Locus Chain to Launch a Digital Asset Exchange Platform in Dubai
Locus Chain Foundation prepares to launch the company's first digital asset exchange platform in Dubai, the Locus Chain Digital Asset Exchange (Locus DAX)
Substrate, Parity Technologies' Highly-anticipated Blockchain-Building Framework, has Arrived
Substrate is here
RigoBlock Token Sale is Now Live, Bringing Decentralized Asset Management to All
LUGANO, Switzerland, Dec. 18, 2018 /PRNewswire/ --
Locus Chain to Launch a Digital Asset Exchange Platform in Dubai
Locus Chain Foundation prepares to launch the company's first digital asset exchange platform in Dubai, the Locus Chain Digital Asset Exchange (Locus DAX) SINGAPORE, Dec. 18, 2018 /CNW/ -- Singapore-headquartered Locus Chain Foundation, the developers of a revolutionary, next-generation blockchain protocol, today announced it will launch an innovative digital asset exchange platform, Locus DAX in Dubai, during the first quarter of 2019. Locus DAX will allow users to buy, sell and trade digital currencies including major cryptocurrencies such as Bitcoin, Ethereum and Locus Token (Locus Chain's own digital currency). The exchange will also provide interoperability with financial accounts, allowing users to purchase cryptocurrencies with fiat currencies such as USD and AED. Her Highness Sheikha Moaza Obaid Suhail Al Maktoum, co-founder of Locus DAX and senior advisor to Locus Chain, said, "Strategically located between Africa, Asia and Europe, Dubai sits at the international crossroads of business and investment and is fast becoming the region's digital exchange hub. We expect to attract investors from around the region as well as internationally, as innovations in blockchain continue to capture keen interest from governments and private businesses. When you also factor in the liquidity of the GCC, we are confident that Locus DAX is uniquely positioned to serve this growing space, to quickly become a globally ranked exchange." Mr. Sang Yoon Lee, CEO of Locus Chain and co-founder of Locus DAX, said, "The UAE's Blockchain Strategy 2021 is more ambitious than any other country's in embedding blockchain technology within the public sphere. We believe launching Locus DAX in Dubai reinforces Dubai's reputation as one of the world's leading financial centers while giving us the opportunity to be at one of the critical intersections of technology, commerce and investment." Dubai has embarked on an ambitious plan to be the first city in the world to pioneer an e-government system running entirely on blockchain by 2020. The government expects to save as much as USD 1.5 billion and 25.1 million-man hours annually when the plan is fully implemented, with services such as processing visa applications, recording land registration information and making bill payments all expected to be done through blockchain. The Locus DAX announcement comes on the heels of more than 40 agreements entered into with organizations and governments of different countries to implement Locus Chain's blockchain technology and digital currency, such as Tunisia Economic City and Uganda's Eco City, as well as projects with other African countries including the Democratic Republic of the Congo, Malawi, and Mauritius. Locus Chain also recently entered the Indian market with an agreement to apply blockchain technology to the travel and tourism platform of Let's Fly Free. With offices in South Korea, Japan, UAE and Mauritius, Locus Chain Foundation Pte. Ltd. Singapore is a subsidiary of Bloom Technology. About Locus Chain Foundation Locus Chain Foundation Pte, Ltd. was set up in Singapore in 2018, to develop a Blockchain-based platform and related business. Built by a team of Korean developers, international partners and advisors, the Locus Chain Foundation will offer affordable access to a reliable, secure platform that ensures accountability and transparency. It offers Locus Chain digital currency to streamline the platform economy with a payment system that is highly accessible even in the harshest circumstances. With offices in Singapore, South Korea, Japan, Mauritius and UAE, the company has a global footprint and partnerships to realize its plan to become the blockchain solution for international businesses and global citizens. View original content to download multimedia:http://www.prnewswire.com/news-releases/locus-chain-to-launch-a-digital-asset-exchange-platform-in-dubai-300768140.html SOURCE Locus Chain Foundation
CGI celebrates 20 years on the NYSE
Since its listing on the Big Board in 1998, the stock has appreciated an average of 15% per year, making CGI Canada's largest technology company
CGI celebrates 20 years on the NYSE
Since its listing on the Big Board in 1998, the stock has appreciated an average of 15% per year, making CGI Canada's largest technology company
IPC Wins Three Prestigious 2018 American Financial Technology Awards
NEW YORK, Dec. 4, 2018 /PRNewswire/ -- IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, announced today that it has won three 2018 American Financial Technology Awards (AFTA) in the categories of "Best Trading Infrastructure Provider", "Best Partnership or Alliance" and for the third consecutive year, "Best Communications Infrastructure Provider".
Weatherford Receives Notice from NYSE regarding Continued Listing Standard
BAAR, Switzerland, Dec. 14, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today announced it has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its ordinary shares had fallen below $1.00 per share over a period of 30 consecutive trading days. In accordance with applicable NYSE procedures, the Company plans to timely notify the NYSE that it intends to cure the $1.00 per share deficiency and has six months following the receipt of the noncompliance notice to cure the deficiency and regain compliance with the NYSE continued listing requirement. The notice has no immediate impact on the listing of the Company's ordinary shares, which will continue to trade on the NYSE. The Company intends to regain compliance by completing its previously announced company-wide transformation plan designed to improve its 2017 EBITDA run-rate by an incremental $1 billion by year-end 2019. The Company may also explore other available options, including a reverse stock split, if appropriate. About Weatherford Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 90 countries and has a network of approximately 710 locations, including manufacturing, service, research and development, and training facilities and employs approximately 28,450 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedIn, Facebook, Twitter and YouTube. Forward-Looking Statements This press release includes forward-looking statements as defined under federal law, including, but not limited to, those related to the company's plans to regain compliance with the NYSE continued listing standards. These forward-looking statements are generally identified by the words "believe," "expect," "anticipate," "estimate," "intend," "plan," "may," "should," "could," "will," "would," and "will be," and similar expressions, although not all forward-looking statements contain these identifying words. Such statements are subject to significant risks, assumptions and uncertainties. Known material factors that could cause the Company's actual results to differ materially from the results contemplated by such forward-looking statements are described in the forward looking statements and risk factors in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and those risk factors set forth from time-to-time in other filings with the Securities and Exchange Commission. Weatherford undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required under federal securities laws. Weatherford Contacts: Christoph Bausch +1.713.836.4615 Executive Vice President and Chief Financial Officer Karen David-Green +1.713.836.7430 Senior Vice President Stakeholder Engagement and Chief Marketing Officer View original content to download multimedia:http://www.prnewswire.com/news-releases/weatherford-receives-notice-from-nyse-regarding-continued-listing-standard-300765853.html SOURCE Weatherford International plc
Vantagepoint ai Trading Software Expands Global Partnership to Italy
WESLEY CHAPEL, Fla., Dec. 14, 2018 /PRNewswire/ -- Vantagepoint ai, the software company that developed the first artificial intelligence (AI) trading software in the world available to retail investors and traders, expands its global partnership to Italy.
InfoReach Announces TMS Aggregator
CHICAGO, Dec. 13, 2018 /PRNewswire/ -- InfoReach is proud to announce TMS Aggregator. This tool lets traders and managers monitor and control multiple TMS installations as well as other 3rd party trading systems. This decreases the overhead of having to run multiple GUI processes on a trader's desktop, providing an ability to have a consolidated picture. To see a demo of this new feature please request a demo.
ADAMA to Become New Name of Listed Company, Achieving Final Combination Milestone
TEL AVIV, Israel, and BEIJING, Dec. 10, 2018 /PRNewswire/ -- ADAMA, the combination of Adama Agricultural Solutions Ltd. ("Solutions") and Hubei Sanonda Co. Ltd. ("ListCo") (SZSE 000553), today announced that the Board of Directors of ListCo has approved the change of its name to ADAMA Ltd.
FXCM Group and DGCX Sign Memorandum of Understanding to Collaborate on New FX Products
LONDON and DUBAI, UAE, Dec. 18, 2018 (GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or âFXCMâ), a leading international provider of online foreign exchange trading, CFD trading, bitcoin and related services, together with The Dubai Gold and Commodities Exchange (âDGCXâ) today announced the signing of a Memorandum of Understanding (MoU), agreeing to collaborate on launching new and innovative products on the DGCX Exchange.Les Male, Chief Executive Officer of DGCX, stated: âIt is our aim to ensure that we continue to offer our members and market participants truly innovative contracts, backed by our state of the art technology and Clearing House. These contracts must appeal to not only our international participants, but also to local banks and trading houses too. This MOU with FXCM is the first step in developing ever more pioneering contracts contributing to the DGCXâs global offerings allowing us to cross-pollinate each otherâs diverse client base.âMario Sanchez-Wandemberg, Managing Director, FXCM Group, noted: âThis partnership will expand both companiesâ footprint in this region and will allow its members to experience the many benefits of trading with DGCX. With FXCMâs long history and expertise as one of the worldâs leading FX and CFD brokers, working alongside Dubaiâs first commodity derivatives exchange, we know that we can create new innovative product offerings and are enthusiastic on the many possibilities. We look forward to sharing them with the market in the future.â Les Male, CEO of DGCX, signed the agreement at the FXCM Group headquarters in London on Tuesday December 4th with Mario Sanchez, Managing Directors and Global Head of FXCM Pro Sales.About FXCM: FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.Trading Forex/CFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with Forex Capital Markets Limited ("FXCM LTD"), retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the âFXCM Groupâ], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (âFXCM AUâ) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Groupâs websites prior to taking further action. Read full disclaimer.About DGCX: Established in 2005, DGCX is the regionâs leading derivatives exchange and the only one allowing global participants to trade, clear and settle transactions within the Gulf region. The Exchange has played a pioneering role in developing the regional market for derivatives and financial infrastructure. DGCX is an electronic commodity and currency derivatives exchange with over 175 members from across the globe, offering futures and options contracts covering the precious metals, energy, equities and currency sectors. DGCX is a subsidiary of DMCC (Dubai Multi Commodities Centre), a Dubai Government Authority for trade, enterprise and commodities. For more information: www.dgcx.aeDGCX also owns and operates the regionâs largest and only multi-asset Clearing House â Dubai Commodities Clearing Corporation (DCCC). DCCC is federally regulated by the Securities & Commodities Authority (SCA) and is recognized as a Third-Country CCP by European Securities Markets Authority (ESMA) with over 80 clearers from across the globe. For more information: www.dccc.co.aeFor further information, please contact: Jonathan FisherWeber Shandwick PRTel: +971 (0) 4 445 4222 Email: JFisher@webershandwick.comORJaclyn Sales, 646-432-2463Vice-President, Corporate Communicationsjsales@fxcm.com A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/13a87f07-a33d-4411-b83f-9ab5f6b5ed28
Vanguard To Merge Growth Funds And Change Advisory Teams Of Three Stock Funds
VALLEY FORGE, Pa., Dec. 17, 2018 /PRNewswire/ -- Vanguard today announced plans to merge the $15.1 billion Vanguard Morgan Growth Fund into the $10.2 billion Vanguard U.S. Growth Fund. Following the merger, scheduled to be completed in early 2019, the fund will retain the U.S. Growth Fund name and continue to invest primarily in large-capitalization stocks of U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings.
Resideo Leaders Make Open Market Purchases Of More Than $900,000 In Company Shares
AUSTIN, Texas, Dec. 17, 2018 /PRNewswire/ -- Leadership of Resideo Technologies, Inc. (NYSE: REZI), including president and CEO Mike Nefkens, and CFO Joe Ragan, purchased 43,914 shares of company stock in November and December, representing a combined $935,528 of open market purchases. Details about the purchases made by company officers between Nov. 29 and Dec. 14, 2018, can be found at https://investor.resideo.com/InsiderFilings.
Preferred Apartment Communities, Inc. Announces Extension of its Series A Redeemable Preferred Stock and Warrant Offering and mShares Redeemable Preferred Stock Offering
ATLANTA, Dec. 14, 2018 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that on November 1, 2018, its Board of Directors approved extending the closing date of the Company's (i) $500 million mShares Redeemable Preferred Stock Offering from December 2, 2018 to December 2, 2019 and (ii) $1.5 billion Series A Redeemable Preferred Stock and Warrant Offering from February 14, 2019 to February 14, 2020.
Leading Business and Finance Consultant Ian Dunlap Offers 2019 Investment Planning Advice
The following bylined article was written by Ian Jakovan Dunlap, founder of Hyper Acceleration.HOUSTON, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Getting the best returns for 2019 comes down to a straightforward formula, and if followed you can generate a much higher return in the market. The adage "you can only generate 10-12% per year" is antiquated for most investors with the right system in place in 2019.1. Buy 2 Index Funds: (SPY and DIA):An individual stock may go out of business, but an index fund will not. Since the S&P, Dow, and Nasdaq are not going to go out of existence any time soon, one of the best things you can do for your future is to invest long-term into an index fund and let time do the magic for you. An index fund is like an all-star team. So, while you may not pick the right stock on your own, the other stocks in your index fund will generally make up for poorly performing stocks.2. Buy 2 Tech Stocks:The truth is, you don't need 40 stocks in your portfolio to get high returns in the market. It's often a huge mistake. It causes your gains to be hampered when some of the stocks in your portfolio are winning the others are losing which causes you to minimize your growth in your account. I suggest focusing on a total of four stocks that historically have been strong and continued to grow over time. Netflix, Amazon, and Google are great examples. Microsoft has also performed well as it went from $34.63 to a high of $106.16 in five years - a 306% gain in five years.Technology has ruled the American economy for the past 100 years. Ford's technological advantage was the assembly line. Nowadays, we recognize Netflix's edge is their customer base that pays every month, and Apple's strengths are their dominant position and the smartphone market as well as their subscription model. Take advantage of the genius of these CEOs and their fantastic team and profit by investing in these companies.3. Add more shares to your index funds and tech stocks EVERY SINGLE MONTH:The habit of doing this is even more important than anything. Whether a recession or bear market, you want to continue to invest because after the period ends, we usually see another robust bearish market. My long-standing thesis is that the market is rigged. In other words, it's engineered to stay up for long periods, and your children are going to need this money in 10, 20, or 30 years.4. The One Asset You Should Be Using That Pays 100x More than Stocks: What if I told you there is an asset paying 100 times more than stocks, is entirely trustworthy, and a lot of professionals around the world already have been using it decades to get higher returns? Would you want to know what it is? Sadly, when I talk to people about investing 90% aren't using this asset in their portfolio to make money, and this asset is called futures.If you have 100 shares of Apple and it goes up $15, you will profit $1500. Not bad, but not enough to change your life or the trajectory of your family.If you have 100 shares (contracts) of S&P 500 futures and it goes to $12, you will profit $150,000, and in some cases, you can do this in less than a week. This scenario is an example of one of those hidden assets that almost no one knows about except a handful of people that are already generating exceptional gains in the market.5. Short the market during times of crisis or a crash:Do you know you can make money when the market goes down right?I was in a meeting with an NBA player this October when the Dow dropped 800 points in one day. He asked, "why aren't you worried?" I said to him "you know you can make money when the market drops right?" The truth is he had no clue that this was even an option as I am pretty sure most people reading this don't know this is an option. When the market is poised to drop, I would recommend short the ES Future and the NQ future simultaneously. If you had 25 shares (contracts) of each and aimed for a $15 target for both, you would profit $65,000 in less than 24 hours. It will offset any bleeding that you are experiencing in your long-term account and will put a smile on your face while you're patiently waiting for the market to turn back up.Although the market always goes back up it is not fun to look at your long-term account and see it's down 15% or 25%, so this is a simple way you can profit when the market drops, and everyone is pessimistic. As Warren Buffett famously said, "be fearful when others are greedy and greedy when others are fearful" and remember that the market is rigged to stay up.About Hyper AccelerationIan Jakovan Dunlap is founder of the boutique business and finance consultancy Hyper Acceleration in Houston. A fund manager who specializes in a new type of investing, he is a former marketing executive whose past clients include Chevron, Eastern Bank Limited, and Reebok. To reach Ian Dunlap please call 404-496-8021.Editor's Note: Ian Dunlap, the author, has granted permission for publications to reprint or reuse the information contained in this article. Please contact Taroue Brooks at 202-431-1119 or email@example.com for more details. To request an interview or a professional headshot, please contact: Taroue Brooks202firstname.lastname@example.orgA photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3af72691-0f6a-4180-8a04-4bca1290f60e
Silver Viper Acquires La Virginia Gold-Silver Concessions in Sonora, Mexico from Pan American Silver Corp
VANCOUVER, Dec. 17, 2018 /CNW/ - Silver Viper Minerals Corp. (the "Company" or "Silver Viper") (TSX-V: VIPR) is pleased to announce that it has acquired three large mineral concessions totaling 35,598 hectares ("ha") that comprise part of the La Virginia Gold-Silver Project in Sonora, Mexico, from a subsidiary of Pan American Silver Corp. ("Pan American") pursuant to an assignment agreement dated December 14, 2018 (the "Assignment Agreement"). The Assignment Agreement, combined with the previously announced option agreements providing Silver Viper with rights to acquire 2,102 ha of concessions (the "Optioned Properties") from certain third parties (see June 22, 2018 news release), has allowed Silver Viper to consolidate its land holdings into a single La Virginia Gold-Silver Project. The La Virginia Gold-Silver Project is situated in the prolific Sierra Madre Occidental region of eastern Sonora State, Mexico. A map detailing the land positions is provided on the Silver Viper website.
Global Compressed Natural Gas Market 2019-2023| Increase in Supply of Natural Gas to Promote Growth| Technavio
LONDON--(BUSINESS WIRE)-- The global compressed natural gas market is expected to post a CAGR of close to 17% during the period 2019-2023, according to the latest market research r
Global Underground Gas Storage Market 2019-2023 | Initiatives to Reduce GHG Emissions to Promote Growth | Technavio
LONDON--(BUSINESS WIRE)-- The global underground gas storage market is expected to post a CAGR of over 3% during the period 2019-2023, according to the latest market research repor
The Impact of the Houston Ship Channel Economy on Global Hydrocarbon Demand
Dec. 18, 2018 20:43 UTC Greater Houston Port Bureau Annual Meeting January 10, 2019 HOUSTON--(BUSINESS WIRE)-- The Greater Houston Port Bureau today announced that its monthly Commerce Club luncheon and annual meeting will take place January 10, 2019 at Houston Marriott South at Hobby Airport at 11:15 AM (CST). The keynote speaker will be Tony Chovanec, senior vice president, Fundamentals & Commodity Risk Assessment for Enterprise Products Partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181218005839/en/ The Impact of the Houston Ship Channel Economy on Global Hydrocarbon Demand. (Photo: Enterprise Products Partners, L.P.) In his presentation, “Our Energy Future is Now”, Mr. Chovanec will highlight the dramatic increase in domestic energy production that has made the U.S. a net exporter of hydrocarbons and the importance of the Houston Ship Channel region in maintaining the country’s dominant position as a global producer. Key points addressed in his presentation will be: How the U.S. became the world’s leading oil producer, and the outlook for the future The U.S. already produces more light crude oil, NGLs, refined products and petrochemicals than it can consume. Where will the markets be for these products? Crude oil exports are expected to quadruple, NGL export volumes expected to double by 2025, and much of our petrochemical and refined products are destined for export. How do we prepare for the magnitude of these opportunities? Energy economists forecast that the U.S. will supply the lion’s share of new production required to meet global demand growth for years to come. What does this mean for our local and regional economies? What is the importance of the Houston Ship Channel in linking the Texas economy to global hydrocarbon demand? For more details go to: https://txgulf.org/events/commerce-club. Anthony C. Chovanec Tony Chovanec was elected Senior Vice President, Enterprise Products Partners, L.P., in June 2014. He heads the company’s Fundamentals/Supply Appraisal Team which was formed in 2010 and is responsible for the evaluation of the key supply and demand trends around the company’s five business lines: Natural Gas, Natural Gas Liquids, Crude Oil, Refined Products and Petrochemicals. These analyses are used in our commercial activities and in evaluating capital investment opportunities. About the Greater Houston Port Bureau The Greater Houston Port Bureau promotes cooperation and efficiency within the maritime community by providing vessel information, port information, networking, and advocacy for its 200+ member companies. For more information visit www.txgulf.org or call 1-713-678-4300. View source version on businesswire.com: https://www.businesswire.com/news/home/20181218005839/en/ Contacts Andrea LaVorgnaGreater Houston Port Bureau1email@example.com Source: Greater Houston Port Bureau Smart Multimedia Gallery Photo The Impact of the Houston Ship Channel Economy on Global Hydrocarbon Demand. (Photo: Enterprise Products Partners, L.P.) View this news release and multimedia online at: http://www.businesswire.com/news/home/20181218005839/en
Global X Funds Announces Suite of China Sector ETFs and Next Emerging & Frontier ETF to track MSCI Indexes
NEW YORK, Nov. 30, 2018 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today announced that its suite of China Sector ETFs will undergo index changes to track China sector indexes from MSCI, a leader in investment indexes. The transition to the MSCI indexes, which takes effect on or around December 5(th), 2018, will, among other changes, result in the inclusion of Chinese A-Shares in the ETFs going forward.
Global X Funds Launches E-Commerce ETF
NEW YORK, Nov. 29, 2018 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today launched the Global X E-commerce ETF (Nasdaq: EBIZ). Designed to track the Solactive E-commerce Index, the fund holds a basket of companies from around the world that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online.
Advisors Asset Management Launches Third ETF for Income Investors
MONUMENT, Colo., Nov. 29, 2018 /PRNewswire/ -- Advisors Asset Management (AAM), one of the leading providers of investment solutions, is launching their third exchange-traded fund (ETF), the S&P Developed Markets High Dividend Value ETF (NYSE: DMDV).
Aberdeen Standard Investments Reduces Fee for Commodity ETF
PHILADELPHIA, Dec. 14, 2018 /PRNewswire/ -- Aberdeen Standard Investments has reduced the management fee for the Aberdeen Standard Bloomberg All Commodity Strategy K-1 Free ETF (NYSE Arca: BCI). The reduction means that there is no lower cost option of its kind available to investors in the US. The reduction sees annual investment advisory fee reduced from 0.29% to 0.25% of the fund's average daily net assets, in a move intended to maintain the competitive advantage of a niche product that has gathered more than $217 million since inception. Aberdeen Standard Investments Head of Exchange Traded Funds, Steven Dunn comments: "Our goal in the commodities ETF space has always been to disrupt the market by offering strategies with better structures than our competitors and which are competitively priced. We understand that performance and value go hand in hand for our clients, which is why we have lowered the fee on this strategy." BCI is an actively managed fund that seeks to provide a total return designed to exceed the performance of the Bloomberg Commodities IndexSM which is calculated on an excess return basis. Notes to editors For more information about the ETFs available in the U.S., call 844-ETFs-BUY (844-383-7289) or visit www.aberdeenstandardetfs.us. Aberdeen Standard Investments has relationships with around 500 financial sponsors across approximately 1000 funds globally. Aberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for our clients, and is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. With over 1,000 investment professionals we manage $735.5 billion* of assets worldwide. We have clients in 80 countries supported by 50 relationship offices. This ensures we are close to our clients and the markets in which they invest. We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, strong investment performance. We are resolute in our commitment to active asset management. Aberdeen Standard Investments is the asset management business of Standard Life Aberdeen plc, one of the world's largest investment companies. Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange. The Standard Life Aberdeen group was formed by the merger of Standard Life plc and Aberdeen Asset Management PLC on August 14, 2017.*Standard Life Aberdeen AUM as of June 30, 2018. Important Information The Aberdeen Standard Silver ETF Trust, Aberdeen Standard Gold ETF Trust, Aberdeen Standard Platinum ETF Trust, Aberdeen Standard Palladium ETF Trust and Aberdeen Standard Precious Metals Basket ETF Trust are not investment companies registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trusts are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Trusts focusing on a single commodity generally experience greater volatility. Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Asset Management Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments ETFs Advisors LLC , Aberdeen Standard Investments Australia Limited (formerly known as Aberdeen Asset Management Ltd.), Aberdeen Standard Investments (Asia) Limited (formerly known as Aberdeen Asset Management Asia Ltd.), Aberdeen Asset Capital Management, LLC, Standard Life Investments (Corporate Funds) Ltd., and Standard Life Investments (USA) Ltd. ALPS Distributors, Inc. is the marketing agent for Aberdeen Standard Silver ETF Trust, Aberdeen Standard Gold ETF Trust, Aberdeen Standard Platinum ETF Trust, Aberdeen Standard Palladium ETF Trust and the Aberdeen Standard Precious Metals Basket ETF Trust. ALPS Distributors, Inc. is the distributor for the Aberdeen Standard Investments ETFs. Risk Warnings: Exchange traded securities may or may not be suitable for a particular investor. The price of exchange traded securities may go up or down and an investor may not get back the amount invested. Exchange traded securities are priced in either US dollars or Euros and the value of the investment in other currencies will be affected by exchange rate movements. To the extent exchange traded securities are traded in other currencies, their value may also be affected by exchange rate movements. Futures trading is speculative and may result in losses. Past performance is not necessarily indicative of future results. Restricted Investors: The distribution of the prospectus and the offering, sale and delivery of exchange traded securities in certain jurisdictions may be restricted by law. Any subscription for exchange traded securities should be made on the basis of the prospectus. Disclaimer: Any investment in exchange traded securities carries with it certain risks, including those risks set out in the prospectus. You should obtain your own independent financial, taxation and legal advice before making any decisions about an investment in exchange traded securities. This information is not an offer for exchange traded securities and should not be used as the basis for any investment decision. Diversification does not eliminate the risk of experiencing investment losses. Commodities generally are volatile and are not suitable for all investors. This material must be accompanied or preceded by the prospectus. Carefully consider each Trust's investment objectives, risk factors, and fees and expenses before investing. Please click here or visit, www.aberdeenstandardetfs.us, to view the prospectus. This information does not constitute financial product advice. Steven Dunn is a registered representative of ALPS Distributors, Inc. There are risks associated with investing including possible loss of principal. ALPS is not affiliated with Aberdeen Standard Investments. Ref: US-261118-77734-1 EFS000319 12/11/2019  As of December 7, 2018 View original content to download multimedia:http://www.prnewswire.com/news-releases/aberdeen-standard-investments-reduces-fee-for-commodity-etf-300765714.html SOURCE Aberdeen Standard Investments
Individual Investments into Stocks, Bonds and Mutual Funds Drop; Interest in Alternative Investments Grows
OAK BROOK, Ill., Dec. 11, 2018 /PRNewswire/ -- High-net-worth investors have slowed their investments into stocks, bonds and mutual funds and instead are exploring opportunities in private equity, real estate and hedge funds, according to the latest investor survey from Millennium Trust Company, LLC ("Millennium Trust"), a leading retirement and institutional custody services provider to advisors, financial institutions, businesses and individuals.
DCHFA Closes the Month by Funding Two Developments on the Final Day of November
Washington, D.C., Dec. 06, 2018 (GLOBE NEWSWIRE) -- The District of Columbia Housing Finance Agency (DCHFA) closed out the month of November with the funding of $23.6 million in financing to create and preserve 138 units of affordable housing in the District. On November 30, the Agency issued $5.5 million in bond financing and underwrote $4 million in four percent low income housing tax credits (LIHTC) for Milestone Senior Housing (Ward 7). On the same day DCHFA provided $18.1 million in bond financing and underwrote $12 million in LIHTCs for Takoma Place Apartments (Ward 4). “The funding momentum of which we started Fiscal Year 2019 continued into November. The closing of Milestone Senior Housing and Takoma Place Apartments expands the number of new units and modernizes existing affordable apartments,” stated Todd A. Lee, Executive Director and CEO, DCHFA. In October DCHFA began Fiscal Year 2019 by closing on the financing of three developments in a single week.
Kaufman Hall Client Advocate Aurora Health Awarded Healthcare Deal of the Year by The Bond Buyer
CHICAGO, Dec. 5, 2018 /PRNewswire/ -- Kaufman Hall today extended congratulations to its client Advocate Aurora Health (AAH) for being awarded the Healthcare Deal of the Year by The Bond Buyer. The win also qualifies AAH as a finalist for The Bond Buyer's 17(th) Annual National Deal of the Year, which will be announced Thursday evening, December 6, at an event in New York City.
BBVA Compass Investment Services names Randall Bond as its Chief Fiduciary Officer
HOUSTON, Dec. 13, 2018 /PRNewswire/ -- BBVA Compass Investment Services has named Randall Bond as its new Chief Fiduciary Officer, where he will lead all trust and fiduciary operations for the newly-formed group. He will be based out of Houston. Bond has held multiple titles over his career, most recently as a fiduciary specialist for a nationwide competitor in the Houston area. He also boasts a diverse background with over 22 years of experience, serving as a trusts and estates attorney earlier in his career for a local Houston tax law firm. "Randall brings a unique and skilled background to this essential position for BBVA Compass," said Head of BBVA Compass Investment Services Bruce Hagemann. "His broad experience in wealth management services is going to be highly beneficial to our clients. We look forward to establishing him as a leader and knowledge expert for us." Bond has also held roles as a regional estate and trust consultant for a national brokerage firm, and as an assistant district attorney for the Galveston County District Attorney's office, his first job out of law school. He also has experience representing clients in civil litigation, will and trust drafting, real estate, probate and family law. Bond earned his bachelor's degree from Texas A&M University in 1993. Following his tenure as an assistant district attorney, he managed large estate gifts and trusts for the Texas A&M Foundation and Texas A&M Foundation Trust Company. He earned his law degree from the South Texas College of Law in Houston in 1993. He has been a member of the Real Estate, Probate & Trust Law section, State Bar of Texas since 2001. The newly-formed BBVA Compass Investment Services group includes BBVA Compass Investment Solutions, BBVA Compass Insurance Agency, BBVA Wealth Solutions and the Asset Management & Trust group for BBVA Compass. To learn more about BBVA Compass, visit: www.bbvacompass.com For more news visit: www.bbva.com and newsroom.bbvacompass.com About BBVA GroupBBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States; and it is also the leading shareholder in Garanti, Turkey's biggest bank for market capitalization. Its diversified business is focused on high-growth markets and it relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. More information about BBVA Group can be found at bbva.com. About BBVA CompassBBVA Compass is a Sunbelt-based financial institution that operates 645 branches, including 332 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. Additional information about BBVA Compass can be found under the Investor Relations tab at bbvacompass.com. For more BBVA Compass news, follow @BBVACompassNews on Twitter, visit newsroom.bbvacompass.com, or visit bbva.com. Securities and investment products are offered through BBVA Compass Investment Solutions, a division of BBVA Securities Inc., member FINRA and SIPC. Insurance products are offered through BBVA Compass Insurance Agency, Inc. Investment advisory services are offered through BBVA Wealth Solutions, Inc., a registered investments adviser. Securities and Insurance Products: Are NOT Deposits | Are NOT FDIC Insured | Are NOT Bank Guaranteed | May LOSE Value | Are NOT Insured By Any Federal Government Agency BBVA Compass is a trade name of Compass Bank. View original content to download multimedia:http://www.prnewswire.com/news-releases/bbva-compass-investment-services-names-randall-bond-as-its-chief-fiduciary-officer-300765272.html SOURCE BBVA Compass
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