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Fund Management Companies Enjoy Significant Followings on Alipay Open Digital Lifestyle Platform

Press release content from Business Wire. The AP news staff was not involved in its creation. https://apnews.com/press-release/Business%2520Wire/29c49e2edf58478a8e85f26923ead5faClick to copy HANGZHOU, China–(BUSINESS WIRE)–Jun 9, 2020– Alipay, the world’s leading open digital lifestyle platform, today revealed that 82 fund management companies in China have collectively attracted over 120 million followers on their official corporate accounts on Alipay as of June 9, 2020....

Nuveen Closed-End Fund Online Resources

NEW YORK–(BUSINESS WIRE[1])–Nuveen announced today that its closed-end fund information and all other closed-end fund product updates can be found on its enhanced closed-end fund resource page[2] on the Nuveen.com website. As previously announced on March 29, 2019, Nuveen has discontinued the practice of announcing routine closed end fund distributions via press release. Shareholders can access regular distribution information on...

Equisoft Partners with Refinitiv to Deliver a Powerful Solution for Wealth Managers

PHILADELPHIA, PA, Dec. 5, 2019 /PRNewswire/ – Equisoft announced the launch of a web-based fund sales acceleration platform solution powered by Refinitiv. Equisoft/analyze for wholesalers is designed to help fund wholesalers enhance their value proposition to advisors by offering them insightful fund and portfolio analytic services. With the disruption in the wealth management industry due to technology, fee transparency, increased...

Foreside Announces Agreement to Acquire Fund Distributor Quasar Distributors, LLC

PORTLAND, Maine–(BUSINESS WIRE[1])–Foreside Financial Group, LLC (“Foreside”), a provider of regulatory and compliance service and technology offerings to clients in the global asset and wealth management industry, today announced its intent to acquire U.S. Bancorp’s mutual fund and exchange-traded funds (“ETFs”) distribution business, Quasar Distributors. The transaction is expected to close sometime in the first quarter of 2020. The acquisition...