RBC Global Asset Management Inc. Announces Closure of Phillips, Hager & North High Yield Bond Fund to New Investors RBC Global Asset Management Inc. has made a significant announcement today regarding the closure of the Phillips, Hager & North High Yield Bond Fund to new investors. As of June 28, 2024, the Fund will no…
Two Experienced Wealth Management Professionals Join Fiduciary Trust International in Atlanta, Strengthening Local Team Growth
Fiduciary Trust International Welcomes Laura C. Pease and James T. Farmer to Atlanta Team Title: Fiduciary Trust International Welcomes Laura C. Pease and James T. Farmer to Atlanta Team In an exciting development for Fiduciary Trust International, Laura C. Pease and James T. Farmer have joined the firm as managing director, senior trust officer, and…
Jefferies Financial Group Raises Price Target for LXP Industrial Trust (NYSE:LXP) to $12.00
Jefferies Financial Group Raises Price Target for LXP Industrial Trust (NYSE:LXP) Jefferies Financial Group Raises Price Target for LXP Industrial Trust to $12.00 In an exciting development for investors, Jefferies Financial Group has increased its price target for LXP Industrial Trust from $11.00 to $12.00. This upgrade comes with a buy rating on the real…
SJP research reveals that reducing energy costs is a top priority for the nation’s financial manifesto
Financial Priorities for the Nation: New Research by St. James’s Place Highlights Top Concerns The launch of various political party manifestos this week has brought to light the biggest financial issues that the nation wants the incoming Government to address. According to new research by St. James’s Place (SJP), short-term issues are dominating the top…
Archives of the Alternative Investment Market (AIM)
Oakglen Wealth Partners with Toscafund to Launch AIM Portfolio IHT Solution Oakglen Wealth and Toscafund Asset Management LLP have joined forces to introduce a groundbreaking inheritance tax solution for investors. This partnership will offer clients access to an Alternative Investment Market (AIM) portfolio service, allowing Oakglen to invest in qualifying smaller companies listed on the…
Tips from Investment Firm Leaders on Helping Employees Advance in Their Careers
Creating Effective Career Paths in Wealth Management: Advice from Industry Leaders In the competitive world of wealth management, attracting and retaining talent is crucial for firms looking to stay ahead. One key factor in this competition is the ability to provide clear career paths for young advisors and professionals. However, there is no one-size-fits-all approach…
Modernizing Advisor Compensation Platforms: The Key to Success | EY
Enhancing Compensation Management in Wealth Management Wealth managers in the financial industry are now equipped with advanced tools and technology that provide clear and accurate reporting on advisor compensation. These tools allow for dynamic viewing of compensation metrics across various time frames and sources, including referrals, product types, and different roles within the firm. One…
Today’s Stock Market Update: BSE Sensex Approaching 80,000; Nifty50 Surpasses 24,350
Indian Equity Benchmark Indices BSE Sensex and Nifty50 Rise in Opening Trade on Friday The Indian stock market opened on a positive note today, with both the BSE Sensex and Nifty50 showing gains in early trade. The BSE Sensex opened above 80,000, while the Nifty50 was above 24,350. At 9:20 AM, the BSE Sensex was…
Lawmakers deny proposal for tax exemption on Real Estate Investment Trusts
Lawmakers Reject Proposal to Reinstate Stamp Duty Exemption for Real Estate Investment Trusts (Reits) Lawmakers have rejected a proposal to reinstate stamp duty exemption on property purchased under Real Estate Investment Trusts (Reits), despite arguments from the Nairobi Securities Exchange (NSE) Plc and other stakeholders that the tax benefit would boost the uptake of Reits…
Which Indian state has the largest number of stock market investors?
Statewise Distribution of Stock Market Investors in India The Indian stock market is experiencing a surge in participation, with more individuals venturing into the world of equities. Maharashtra emerges as the state with the highest number of active investors, followed by Uttar Pradesh and Gujarat. The rise in investor participation can be attributed to factors…