting widget, and that’s just the start, which helps operators identify more successful games and forecast revenue to future-proof their business. This Software as a Service (SaaS) solution is a response to ever-growing challenges that traditional FEC operators face as the industry digitizes. With STATS, operators of all business sizes can best manage their business, improve staffing levels and  scheduling, and reduce manpower waste.

The STATS insights platform leverages AWS to build user-friendly, customizable dashboards that visually present data, such as arcade game performance, guest activity, and revenue forecasting to make understanding the deep insights of an operation easy and engaging. This also helps FECs better understand guests’ behavior and improve the guest experience. Built with AWS’s global cloud infrastructure, this cloud-based solution offers accessibility, security, and low latency.

“A lot of businesses find data analysis daunting. Operators need data collated and analyzed instantly to make informed business decisions immediately. STATS was designed specifically to produce customizable, tailor-fit, real-time reports in a snackable, easy-to-access format according to specific business needs – minus the tech intimidation and data overload,” shares Renee Welsh.

“Given that FECs come in single or multiple locations, we worked closely with both small-medium and large FEC customers to understand their needs and deliver the deep visualized data insights operators wanted from their Embed system. We combed through their data, and created sets that will suit the needs of any organization. Out of these efforts, demos, and trials came a dashboard so flexible and versatile that it doesn’t matter what size of FEC is using it – everyone can benefit from STATS to maximize their business.” shares Andy Welsh, CTO at Embed.

Embed’s current data reports solution REPORTS, an analytics platform, allows operators to access 150 different analytics reports that provide insights into information like game popularity, game revenue, and game profit. “STATS is a step towards more in-depth, dynamic visualized data reporting. Our customers who use this rely on STATS REPORTS to address challenges with inventory management, loss prevention, and revenue management,” explains Renee Welsh.

“As the traditional FEC industry model digitizes, venue operators can use cloud technology to extract and analyze insights to arrive at data-driven business decisions, and enhance customer outcomes, while focusing on growing their business. We are excited to work with Embed to help the family entertainment industry go digital with AWS. We look forward to continuing to support Embed on their innovation and growth ambitions,” says Joel Garcia, ASEAN Head of Technology, Amazon Web Services.

View Amazon Web Services’ official announcement here.

STATS

Savvy, Simple, and in a Snap

Get smart, near-real-time reports in a state-of-the-art viewer that you can access easily – data anytime, anywhere, across single or multiple business locations, attractions, and various consumer touchpoints.

Track and Yield

Find business strength in numbers. Track game and guest activities and get deep insights on:

  • Games performance and revenue
  • Guest activity, average dwell time, and spending habits
  • Manpower management
  • Inventory management

A Cloud for Your Judgment

Make data-driven business decisions stat! Keep reports handy and secure with this cloud-based solution, powered by Amazon Web Services (AWS) QuickSight.

Tactical Planning

With its intuitive analysis, use STATS for reports on operational planning and forecasting game revenue and sales based on retro data. Learn more about the business as it grows.

Stacks on Stacks

Increase profitability as STATS gives a free hand to customize a business dashboard with interactive widgets called STACKS. This way, data becomes bite-sized and easy-to-interpret to identify key revenue management areas with tangible ROI.

Additional Embed Innovations: eShop & Staff Merchandise

Joining STATS in Embed’s Tech of Transformation roster are two new innovations that will ease operations:

eShop is an online shopping portal where Embed customers can conveniently purchase hardware, parts, and accessories anytime, anywhere in just a few clicks. The only one of its kind against competitors, this one-stop shop features 24/7 service to enable customers to customize and maximize their existing Embed solutions, as needed, with brackets, adapters, server parts, scanners, and even product kits and bundles.

As a response to an issue FECs are facing on missing staff passes and essentials, Embed is also introducing Staff Merchandise, a series of customizable wristbands, key fobs, and lanyards to match an FEC’s theme – giving the manpower a makeover with a consistent look that stands out.

Visit booth #1331 of IAAPA Expo Orlando and catch free demos of these latest releases from the Embed Mavericks, along with the rest of the breakthrough innovations like the KIOSK+, the award-winning Mobile Wallet, the integrated cloud-based software solution TOOLKIT, the smartTOUCH arcade debit game card reader, and a full range of wearables and game cards from Embed’s famous Bling Bar! Participants are also invited to daily Happy Hour sessions from 12 PM to 4 PM.

About Embed:

Embed is the worldwide leader of the cashless business management systems and solutions for the amusement, entertainment, and leisure industries. Designed to deliver a superior guest experience, the platform is a complete integrated cashless solution for business owners to maximize revenue and operational efficiency while reducing costs.

With Embed’s platform, a business (single or multi-location) has real-time visibility and control across its entire operation: from guest party-planning and bookings via mobile to integrated point-of-sales, including bundles and upsell packages, a full range of games management, real-time prize inventory, game card kiosks, and more – all integrated and accessible via mobile.

With over 1,000 customers and more than 3,000 installations around the world, Embed is equipped and ready to empower Family Entertainment (FEC) businesses with direct sales, services and support anytime, anywhere.

SOURCE Embed

https://www.prnewswire.com/news-releases/embed-changes-the-game-with-stats-data-platform-powered-by-aws-301667006.html

Filed Under: News

Vidrio Financial Hires Nick Bourne to Lead Growth in EMEA Market

October 25, 2022 by Jason Shortes

News provided by

Vidrio Financial

Oct 25, 2022, 03:30 ET

NEW YORK, Oct. 25, 2022 /PRNewswire/ — Vidrio Financial (“Vidrio”), a provider of managed data services and software for global institutional allocators, today announced the hiring of Nick Bourne as commercial director to build on the firm’s rapidly growing EMEA business.

Prior to joining Vidrio, Nick was a managing director at TS Lombard (formerly Lombard Street Research), a leading macro research consultancy. In this role, he built up 24 years of commercial experience providing research and solutions to asset allocators, fund managers, consultants, and traders across the full spectrum of the buy side. Nick built a successful sales team and was appointed head of sales before ultimately becoming managing director (CEO).

“We are very excited to have Nick join as our first dedicated commercial director to lead our continued expansion in Europe and beyond. We have been very fortunate to build up a strong base of flagship clients in Europe and look forward to Nick’s help to further extend our growth,” said Federico De Giorgis, President, Vidrio Financial. “With the rollout of our new V7 platform and newly introduced multi-asset class private markets capabilities to complement our liquid alternatives capabilities, we are very well positioned,” he added.

“More than ever today’s dynamic market forces require asset owners and allocators to future-proof their data collection, systems, and processes with robust technology and services,” said Nick Bourne, Commercial Director, EMEA. “Multiple siloed legacy tools and systems mean higher costs, operational inefficiencies increased risks, and potentially missed opportunities. I look forward to helping Vidrio build relationships to meet these opportunities,” Bourne added.

Nick will be responsible for building client relationships across the allocator space including asset managers, insurance companies, endowments and foundations, pensions, family offices, wealth managers, sovereign wealth funds, and more.

About Vidrio Financial

Vidrio Financial (www.vidrio.com) is the first Technology Enabled Service for allocators — providing managed data services and portfolio management software to institutional investors globally. Vidrio’s multi-asset class data services, analytics, and workflow applications empower allocators to take control of their complex investments and external manager relationships while reducing costs, optimizing resources, and mitigating operational risk.

For More Information:
Click the button above or send an email to info@vidrio.com

Media Inquiries:

Craig Allen, Managing Principal
Allen & Associates Communications
P: +1 475 419 4468
craig.allen@aacomms.net

SOURCE Vidrio Financial

https://www.prnewswire.com/news-releases/vidrio-financial-hires-nick-bourne-to-lead-growth-in-emea-market-301657736.html

Filed Under: News

Shanghai Futures Exchange and Shanghai International Energy Exchange publish Q3 trading volume statistics of 2022

October 23, 2022 by Jason Shortes

News provided by

Shanghai Futures Exchange

Oct 22, 2022, 12:59 PM ET


SHANGHAI , Oct. 22, 2022 /PRNewswire/ — Shanghai Futures Exchange (SHFE) and its subsidiary Shanghai International Energy Exchange (INE) have released trading volume statistics for the third quarter of 2022.

Main points:

The total trading volume for SHFE reached 528,014 thousand lots in the third quarter of 2022, a decrease of 5.19% from the prior period, with an average daily open interest of 9,029 thousand lots. The total number of trading days was 65.

– Total copper trading volume in Q3 was 16,393 thousand lots, while average daily open interest was 414 thousand lots

– Total aluminum trading volume in Q3 was 26,798 thousand lots, while average daily open interest was 399 thousand lots

– The total nickel trading volume in Q3 was 12,025 thousand lots, while the average daily open interest amounted to 123 thousand lots

– Total silver trading volume in Q3 was 48,741 thousand lots, while average daily open interest was 846 thousand lots

– Total reinforcing steel trading volume in Q3 was 155,173 thousand lots, while average daily open interest was 2,911 thousand lots

– Total fuel oil trading volume in Q3 was 72,018 thousand lots, while average daily open interest was 579 thousand lots

– Total paper pulp trading volume in Q3 was 22,855 thousand lots, while the average daily open interest amounted to 372 thousand lots

– The total trading volume for copper options in Q3 was 3,915 thousand lots, while the average daily open interest amounted to 68 thousand lots

– Total trading volume for gold options in Q3 was 1,153 thousand lots, while the average daily open interest accounted for 42 thousand lots

More details can be found at: http://www.shfe.com.cn/en/MarketData/

The total trading volume for INE reached 37,517 thousand lots in the third quarter of 2022, an increase of 115.05% year-over-year, with an average daily open interest of 346 thousand lots. The total number of trading days was 65.

– Total copper trading volume in Q3 was 1,776 thousand lots, while average daily open interest was 22 thousand lots

– Total crude oil trading volume in Q3 was 15 267 thousand lots, while the average daily open interest accounted for 76 thousand lots

– Total trading volume for LSFO in Q3 was 14,557 thousand lots, while the average daily open interest amounted to 127 thousand lots

– Total trading volume for TSR 20 in Q3 was 3,867 thousand lots, while the average daily open interest accounted for 94 thousand lots

– Total crude oil options trading volume in Q3 was 2,051 thousand lots, while the average daily open interest amounted to 27 thousand lots

For more information please visit : https://www.bartechnologies.uk/

Over SHFE

The Shanghai Futures Exchange (“SHFE”), which ultimately aims to serve the real economy, is subject to the unified regulation of the China Securities Regulatory Commission (“CSRC”) and organizes CSRC-approved futures trading according to the principles of openness , impartiality, honesty and integrity. Currently there are 20 futures contracts and 6 commodity options available for trading on SHFE.

Over INE

The Shanghai International Energy Exchange (“INE”), which was registered in the China ( Shanghai ) Pilot Free Trade Zone in 2013, manages the listing, clearing, settlement and delivery of futures, options and other derivatives, formulates business rules, implements self-regulation , publishes market intelligence and provides technology, location and facility services.

SOURCE Shanghai Futures Exchange

https://www.prnewswire.com/news-releases/shanghai-futures-exchange-en-shanghai-international-energy-exchange-publiceren-handelsvolumestatistieken-q3-van-2022-301656618.html

Filed Under: News

Virtus Investment Partners Announces Agreement to Add AlphaSimplex Group as Affiliated Manager

October 23, 2022 by Jason Shortes

News provided by

Virtus Investment Partners, Inc.

Oct 22, 2022, 3:45 PM ET

Leading manager of liquid alternative strategies

HARTFORD, Conn., Oct. 22 , 2022 /PRNewswire/ — Virtus Investment Partners, Inc. (NASDAQ: VRTS ), which operates a multi-boutique wealth management business, announced today that it has entered into an agreement to acquire AlphaSimplex Group, LLC , a leading manager of liquid alternative investment solutions with $10.9 billion in assets under management 1 , from Natixis Investment Managers.

AlphaSimplex is a leading provider of systematic alternative investment solutions for institutional and private clients. The offering is designed to adapt to changing market dynamics and offers the potential for positive, uncorrelated investment returns even during the most challenging phases of the market. His strategies include his trend-following managed futures strategy, offered through the 5-Star Morningstar Rated™ $3.5 billion 2 AlphaSimplex Managed Futures Strategy Fund (ASFYX), the third-largest US mutual fund in its class.

has distinct alternative investment capabilities that complement our broad range of traditional and other liquid alternative strategies,” said George R. Aylward, Virtus ” AlphaSimplex ‘ President and Chief Executive Officer offers clients differentiated investment strategies that deliver strong, uncorrelated returns across market cycles Chief Executive Officer Duncan BE Wilkinson, Chief Investment Officer and Portfolio Manager Alexander D. Healy, Chief Research Strategist and Portfolio Manager Kathryn M. Kaminski and their team have a qualitative built a high-quality, customer-centric business and we welcome the opportunity to add AlphaSimplex as an affiliated manager.”

“We are very excited to begin this next chapter in our story and welcome the opportunity to continue delivering positive outcomes for our clients as part of Virtus, another organization that shares our commitment to the long-term success of investors,” said Wilkinson, “Our strong growth and performance is a testament to our team and process, and the important role that alternatives such as managed futures can play in a diversified portfolio, as today’s market environment clearly demonstrates.”

As a boutique subsidiary of Virtus, AlphaSimplex maintains autonomy over its investment processes, brand and culture without changes to investment strategies or management or investment teams, ensuring continuity for its clients and distributors. AlphaSimplex will benefit from Virtus’ strong marketing and sales capabilities in the retail and institutional sectors to expand its presence in the US retail, institutional and sub-advisory channels, as well as non- US markets , as well as shared business support Expand service model and product development capabilities.

Virtus will acquire 100% of AlphaSimplex from Natixis Investment Managers and seek to acquire the two US mutual funds managed by AlphaSimplex and, subject to regulatory approval, a Luxembourg -based UCITS fund. It was agreed not to disclose the terms of the transaction. Virtus assumes that the transaction will be financed with the available funds. The transaction is expected to close in late first quarter of 2023, subject to customary closing conditions, required regulatory, investment fund board and fund shareholder approvals.

Piper Sandler & Co. acted as financial advisor on the transaction and Morgan Lewis & Bockius LLP acted as legal counsel to Virtus. RBC Capital Markets, LLC acted as financial advisor and Ropes & Gray LLP acted as legal advisor to Natixis Investment Managers.

Information about the AlphaSimplex Group

AlphaSimplex Group is a Registered Investment Advisor committed to expanding the way the world invests with the power of diversification. We specialize in research and analysis of markets and behavior including volatility and risk. The company develops systematic investment strategies that adapt to changing market dynamics, using mainly liquid futures and forward transactions. Our goal is to achieve investment success and positively impact clients and colleagues by embracing a thoughtful culture of innovation, collaboration and excellence.

About Virtus Investment Partners

Virtus Investment Partners (NASDAQ: VRTS ) is a unique partnership of boutique investment managers dedicated solely to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers , each with their own investment style and autonomous investment process, and selected sub-advisers. Investment solutions are available in different disciplines and product types to meet a wide range of investor needs. for more information about our company, our investment partners and strategies Visit virtus.com .

About Natixis Investment Managers

Natixis Investment Managers’ multi-affiliate approach connects clients with the independent thinking and focused expertise of over 20 active managers. Natixis Investment Managers is one of the world’s largest wealth managers 3 with more than US$1.2 trillion under management 4 and offers a wide range of solutions across asset classes, styles and vehicles, including innovative environments , social and governance (ESG) strategies and products to promote sustainable finance. The firm works with clients to understand their unique needs and to provide insights and investment solutions tailored to their long-term goals. , Natixis Investment Managers Headquartered in Paris and Boston is part of the Global Financial Services division of Groupe BPCE, France’s second largest banking group, through the Banque Populaire and Caisse d’Epargne retail networks. For more information, visit the Natixis Investment Managers website at im.natixis.com .

Before investing, you should consider the fund’s investment objective, risks, charges and expenses. Visit im.natixis.com or call 800-225-5478 for a prospectus or summary prospectus containing this and other information. Read it carefully .

Investments in mutual funds involve risks. Capital losses are possible. Futures and forward transactions can involve a high level of risk and potentially unlimited losses. Because they depend on the performance of an underlying asset, they can be highly volatile and subject to market, credit and counterparty risks.

Morningstar Information

Morningstar Rating: Systematic Trend – Class Y (as of September 30, 2022)
Overall rating derived from the weighted average of 3-, 5- and 10-year (if applicable) Morningstar rating metrics; other ratings are based on risk-adjusted returns.
Total of 73 funds *****
Three years from 73 funds *****
Five years from 64 funds *****
Ten years of 33 funds *****

For each fund with a maturity of at least three years, Morningstar calculates a Morningstar Rating™, which ranks the fund relative to other funds in the same category. It is calculated based on a risk-adjusted Morningstar return measurement, which takes into account the variation in a fund’s monthly excess performance, with no adjustment for charges (front-end, deferred or exit fees), with a greater emphasis on downside swings and consistent performance being rewarded. ETFs and mutual funds are considered as a single population for comparison purposes. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star (each Share class is counted as a fraction of a fund within this scale and valued separately which may result in slight variations in distribution percentages). Past performance is no guarantee of future results . © 2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is owned by Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) no guarantee is made as to its accuracy, completeness or timeliness. Neither Morningstar nor its content providers are responsible for any damage or loss resulting from any use of this information.

The AlphaSimplex Managed Futures Strategy Fund is distributed by Natixis Distribution, LLC, a limited purpose broker-dealer and distributor of various registered investment companies to which advisory services are provided by affiliates of Natixis Investment Managers. Natixis Distribution, LLC is located at 888 Boylston Street, Suite 800, Boston , MA 02199-8197. Member FINRA, SIPC. 800-225-5478 at.natixis.com .

Forward-Looking Statements

This press release contains statements that are, or may be deemed to be, forward-looking statements. All statements that are not historical facts, including statements about our beliefs or expectations, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements can be identified by forward-looking words such as “expect”, ” estimate”, “intend”, “plan”, “intend”, “believe”, “anticipate”, “may”, “will”, “should”, “could”, “continue”, “project”, “opportunity” , “predict,” “would,” “potential,” “future,” “forecast,” “guarantee,” “anticipate,” “likely,” “aim,” or similar statements or variations of such terms.

Our forward-looking statements are based on a number of expectations, assumptions and projections about the company and the markets in which we operate. There are no guarantees of future results or performance and they are subject to significant risks and uncertainties. These include assumptions and forecasts regarding our assets under management, net asset inflows and outflows, cash flows from operations, business plans and our borrowing capacity for any future period. All of our forward-looking statements speak only as of the date of this presentation. The Company cannot guarantee that any such expectations or forward-looking statements will prove to be correct. Actual results may differ materially.

Our business and our forward-looking statements involve significant known and unknown risks and uncertainties, including those discussed under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our 2021 Annual Report on Form 10-K, supplemented by our periodic filings with the Securities and Exchange Commission (the “SEC”), and the following risks and uncertainties arising from: (i) a decrease in our assets under management; ii) general domestic and global economic, political and pandemic conditions; (iii ) the inability to achieve the anticipated benefits of our strategic transactions; (iv) the ongoing impact of the COVID-19 pandemic and related global economic disruption; v) a rescission, renegotiation or termination of investment advisory agreements; (vi) damage to our reputation ; (vii) the inability it to meet financial obligations and payments related to our indebtedness; viii) inability to attract and retain key personnel; (ix) challenges from the competition we face in our business; x) adverse developments relating to unaffiliated Sub-Advisers; xi) adverse changes in key distribution relationships; (xii) interruptions or non-provision of critical technological services by us or third parties; (xiii) the risk of loss of our investments; xiv) lack of sufficient capital on satisfactory terms; xv) adverse regulatory and legal developments; xvi) failure to comply with investment guidelines or other contractual requirements; (xvii) adverse civil litigation and governmental investigations or proceedings; (xviii) unfavorable changes in tax laws or restrictions; (xix) volatility related to our common stock; (xx) inability to pay quarterly common stock dividends; (xxi) certain corporate governance provisions in our charter and articles of incorporation; xxii) any loss or expense not covered by insurance; (xxiii) an impairment of goodwill or intangible assets; and other risks and uncertainties. Any occurrence or material adverse change in one or more of the risk factors or risks and uncertainties referenced above in our 2021 Annual Report on Form 10-K and our other periodic reports filed with the SEC could affect our business, financial results, cash flows, prospects and liquidity significantly and adversely affect.

Certain other factors that may affect our continuing operations, prospects, financial results and liquidity, or that may cause actual results to differ from such forward-looking statements, are discussed in or included in the Company’s periodic reports to the SEC and are available on our website at www.virtus.com under “Investor Relations”. We urge you to consider all of these factors carefully.

The Company does not undertake and does not plan to update or revise any such forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or forecasts or other circumstances occurring after the date of this press release, even if such results, changes or circumstances make it clear that the forward-looking statements will not materialize. If there are any future public statements or disclosures made by us that change or affect the forward-looking statements in or about this press release, such statements or disclosures are deemed to change or supersede those statements in this press release.

1 As of September 30, 2022. Assets under Management (AUM) includes the trade size (capital) of AlphaSimplex-managed separately managed accounts (excluding overlay accounts) that the client has elected to partially fund the strategy finance. This metric for assets under management is not in line with the regulatory AUM.
2 Overall rating derived from the weighted average of 3-, 5- and 10-year (if applicable) Morningstar rating metrics; other ratings based on risk-adjusted returns.
3 Cerulli Quantitative Update: Global Markets 2022 ranked Natixis Investment Managers as the eighteenth largest wealth manager in the world based on assets under management as of December 31, 2021.
4 Assets under management (“AUM”) of the current affiliates as of June 30, 2022 is US$1.2 trillion (€1.1 trillion). AUM may include notional assets, assets under management, gross assets, as reported , minority-owned affiliate assets and other types of non-regulatory managed or supervised assets managed or supervised by Natixis Investment Managers affiliates.

Logo – https://mma.prnewswire.com/media/450325/Virtus_Investment_Partners_Logo.jpg

SOURCE Virtus Investment Partners, Inc.

https://www.prnewswire.com/news-releases/virtus-investment-partners-gibt-vereinbarung-zur-aufnahme-der-alphasimplex-group-als-affiliated-manager-bekannt-301656652.html

Filed Under: News

“Workers Compensation Insurance Market Sourcing and Procurement Market Report” Reveals that this Market will have a Growth of USD 10.21 Billion by 2026

October 21, 2022 by Jason Shortes

News provided by

SpendEdge

Oct 21, 2022, 18:28 ET

  • The workers Compensation Insurance Sourcing and Procurement Market Report highlights the effect of COVID-19 on this market.
  • American International Group, Berkshire Hathaway, and Liberty Mutual Holding will emerge as the key Workers Compensation Insurance Sourcing and Procurement Report suppliers by 2026.

NEW YORK, Oct. 21, 2022 /PRNewswire/ — The Workers Compensation Insurance Sourcing and Procurement Market will grow at a CAGR of 5.25% by 2026. This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Workers Compensation Insurance Sourcing and Procurement Report requirements.

Fetch Pandemic-Driven Insights on Workers Compensation Insurance Sourcing and Procurement Market:

Major Price Models in the Workers Compensation Insurance Sourcing and Procurement Market

The report discusses in detail each pricing model and the pros and cons attached to every pricing model prevalent in the market. Also, the report provides insights with respect to the category supply chain and the margins of various suppliers within the supply chain.

  • The most widely adopted pricing models in the Workers Compensation Insurance Sourcing and Procurement Market
    • Pay-as-you-go pricing model
    • The estimated payroll pricing model
    • Risk-based pricing model
      • Read more about the pricing models
Spend Growth and Demand by Region

The Workers Compensation Insurance Sourcing and Procurement market will register an incremental spend of about USD 10.21 Billion during the forecast period. However, only a few regions will drive the majority of this growth. Moreover, on the supply side, North America, Europe, and APAC will have the maximum influence owing to the supplier base. The growth is expected to be primarily driven by increasing demand and adoption of the category across those few regions.

Subscribe to our “Free Limited Period Starter Procurement Plan” to get the following:
  • View 6 full reports
  • View 800+ report samples
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  • Dedicated account manager

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Most Adopted Procurement Strategies by Buyers Across the Workers Compensation Insurance Sourcing and Procurement Market

The report provides a detailed insight into the most adopted procurement strategies by buyers across industries and an analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost. Adoption of these procurement strategies will enable the buyers to reduce category TCO and achieve cost savings, while sourcing for thermal equipment requirements.

https://www.spendedge.com/sample-report/workers-compensation-insurance-sourcing-and-procurement-intelligence-report

This Workers Compensation Insurance Sourcing and Procurement Market  report answers help buyers identify and shortlist the most suitable suppliers, for instance:
  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the workplace computing devices category essentials in terms of SLAs and RFx?
Our Top Selling Procurement Reports :
  1. Fuel Oil Utilities – Forecast and Analysis: This report offers detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the fuel oil utilities procurement and sourcing market, which the global suppliers have been leveraging to gain a competitive edge across regions. Some of the leading fuel oil utilities suppliers are profiled extensively in this report.
  2. Oil Spill Solutions Sourcing and Procurement Report: This oil spill solutions procurement market report provides a detailed analysis of procurement strategies deployed by major category end-users across several industries while sourcing for oil spill solutions requirements. In addition, buyers’ most adopted and high-potential pricing models have been analyzed in this report, which will help understand business scopes for revenue expansion. These data will assist buyers to realize cost savings and identify business strategies to improve sales.
  3. Crude Oil – Sourcing and Procurement Intelligence Report: The crude oil procurement market report provides a detailed analysis of various supplier selection criteria, RFX questions, supplier evaluation metrics, and the service level agreements that the buyers should consider adopting to achieve significant cost savings, streamline the procurement process, and reduce category TCO while sourcing for crude oil requirements.
About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

Contact
SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us

SOURCE SpendEdge

https://www.prnewswire.com/news-releases/workers-compensation-insurance-market-sourcing-and-procurement-market-report-reveals-that-this-market-will-have-a-growth-of-usd-10-21-billion-by-2026–301655289.html

Filed Under: News

CGTN: Striding on new journey, CPC unveils agenda of 20th National Congress

October 16, 2022 by Jason Shortes

News provided by

CGTN

Oct 15, 2022, 23:18 ET

BEIJING, Oct. 15, 2022 /PRNewswire/ — The 20th National Congress of the Communist Party of China (CPC) comes as China is striding forward on a new journey to build a modern socialist country in all respects.

The CPC on Saturday unveiled the key agenda of its 20th National Congress, saying all preparations had been completed for the congress, which will open at 10 a.m. (local time) on Sunday in Beijing.

The congress will envision the two stages toward building a great modern socialist country in all respects and set out strategic tasks and major measures for the next five years, Sun Yeli, spokesperson for the congress, told a news conference on Saturday afternoon.

According to the two-step strategic plan, socialist modernization will be basically realized from 2020 to 2035. From 2035 to the mid-21st century, China will become a great modern socialist country, prosperous, strong, democratic, culturally advanced, harmonious and beautiful.

“No matter how the world changes, China will be unswerving in its determination and resolve to open itself up,” said Sun, adding that the country will steadfastly implement a wider, broader and deeper opening-up to the outside world.

Representing more than 96 million CPC members and over 4.9 million primary-level Party organizations, a total of 2,296 delegates, whose qualifications had been confirmed as valid, will attend the week-long congress.

Among the delegates, 771 are working on the frontline, accounting for 33.6 percent of the total. There are 619 female delegates, or 27 percent of the total, an increase of 2.8 percentage points compared with the figure of the 19th CPC National Congress five years ago.

Agenda set

The agenda of the 20th CPC National Congress was approved at a preparatory meeting presided over by Xi Jinping on Saturday afternoon.

Delegates are expected to hear and review a report of the 19th CPC Central Committee, examine a work report of the 19th CPC Central Commission for Discipline Inspection (CCDI), deliberate and adopt an amendment to the CPC Constitution, and elect the 20th CPC Central Committee and the 20th CPC Central Commission for Discipline Inspection, according to the agenda.

During the preparatory meeting, participants also approved a list of 243 members of the presidium of the congress, and that Wang Huning will serve as secretary-general of the congress.

Reviewing report by 19th CPC Central Committee

According to Sun, one of the most important items on the agenda will be the hearing and reviewing of the report submitted by the 19th CPC Central Committee.

Opinions of more than 4,700 people were collected on the draft report, he said.

Xi, general secretary of the CPC Central Committee, also held five symposiums to hear the opinions and suggestions of people from various sectors, including non-CPC personages, on the draft report, said the spokesperson.

The report, along with a CCDI work report and an amendment to the Party Constitution, will be submitted for deliberation at the upcoming congress.

Amending Party Constitution

The amendment to the CPC Constitution at the upcoming congress will incorporate the major theoretical views and strategic thinking to be established in the report of the 19th CPC Central Committee to the 20th CPC National Congress, said Sun.

The amendment will fully embody the latest achievements in adapting Marxism to the Chinese context and to the needs of the times, said the spokesperson.

It will also enshrine the new ideas, thoughts and strategies on national governance that the CPC Central Committee has set forth since the 19th CPC National Congress, while reflecting the latest experience in the Party’s development and work, he said.

The amendment will meet new requirements for advancing the Party’s development and work in the face of new circumstances and new tasks, Sun added.

Electing new CPC leadership

Following the conclusion of the 20th CPC National Congress, a new central leadership will be elected at the first plenary session of the 20th CPC Central Committee.

After the plenary session, members of the new Standing Committee of the Political Bureau of the 20th CPC Central Committee will meet the press, said Sun.

The spokesperson also took questions from domestic and foreign reporters on some of the major issues up for discussion at the upcoming congress, ranging from China’s economy and COVID-19 response to the Taiwan question and China-U.S. relations.

When speaking about China’s economic growth over the past decade, Sun said the country had lifted all of its 98.99 million impoverished rural residents out of poverty by the end of 2020, a miracle in the human history.

“We have the confidence, resolve and capability to meet new goals and create greater miracles on the way forward,” he said.

https://news.cgtn.com/news/2022-10-15/Striding-on-new-journey-CPC-unveils-agenda-of-20th-National-Congress-1e9HiFh4Xu0/index.html

SOURCE CGTN

https://www.prnewswire.com/news-releases/cgtn-striding-on-new-journey-cpc-unveils-agenda-of-20th-national-congress-301650218.html

Filed Under: News

Will A.I. Rewrite History? Kevin Kelly Dialogue With HistoryDAO

October 13, 2022 by Jason Shortes

News provided by

Historydao

Oct 12, 2022, 22:48 ET

Interview #2 with Wired Magazine’s founder and world-renowned technology optimist

NEW YORK, Oct. 12, 2022 /PRNewswire/ — Kevin Kelly has been famous for his sense of the direction of all things technological since the 1980s. His books on the subject published over a span of decades are consistent best sellers. When something new comes over the technological horizon, such as A.I. and blockchain, the world is eager for his opinions, and HistoryDAO has the privilege of having his opinions directly for the second time this year.

In the first interview, HistoryDAO spoke with Mr. Kelly on the subject of “What Technology Wants,” and a good deal of conversation covered specifically “what blockchain technology wants,” and the role of NFTs.

 

“The fact that you know London is the capital of England is just a consensus,” said Kelly in the earlier interview. “The very thing itself is a consensus. Not just the representation of it.” This part of Kelly’s discussion brought to light the role of consensus in Truth, implying that the Platonic ideal for Truth may have been consensus all along. NFTs and blockchain, of course, are founded on the codification of consensus.

Taking these insights from Mr. Kelly to heart, the HistoryDAO team came to realize how important consensus has always been considered all the way back to the founding of Western philosophy by Plato, who believed that while objective truth existed, it could only be revealed through “dialectic,” which bears significant analogy to the modern concept of consensus.

In the coming weeks, HistoryDAO, represented by founder and CEO Sky Harris, and Mr. Kelly will add a favorite and increasingly critical topic to the dialectic–artificial intelligence, or A.I. Does A.I. have a role to play, or will it soon have a role to play, as a participant in dialectic itself? Do blockchain and NFTs have a unique touchpoint with Truth? The conversation will pursue such questions with reference to lessons from history and technology’s role in the future. Mr. Kelly’s perspective on A.I. will be explored as well in the context of another passion of his–art–as a universal and uniquely human endeavor.

Look for the conversation on HistoryDAO’s YouTube channel in the coming weeks.

About HistoryDAO

HistoryDAO is where the world records history in Web3. The Web3 community comes together on the HistoryDAO platform to mint historic and current events immutably on the blockchain to be preserved—unchanged and indelible—as HistoryNFTs. The decentralization and democratization of history with blockchain and NFT technology is governed by you, the DAO, the people. Write, record, analyze, adjudicate, and mint our world as it unfolds across the globe every day with HistoryDAO and HistoryNFTs.

Twitter: https://twitter.com/History_DAO

Discord: https://discord.com/invite/MFCxaEp2Zn

YouTube: https://www.youtube.com/c/HistoryDAO

Website: https://historydao.io

About Kevin Kelly

Kevin Kelly is renowned  for his seminal role in the history of the Internet. It can be said that he “was there from the beginning.” Mr. Kelly co-sponsored the first Hackers Conference in 1984 under the auspices of the publisher of the Whole Earth Catalog, which also supported the oldest digitally based community bulletin board, The WELL, founded in 1985, and still operating today. In the early 90s he became founding editor and “Senior Maverick” of Wired Magazine. In his career as a chronicler observing the relationship between human beings and technology, he became famous for making dependable predictions about what that relationship would produce in the future.

Mr. Kelly has published several best-selling philosophical books on technology over the past decades, and his most recent work is a labor of love from the time he first arrived in an Asian country with camera in hand. It’s called “Vanishing Asia,” an anthology of more than nine thousand photographs he took while traveling through Asia since the 1970s.

SOURCE Historydao

https://www.prnewswire.com/news-releases/will-ai-rewrite-history-kevin-kelly-dialogue-with-historydao-301648071.html

Filed Under: News

Fierce Competition Ahead as Less Than 100 Asset Managers Secure Two-Thirds of Industry Asset Flows

October 12, 2022 by Jason Shortes


News provided by

Broadridge Financial Solutions, Inc.

Oct 12, 2022, 03:00 ET

Broadridge whitepaper finds organic growth across the global asset management industry expected to slow into 2031, but identifies new standards of differentiation to help firms win

NEW YORK and LONDON, Oct. 12, 2022 /PRNewswire/ — Organic growth across the global asset management industry, measured on a total net asset flows basis, is expected to slow from a compound annual growth rate (CAGR) of 3.9% over the last decade to 1.7% from 2021 to 2031 as competition heats up between both challengers and incumbents alike, according to a newly released whitepaper, The New Competitive Calculus: Winning with Data-Driven Strategy by global Fintech and asset management advisory leader Broadridge Financial Solutions, Inc. (NYSE:BR).

Despite this, Broadridge forecasts that net asset inflows will still expand by a healthy US$18T over the next decade, helping to push total assets under management (AUM) to a record of more than USD$170T– unlocking exciting new avenues for growth and challenges to overcome for those that can adapt to change.

 

Stiffer competition

Competition, however, will be more fierce as growth slows. Broadridge’s research reveals three increasingly distinct classes of industry competitors, two of which – expanding incumbents and innovative challengers – dominate the industry’s organic growth. Already less than 100 asset management firms globally accounted for nearly 64% of the industry’s $14.4 trillion-plus in net new flows gathered since 2016, according to Broadridge’s research.

“Opportunities will be driven by different capabilities and clients – from institutions to individuals, and from the US and Europe towards Asia, especially China,” said Ben Phillips, head of Asset Management Global Advisory Services, Broadridge. “While secular changes manifest in different ways, there are still primary drivers that asset managers need to look out for to maximize their growth. The reality is that these changes are creating unmet needs, all of which are opportunities to innovate and reposition themselves for growth.”

Broadridge expects significant opportunities to be had aligning business strategies to meet shifting secular trends, many of which, if missed, will increasingly bifurcate the market between winners and losers.

The study predicts that individual investors will drive 69% of net flows in the coming decade significantly overtaking institutional investors, while private markets will shift from driving 16% of net flows between 2011 to 2021 to 32% of net flows between 2021 to 2031. In terms of regions, The New Competitive Calculus outlines net investment flows shifting from the US and Europe toward Asia Pacific, especially China. APAC will drive 42% of net flows between 2022 to 2031, from just 26% between 2012 to 2021.

As individual investors seek to use their portfolios to address a wider array of financial and non-financial objectives, thematic investing is expected to rise. One example is the momentum in ESG and impact-oriented investing, which will account for 27% of net flows during the next decade.

New standards of differentiation

The above trends are dramatically changing the competitive forces facing asset managers today. Strong investment performance has long been regarded by the industry as the primary differentiator to win market share. However, with the shifts in opportunities identified in the whitepaper, performance is not enough to stand out. Today, competitive differentiation is being defined across four major dimensions:

Faster product innovation – Quick and effective innovation is key. Successful asset managers have adopted an innovation- and product-focused strategy where product development is a central role supported by data and propelled by a flexible distribution network.

Stronger distribution – Successful asset managers are set apart by their ability to scale. This means multiplying points of influence, strengthening relationships beyond value intermediaries, and building exclusive distribution relationships as a protected channel against rivals. A data-driven approach to segmentation helps maximize resource efficiencies and create leverage to better monetize distribution advantages.

More flexible delivery – Competitive asset managers have recognised the need to customise access for end-investors, becoming increasingly flexible with delivery models, especially for priority products and markets where such changes contribute to divisive market leadership. In determining which delivery models are worth pursuing, successful asset managers are focused on implementation cost, technologies that allow customization and portfolio personalization, and delivery capabilities that allow operational efficiency.

Better brand building – A competitive brand will set asset managers apart against the noise of new product capabilities and products, striking a balance between regional norms and global positioning. Strategic decisions include linking brand attributes to clear competitive advantages and embedding innovation and change as brand attributes.

Learn more about these trends shaping the global asset management industry from Broadridge’s whitepaper. Click here to access The New Competitive Calculus: Winning with Data-Driven Strategy.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than U.S. $9 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

For more information about Broadridge, please visit www.broadridge.com.

Media Contacts:

North America
Matthew Luongo
Prosek Partners
+1 646-818-9279
mluongo@prosek.com

Europe
Ruby Yeomans
Cognito
+44 (0) 7463730043
BroadridgeEMEA@cognitomedia.com

Asia Pacific
Kainoa Blaisdell
Teneo
+65 6955 8874
ASIA-broadridge@teneostrategy.com

SOURCE Broadridge Financial Solutions, Inc.

https://www.prnewswire.com/news-releases/fierce-competition-ahead-as-less-than-100-asset-managers-secure-two-thirds-of-industry-asset-flows-301645376.html

Filed Under: News

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