June 22, 2021
  • June 22, 2021

Asset Risk

With up to 25% of assets on display, Schwab, Fidelity and Vanguard add algorithms to detect diminished mental capacity in aging clients, but RIAs are sitting ducks, new report finds

by on June 12, 2021 0

The vanguard of the baby boomer generation is now 75 years old, near the average for the onset of Alzheimer’s disease, and up to 25% will suffer from reduced ability, which will make them vulnerable to poor decision-making or exploitation Vanguard Group, Fidelity Investments and Charles Schwab have already added automated triggers to detect...

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ACC Trust uses ABS for the fifth time

by on June 11, 2021 0

RAC Asset Holdings, a company that provides used car finance exclusively through leases, is preparing to raise $ 239.8 million in the asset-backed securities market through its ACC Trust 2021-1 . RAC, based in Memphis, Tennessee, is the captive finance company that provides lease finance directly to customers through American Car Center, the brand...

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WSFS and BMTC Receive Shareholder Approval to Merge

by on June 10, 2021 0

WILMINGTON, Del. and BRYN MAWR, Pa., June 10, 2021 (GLOBE NEWSWIRE) – WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today that their respective shareholders have approved the announced merger of BMTC into WSFS at a special meeting of shareholders of each company. “The approval of the shareholders...

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The MAS presents its climate strategy in its first report on sustainable development

by on June 9, 2021 0

Five asset managers have been appointed to manage S $ 1.8 billion of Singapore’s official foreign exchange reserves under new mandates focused on climate change and the environment. The MAS (Monetary Authority of Singapore) released its first sustainability report, outlining its strategy to strengthen the resilience of Singapore’s financial sector to environmental risks and...

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China investigates senior bad debt official for corruption

by on June 9, 2021 0

China is investigating an executive of one of its top troubled state-backed debt managers for corruption, six months after the execution of a former senior banking official for corruption. Hu Xiaogang, vice chairman of China Great Wall Asset Management, is under investigation by the Central Commission for Discipline Inspection, the country’s anti-corruption watchdog, for...

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Critical business operations are at risk and businesses are not making them a priority

by on June 8, 2021 0

Many companies around the world with industrial operating environments, commonly referred to as operational technology (OT) environments, do not invest the same resources in protecting OT systems as they do in securing their corporate environments. Yet these same companies are investing heavily to transform these environments with modern technologies and techniques to improve productivity,...

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AIMCo Profile | Top1000Funds.com

by on June 8, 2021 0

In October 2020, AIMCo, the C $ 118 billion Canadian fund appointed its first director of investment strategy, dividing the investment function between top-down strategy and bottom-up implementation responsibilities. Amanda White talks to Amit Prakash about how the new feature will provide clients with valuable investment information. Although AIMCO previously created this position late...

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Nippon Life India Asset Management Limited (NSE: NAM-INDIA) has passed our checks and is about to pay a dividend of ₹ 5.00

by on June 6, 2021 0

Nippon Life India Asset Management Limited The stock (NSE: NAM-INDIA) is about to trade excluding dividends in three days. The ex-dividend date is a business day before a company’s registration date, which is the date the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because every time...

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Canzano: Trail Blazers must find a new start or risk losing Damian Lillard; parting ways with coach Stotts was a start | Sports

by on June 5, 2021 0

The game has ended. The season has ended. That goddamn Trail Blazers era looked like a popsicle melting on the sidewalk Thursday night. The final act was of course a dud, wasn’t it? Playing on their home turf and facing elimination, the Blazers withered in Game 6. Denver won 126-115. Portland was beaten 28-14...

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