Multi-affiliate asset manager Diffractive Managers Group is acquiring F/m Acceleration, a $3.1 billion-asset platform for breakaway asset managers. The firm houses investment brands including Genoa Asset Management, Integrated Alpha Investments and North Slope Capital, and this summer launched a suite of U.S. Treasury ETFs, the US Benchmark Series. “These expanded capabilities and increased range of […]
Multi-boutique asset management firm Diffractive Managers Group has agreed to acquire fellow multi-boutique F/m Acceleration, creating a firm with $23 billion in assets under management. Diffractive chairman John Hailer, who will remain as chair of the combined company, said, “The acquisition of F/m by Diffractive will bring together complementary skill sets and resources allowing us […]
Megan Wolf, chief operating officer of private aviation leader Flexjet, spoke about the challenges and opportunities for businesspeople and celebrities flying privately. “The biggest challenge facing ultra-high-net-worth people right now is the lack of aircraft available for purchase,” Wolf said. “After the initial lockdowns, private jet activity has soared since the pandemic started.” Wolf said […]
Dave Goodsell, Executive Director of the Natixis Center for Investor Insight, spoke about the challenges facing those in and approaching retirement. “Retirees are feeling the pressure,” said Goodsell. “Prices are going up, and the cost of living is a real factor.” To meet these challenges, “You don’t need a miracle – you need a plan.” […]
Flexjet Chairman Kenn Ricci joined CNBC’s ‘Squawk Box’ to break down the company’s decision to go public through a merger with a special purpose acquisition company, or SPAC. View.
Private aviation leader Flexjet announced that it will become a publicly-traded company through a business combination with Horizon Acquisition Corporation II. Read more.
Tassat, the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced the successful testing of The Digital Interbank Network, a blockchain-based business-to-business payment network. “It has been our long-held view that private permissioned blockchain technology operating entirely within the existing U.S. banking system can deliver all the power […]
Tassat Group Inc., the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced that The Digital Interbank Network completed over $500 million in real-time transactions among three banks using Tassat-controlled accounts on Saturday, October 1. The groundbreaking launch saw over 400 transactions conducted without failure during an 8-hour […]
Julie Cartwright, president of fitness leader P.volve (https://www.pvolve.com/), discusses “The Emerging Menopause Crisis In America’s Workforce,” in which the growing participation of women in the workforce has resulted in HR challenges ranging from supporting pregnant employees to addressing childcare concerns to eliminating gender-based compensation disparities. As America’s workforce ages, menopause is emerging as a crisis […]
The Ziegler FAMCO Hedged Equity Fund provides exposure to growth potential of the equity market. On the TD Ameritrade Network, CEO Wiley Angell discussed using hedging strategies in today’s markets. He examined the Ziegler FAMCO Hedged Equity Fund, as well as the S&P 500 price changes. He then went over what a cost-neutral hedging strategy […]