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Asset Management
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Dalios Double Down on Connecticut’s Youth

WESTPORT, Conn.--(BUSINESS WIRE)--Ray and Barbara Dalio through Dalio Philanthropies announced today that they are joining the Dell family in seeding the new Trump Administration investment accounts with an additional $250 per child for approximately 300,000 children in Connecticut. Following the Dell model, the funds are initially targeted for children who live in a Connecticut zip code where the median income is less than $150,000. Inspired by Ray’s personal start as a young investor and Barb...
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Hartford Funds Launches Its First Options Overlay Strategy, Hartford Equity Premium Income ETF (HEMI)

WAYNE, Pa.--(BUSINESS WIRE)--Hartford Funds, a leading asset manager, today announced the launch of Hartford Equity Premium Income ETF (Cboe: HEMI), which combines a core U.S. equity portfolio with call options overlay tied to the S&P 500. HEMI seeks to generate current income in a tax efficient manner while maintaining the potential for capital appreciation. The ETF is sub-advised by Wellington Management Company LLP and managed by Wellington Management’s seasoned Core Equity and Global De...
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Vise Introduces the First of Its Kind Fully Customizable Long Short Strategy

NEW YORK--(BUSINESS WIRE)--Vise launches the first fully customizable long short strategy, enabling RIAs to deliver tax-aware, personalized portfolios at scale....
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Fiduciary Trust International Welcomes James Corrigan Jr. as Washington, DC-Based Wealth Director

NEW YORK--(BUSINESS WIRE)--Fiduciary Trust International Welcomes James Corrigan Jr. as Washington, DC-Based Wealth Director...
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PairSoft Announces Majority Growth Investment from TA

BOSTON--(BUSINESS WIRE)--PairSoft, a leading provider of procure-to-pay automation and payment solutions, today announced a majority investment from TA Associates (“TA”), a leading global private equity firm. The partnership will support PairSoft’s continued product enhancement, innovation and global expansion. As a result of the transaction, existing investor Turn/River Capital will fully exit its stake in the business. PairSoft offers a comprehensive suite of procure-to-pay (P2P) automation a...
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Schwab Center for Financial Research Reveals Its 2026 Market Outlook

WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Center for Financial Research (SCFR), which provides top-quality research, timely market insights and practical guidance for investors, today announced the release of its 2026 outlook, Schwab’s Market Perspective: 2026 Outlook, which delivers insights on the most important market and economic trends that investors should consider for the year ahead. Schwab’s Market Perspective: 2026 Outlook provides perspectives on U.S. stocks and economy, treasury b...
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BlackRock Announces Shareholder Approval of Certain Municipal CEF Reorganizations

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today that shareholders of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) have approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations”). Reorganizations of BlackRock MuniYield Fund, Inc. (MYD), BlackRock MuniYield Quality Fund II, Inc. (MQT) and BlackRock Investment Quality Municipal Trust, Inc. (BKN) with and into BlackRock MuniYie...
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Sculptor Closes CLO XXXVII With $408 Million

NEW YORK--(BUSINESS WIRE)--Sculptor Capital Management, Inc. (“Sculptor” or the “Firm”), a leading global alternative asset manager specializing in opportunistic investing, announced today the closing of Sculptor CLO XXXVII (“Sculptor CLO 37” or “CLO 37”), a $408 million collateral loan obligation (CLO) transaction. With the closing of CLO 37, Sculptor currently manages a global suite of 34 CLOs and CBOs totaling approximately $13 billion across both the US and Europe. Sculptor CLO 37 is backed...
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Brightly Software Releases Survey on Americans’ Perceptions of Global Tariffs and Local Infrastructure Project Costs

RALEIGH, N.C.--(BUSINESS WIRE)--A new survey from Brightly Software, a Siemens company and the global leader in asset lifecycle management solutions, found the introduction of several global tariffs over the last year is causing concern among consumers about the cost of their local infrastructure, with 58% of respondents expecting the price of maintaining and upgrading local infrastructure to increase and 81% concerned tariffs will delay local infrastructure projects. The 1,000 U.S. consumer po...
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CapIntel Expands Platform and Footprint Amid Rapid 2025 Growth

TORONTO--(BUSINESS WIRE)--CapIntel, a pioneer in financial technology solutions transforming how wealth professionals communicate investment insights, today announced a year of exceptional growth underscored by major product innovation, leadership-team expansion and global recognition. The company also reported 9,225% revenue growth over the past three years, placing it among the fastest-growing fintech companies globally. In 2025, CapIntel deepened its commitment to elevating the advisor exper...