Investment Trusts/Mutual Funds

News

Cohen & Company Acquires BBD's Investment Management Group
Yahoo Entertainment

Cohen & Company, one of the country's top tax and accounting firms featuring a nationally recognized Investment Industry Services Group, announced today it... more…

Doo Wealth Adds A Newly Registered Hong Kong Trust Company
Yahoo Entertainment

Doo Group's subsidiary company, namely, Doo Consulting Limited ("the Trust Company") and a member of Doo Wealth, embarks on a momentous milestone with the... more…

Highland Income Fund Announces the Regular Monthly Distribution
Yahoo Entertainment

The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0770 per share. The... more…

Adani turmoil prompts Nomura, SMFG to disclose fund exposures
Moneycontrol

Nomura Holdings Inc.’s asset management arm released details on Tuesday about 30 of its publicly offered investment trusts that hold either stocks or bonds of Adani companies. The move followed similar steps last week by units of Sumitomo Mitsui Financial G… more…

Budget 2023 enhances scope of taxation for Reits/InvITs
Moneycontrol

It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budg… more…

Veriti Rebrands as First Trust Direct Indexing L.P. – Robert Hughes Appointed CEO
Business Wire

BOSTON--(BUSINESS WIRE)--Veriti Management LLC (“Veriti”), a provider of tax-advantaged, direct indexing solutions, today announced its rebrand to First Trust Direct Indexing L.P., as well as the appointment of Robert Hughes as Chief Executive Officer (CEO), … more…

First Trust Launches First Trust Multi-Strategy Alternative ETF
Business Wire

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust Multi-Strategy Alternative ETF (NYSE… more…

Janus Henderson Group plc Reports Fourth Quarter and Full-Year 2022 Results
Business Wire

LONDON--(BUSINESS WIRE)--Janus Henderson Group plc (NYSE/ASX: JHG; “JHG” or the “Company”) published its fourth quarter and full-year 2022 results for the period ended December 31, 2022. Fourth quarter 2022 operating income was US$67.8 million compared to US$… more…

Is $1 Million Enough To Retire Early?
Due.com

It has become increasingly popular to plan for early retirement. Specifically among younger people. According to a CNBC Make It: Your Money survey in partnership with Momentive, nearly 30% of millennials and 25% of Gen Zers expect to need $1 million or more t… more…

Sun Life completes majority acquisition of Advisors Asset Management
Marketscreener.com

(marketscreener.com) TORONTO, ON; WELLESLEY, MA; MONUMENT, CO, Feb. 1, 2023 /PRNewswire/ - Sun Life Financial Inc. today announced the completion of its acquisition of a 51%1 stake in Advisors Asset Management, Inc. , a leading independent U.S. retail dist… more…

Highland Income Fund Announces the Regular Monthly Distribution
Marketscreener.com

(marketscreener.com) DALLAS, Feb. 1, 2023 /PRNewswire/ -- The Highland Income Fund today announced its regular monthly distribution on its common stock of $0.0770 per share. The distribution will be payable on February 28, 2023, to shareholders of record at… more…

Alternative Data Market Worth $135,723.5 Million by 2030 at CAGR of 52.1%: Grand View Research, Inc.
PR Newswire UK

SAN FRANCISCO, Feb. 8, 2023 /PRNewswire/ -- The global alternative data market size is anticipated to reach USD 135,723.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 52.1% from 2023 to … more…

Janus Henderson Group plc Reports Fourth Quarter and Full-Year 2022 Results
Marketscreener.com

(marketscreener.com) Solid long-term investment performance, with 41%, 67%, 70%, and 75% of assets under management outperforming relevant benchmarks on a one-, three-, five-, and 10-year basis, respectively, as of December 31, 2022 AUM increased 5% to US… more…

Lufax : Supplemental and Updated Disclosures - Form 6-K
Marketscreener.com

(marketscreener.com) net 384 499 73 ...https://www.marketscreener.com/quote/stock/LUFAX-HOLDING-LTD-114402862/news/Lufax-Supplemental-and-Updated-Disclosures-Form-6-K-42868414/?utm_medium=RSS&utm_content… more…

Direct tax: Budget gives a blueprint for sustained high-growth trajectory
Business Standard

Presently, no TDS is required on interest payable in the case of listed dematerialised securities more…

Turmoil in Adani's empire prompts Nomura, SMFG to disclose fund exposures
Business Standard

Nomura Holdings Inc.'s asset management arm released details on Tuesday about 30 of its publicly offered investment trusts that hold either stocks or bonds of Adani companies. more…

Cohen & Company Acquires BBD's Investment Management Group
PRNewswire

Combined team becomes second-largest ETF auditor and fourth-largest registered funds auditor in US CLEVELAND and PHILADELPHIA, Feb. 2, 2023 /PRNewswire/ -- Cohen & Company, one of the country's top tax and accounting firms featuring a nationally recognized In… more…

In Defense of Taking Risk
Mutualfundobserver.com

The S&P 500 Index peaked […] more…

FP Answers: What are REITs and how do they fit into a balanced portfolio?
Financial Post

There are a few things to think about before adding a REIT, or any other themed investment such as oil or tech to your portfolio. Read on. more…

Sun Life completes majority acquisition of Advisors Asset Management
PRNewswire

TORONTO, ON; WELLESLEY, MA; MONUMENT, CO, Feb. 1, 2023 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") today announced the completion of its acquisition of a 51%1 stake in Advisors Asset Management, Inc. ("AAM"), a leading independe… more…

Highland Income Fund Announces the Regular Monthly Distribution
PRNewswire

DALLAS, Feb. 1, 2023 /PRNewswire/ -- The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0770 per share. The distribution will be payable on February 28, 2023, to shareholders… more…

Alternative Data Market Worth $135,723.5 Million by 2030 at CAGR of 52.1%: Grand View Research, Inc.
PRNewswire

SAN FRANCISCO, Feb. 8, 2023 /PRNewswire/ -- The global alternative data market size is anticipated to reach USD 135,723.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 52.1% from 2023 to … more…

Deep Dive: 15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
MarketWatch

V.F., an S&P 500 Dividend Aristocrat, raised its payout for at least 25 straight years before cutting. Here's how to select dividend stocks for safety. more…