PIMCO

Ariel Investments Named a Best Place to Work by Pensions & Investments for Third Year in a Row

Retrieved on: 
Monday, December 12, 2022

Ariel Investments, LLC (Ariel or the firm), a global value-based asset management firm, today announced that it has been named to Pensions & Investments annual list of the Best Places to Work in Money Management for the third year in a row.

Key Points: 
  • Ariel Investments, LLC (Ariel or the firm), a global value-based asset management firm, today announced that it has been named to Pensions & Investments annual list of the Best Places to Work in Money Management for the third year in a row.
  • Earlier this month, the firm received an Industry Innovation Award from Chief Investment Officer for its approach to diversity, equity and inclusion.
  • Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.
  • For a complete list of the 2022 Pensions & Investments Best Places to Work in Money Management winners and write-ups, go to www.pionline.com/best-places-to-work/2022/winners .

Opal Capital Launches, Bringing a Modern Approach to Dividend Investing

Retrieved on: 
Wednesday, December 7, 2022

Opal Capital, LLC (Opal), an investment management company that specializes in equity income solutions, today announces its formal launch.

Key Points: 
  • Opal Capital, LLC (Opal), an investment management company that specializes in equity income solutions, today announces its formal launch.
  • With a modern, focused approach, Opal Capital will seek to deliver a range of actively managed income strategies driven by dividend paying equities.
  • Opal Capital was founded by industry veteran Austin Graff, CFA, who has nearly two decades of experience in financial services, including positions at PIMCO and Goldman Sachs.
  • Opal Capital is an investment management firm headquartered in Boca Raton, Florida, and focused on providing services for equity dividend financial products and ETFs.

Invest in Others Awards Funding to Nine Charities in its Third-Annual Grants for Change Program

Retrieved on: 
Monday, December 5, 2022

BOSTON, Dec. 5, 2022 /PRNewswire/ -- The Invest in Others Charitable Foundation ("Invest in Others"), a nonprofit dedicated to furthering and amplifying the charitable work of financial professionals and their firms, has awarded $160,000 to nine charities as part of its third-annual Grants for Change program, which provides critical funding to diverse nonprofits that uplift underserved communities.

Key Points: 
  • From San Clemente, Calif. to Philadelphia, Penn., the 2022 Grants for Change Award recipients serve communities nationwide.
  • The nine Grants for Change recipients include:
    African American Men of Westchester (White Plains, N.Y.)
    The Central Florida Chapter of the National Black MBA Association, Inc. (Orlando, Fla.)
    Community Works of Louisiana (New Orleans, La.)
  • "We hope this funding helps to ease some of the burden many nonprofits experience at this time of year," said Megan McAuley, Executive Director & President of Invest in Others.
  • Invest in Others is a catalyst to channel philanthropy and volunteerism to where it is needed most.

PIMCO Launches New Interval Fund, the PIMCO Flexible Real Estate Income Fund (REFLX)

Retrieved on: 
Thursday, December 1, 2022

PIMCO launched its first interval fund in 2017 and has over $4.5 billion of AUM across five continuously offered interval funds, as of 30 September 2022.

Key Points: 
  • PIMCO launched its first interval fund in 2017 and has over $4.5 billion of AUM across five continuously offered interval funds, as of 30 September 2022.
  • REFLX offers investors access to PIMCOs institutional quality private real estate platform with the ease of a registered fund.
  • With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing.
  • CRE platform assets include $97bn in assets of clients contracted with Allianz Real Estate, an affiliate of PIMCO.

Kaizen Clean Energy Becomes Extreme E’s Official Clean Energy Technology Provider

Retrieved on: 
Wednesday, November 30, 2022

ENOWA benefits from NEOM's greenfield site, which has no legacy infrastructure, to advance Energy, Water, and Hydrogen innovation.

Key Points: 
  • ENOWA benefits from NEOM's greenfield site, which has no legacy infrastructure, to advance Energy, Water, and Hydrogen innovation.
  • ENOWA will act as a catalyst and incubator for developing new, sustainable energy and water businesses while creating a robust economic sector regionally.
  • Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic and transportation.
  • CBMM | Niobium is a founding supplier of Extreme E and the Championships official Niobium Technology Supplier and Chassis Technology Supplier.

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Closed End Funds

Retrieved on: 
Monday, November 21, 2022

TORONTO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) is pleased to announce today that it has declared monthly distributions on its Class A Units (the “Units”) of the PIMCO Canada closed end funds (the “Funds”). The distributions will be paid on December 14, 2022 to the holders of record at the close of business on November 30, 2022.

Key Points: 
  • The Manager, PIMCO Canada, retains Pacific Investment Management Company LLC (PIMCO), to provide investment management services to the Funds.
  • Closed end funds, unlike open end funds, are not continuously offered.
  • After the initial public offering, shares of closed end funds are sold on the open market through a stock exchange.
  • Units of closed end funds frequently trade at a discount to their net asset value, which may increase risk of loss.

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Exchange Traded Series

Retrieved on: 
Wednesday, November 16, 2022

TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2022 November cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on November 23, 2022, will receive per-unit cash distribution payable on or about November 30, 2022.

Key Points: 
  • The Manager, PIMCO Canada administers and manages the PIMCO Canada ETFs, and retains Pacific Investment Management Company, LLC (PIMCO), to provide sub-advisory services to the Funds.
  • PIMCO was founded in 1971 in Newport Beach, California and is one of the worlds premier fixed income investment managers.
  • The forward-looking statements are not historical facts but reflect the Funds, PIMCO Canadas and/or PIMCOs current expectations regarding future results or events.
  • The products and services provided by PIMCO Canada may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose.

The New York Stock Exchange Lists Its First ETF on the Big Board in 15 Years

Retrieved on: 
Monday, November 14, 2022

It becomes the first ETF to list on the NYSE in the past 15 years and the first-ever active ETF to be listed on the Big Board.

Key Points: 
  • It becomes the first ETF to list on the NYSE in the past 15 years and the first-ever active ETF to be listed on the Big Board.
  • NYSE Groups equity exchanges -- the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago and NYSE National -- trade more U.S. equity volume than any other exchange group.
  • We operate exchanges , including the New York Stock Exchange , and clearing houses that help people invest, raise capital and manage risk across multiple asset classes.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Prime Meridian Wins Hedgeweek Award for Best Credit Hedge Multi-Strategy Hedge Fund

Retrieved on: 
Tuesday, November 8, 2022

SAN FRANCISCO, Nov. 8, 2022 /PRNewswire-PRWeb/ -- The Fund was nominated by Bloomberg, LP as a finalist along with funds managed by PIMCO and Wasserstein & Co. Bloomberg based its nominations on performance, and then investors, fund managers and service providers voted for the best overall fund. The ten-year track record of delivering strong and consistent results, along with its recent performance, helped Prime Meridian win this coveted industry award.

Key Points: 
  • Prime Meridian Capital Management - a technology empowered Alternative Credit Manager based in the San Francisco Bay Area - is pleased to announce that the Prime Meridian Income Fund won the Hedgeweek US Awards 2022 for Best Credit Hedge Multi-Strategy Hedge Fund on October 27, 2022.
  • The ten-year track record of delivering strong and consistent results, along with its recent performance, helped Prime Meridian win this coveted industry award.
  • Prime Meridian Capital Management has deep roots in the FinTech and Alternative Credit ecosystems.
  • The Prime Meridian Real Estate Lending Fund was also nominated by Bloomberg, LP for the Hedgeweek US Awards 2022 in the category of Best Direct Lending Hedge Fund; the Fund was the runner-up in this category.

FactSet Launches Model Center, a Marketplace Connecting Wealth Advisors with Asset Managers

Retrieved on: 
Wednesday, November 2, 2022

FactSet Model Center provides advisors with pre-built model portfolios from leading asset managers, product metadata, and detailed marketing materials, including factsheets in an easy-to-navigate system.

Key Points: 
  • FactSet Model Center provides advisors with pre-built model portfolios from leading asset managers, product metadata, and detailed marketing materials, including factsheets in an easy-to-navigate system.
  • Asset managers that partner with FactSet will benefit from scalable model data delivery to tens of thousands of retail wealth advisors and streamlined communication of model portfolio updates and rebalances.
  • Leading asset managers hosting model portfolios and funds on FactSet Model Center include BlackRock, Goldman Sachs Asset Management, Janus Henderson Investors, KraneShares, PIMCO, Principal Asset Management, Russell Investments, Simplify ETFs and VanEck.
  • To learn more about FactSet Model Center, visit: FactSet Model Center | FactSet .