Category: Asset Management Solutions

Investment Firm Lowers Holdings in EVERTEC, Inc. (NYSE:EVTC) – Market Update Title: EVERTEC, Inc. (NYSE:EVTC) Sees Changes in Institutional Holdings and Positive Trading Trend In a recent report by Holdings Channel.com, Oppenheimer Asset Management Inc. has decreased its holdings in EVERTEC, Inc. (NYSE:EVTC) by 12.0% in the 1st quarter. The fund now owns 9,182 shares…

DLM Asset Management Wins Best Asset Management Company of the Year at AIDCA Awards DLM Asset Management Named Best Asset Management Company of the Year at AIDCA Awards LAGOS, NIGERIA / ACCESSWIRE / July 16, 2024 / DLM Asset Management, a subsidiary of DLM Capital Group, has been recognized as the Best Asset Management Company…

CIBC Asset Management Inc. Announces Launch of New ETF Series on Cboe Exchange CIBC Asset Management Inc. has announced the launch of new ETF Series to complement their successful CIBC Investment Grade Bond Funds. The new ETF Series, which have closed their initial offerings of units and will begin trading on the Cboe Exchange today,…

Blackstone Inc. (NYSE:BX) Holdings Trimmed by Envestnet Portfolio Solutions Inc. Envestnet Portfolio Solutions Inc. recently trimmed its holdings in Blackstone Inc. by 6.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm sold 1,353 shares, bringing its total holdings in Blackstone to 19,406 shares worth…

Intapp, Inc. (NASDAQ:INTA) Stake Acquired by BI Asset Management Fondsmaeglerselskab A S BI Asset Management Fondsmaeglerselskab A S recently made a significant investment in Intapp, Inc. (NASDAQ:INTA), acquiring 2,496 shares valued at approximately $86,000 during the 1st quarter. This move comes as several other hedge funds and institutional investors have also shown interest in INTA….

EPAM Systems, Inc. Stake Lessened by BI Asset Management Fondsmaeglerselskab A S BI Asset Management Fondsmaeglerselskab A S Decreases Stake in EPAM Systems, Inc. (NYSE:EPAM) In a recent filing with the Securities and Exchange Commission (SEC), BI Asset Management Fondsmaeglerselskab A S revealed that it has reduced its stake in EPAM Systems, Inc. (NYSE:EPAM) by…

Envestnet Agrees to $4.5bn Acquisition by US Private Equity Group and Asset Managers Envestnet, a leading provider of specialized software and data tools for the wealth management industry, has agreed to be acquired in a $4.5 billion deal by a US private equity group and a consortium of traditional asset managers. This acquisition highlights the…

Global Asset Management Market Overview and Growth Forecast The Global Asset Management Market is set to experience exponential growth, with projections indicating a surge from USD 371.62 Billion in 2023 to USD 7124.41 Billion by 2033. This remarkable growth is attributed to a Compound Annual Growth Rate (CAGR) of 34.36% during the forecasted period. Asset…

Rebranding Announcement: Pensionmark Financial Group Becomes World Investment Advisors World Investment Advisors, formerly known as Pensionmark Financial Group, has undergone a rebranding effort to better align with its parent company, World Insurance Associates. With $55 billion in assets under advisement and 392 registered financial advisors, the firm has seen significant growth in its wealth management…

HSBC Holdings plc (NYSE:HSBC) Stake Increased by Norden Group LLC Norden Group LLC Makes Significant Investment in HSBC Holdings plc In a recent filing with the Securities and Exchange Commission (SEC), Norden Group LLC revealed that it has purchased a new stake in HSBC Holdings plc (NYSE:HSBC). The financial services provider saw Norden Group LLC…