Federation Asset Management has taken a significant step in strengthening and expanding its portfolio within the financial services sector by acquiring 100% of the share capital of equity release business Homesafe Solutions Pty Ltd. This acquisition marks the departure of Bendigo and Adelaide Bank
Eli Lilly and Company, a renowned pharmaceutical firm, has garnered significant interest from institutional investors, including Carret Asset Management LLC. Recently, Carret made a strategic decision to reduce its holdings in Eli Lilly's stock. This move has piqued the interest of market analysts,
The integration of Artificial Intelligence (AI) into various sectors has revolutionized how we approach and solve problems, ushering us into an era where technology's potential to foster sustainable and eco-friendly solutions is limitless. In recent years, ethical considerations in AI development,
CI Financial Corp is not just crossing borders; it's redrawing the map of North American wealth management. As it approaches the monumental $500 billion mark in assets under management (AUM), CI Financial has made pivotal moves by acquiring two U.S. wealth managers, sending a clear signal that the
In a strategic move to enhance operational efficiency and data management, Canada Life Asset Management (CLAM) has partnered with Northern Trust. This collaboration promises to streamline CLAM's asset servicing functions and leverage advanced technological capabilities. By consolidating services
The Walt Disney Company (NYSE: DIS) has long been a focal point in the investment world, renowned for its vast entertainment empire and resilient business model. Recently, significant changes in investment patterns by hedge funds, institutional investors, and market analysts have brought renewed