Management Archives - DR News - News, Retirement, Finance

Cash-Out Slowdown: Investment Management Corp. of Ontario Ready to Wait for Exits

Toronto, Canada – Private equity firms in Canada have been facing challenges in cashing out of their holdings and returning money to investors. Investment Management Corp. of Ontario is taking a patient approach, preparing for the possibility of a prolonged period without exits. According to Rossitsa Stoyanova, the chief investment officer of the C$77.4 billion ($57 billion) Canadian pension manager, many partners believe that the worst is behind them. Stoyanova emphasizes the importance of patience …

Wealth Management Gold Rush: Banks Take Risky Plunge into Market Strategy

New York, NY – Banks are increasingly diving into the risky world of wealth management, in a gold rush to attract high-net-worth clients. With historically low interest rates squeezing profits, banks are turning to wealth management as a lucrative opportunity to grow their revenue streams. However, this move comes with its own set of challenges and risks that financial institutions must navigate. Wealth management involves offering personalized investment advice and financial planning services to individuals …

CalPERS Elects Trian Fund Management Candidates to Disney Board Amid Corporate Control Battle

NEW YORK, United States – The California Public Employees Retirement System (CalPERS) recently made a significant decision in the business world by electing activist investment firm Trian Fund Management’s two director candidates to Walt Disney’s board. This move comes amidst one of the most closely watched battles for corporate control. CalPERS, a major shareholder in Walt Disney Co, believes that the addition of Nelson Peltz and Jay Rasulo to the board will bring fresh perspectives …

Union Members Protest Layoffs and Management Tactics at Condé Nast

New York, NY – The relationship between Condé Nast and its union representing over 400 staff members from publications such as Vanity Fair, Vogue, and GQ is on shaky ground. The union members recently protested additional layoffs threatened during labor negotiations, prompting tensions to escalate. The confrontation between the company and the union paints a picture of strained relations as both sides struggle to find common ground. The Condé Union claims that during recent bargaining …

Fund Management Pension Schemes Seize Bargains On Secondary Market For Private Assets

London, UK – Major pension funds in the UK are capitalizing on significant discounts in the market to acquire real estate and private assets while other retirement funds are selling off less liquid holdings. The Pension Protection Fund (PPF), a £32 billion retirement scheme, and Border to Coast Pensions Partnership, a £60 billion local authority pool, are among the funds taking advantage of opportunities in the secondary market to make profitable investments. PPF recently purchased …

Platform Strategy Overhaul Needed for Health Care Success, According to MIT Sloan Management Review

CAMBRIDGE, Mass. – A recent study conducted by researchers from MIT Sloan Management Review has unveiled crucial insights into the challenges faced by digital health care platforms. The findings suggest that traditional best practices for digital platforms may not be as effective in the realm of health care. Titled “Health Care Platforms Need a Strategy Overhaul,” the study emphasizes the need for a strategic shift as these platforms navigate new markets and tackle emerging issues. …

Fintech Firm LifeYield Releases Annuity Income Layer for Tax-Efficient Portfolio Management

Boston, MA – LifeYield, a fintech firm specializing in tax-efficient, multi-account portfolio management, has recently announced the launch of its Annuity Income Layer for annuity manufacturers and distributors. This enhancement to LifeYield’s Social Security+ benefits optimization tool aims to simplify the process for financial advisers to illustrate a manufacturer’s annuity products with minimal disruption and data collection. According to Mark Hoffman, chairman, CEO, and co-founder of LifeYield, tens of thousands of financial professionals use LifeYield …