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NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES CHANGES TO PORTFOLIO MANAGEMENT TEAM
Prnewswire· 2025-12-15 21:54
Group 1 - Neuberger Berman High Yield Strategies Fund Inc. announced that Joseph Lind will become Co-Head of Special Situations effective December 31, 2025, and will cease his portfolio management responsibilities by December 31, 2026 [1] - Steve Ruh has been appointed as co-Portfolio Manager of the Fund, effective December 31, 2025 [1] Group 2 - Neuberger Berman is an employee-owned, independent investment manager founded in 1939, managing $558 billion across various asset classes for global institutions, advisors, and individuals [2] - The firm has over 2,900 employees in 26 countries and has been recognized as the 1 Best Place to Work in Money Management by Pensions & Investments for eleven consecutive years [2]
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES CHANGES TO PORTFOLIO MANAGEMENT TEAM - Neuberger Berman High (AMEX:NHS)
Benzinga· 2025-12-15 21:54
NEW YORK, Dec. 15, 2025 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE:NHS) (the "Fund") has announced that Joseph Lind, co-Portfolio Manager to the Fund, will expand his role and become Co-Head of Special Situations effective December 31, 2025, and will cease his portfolio management responsibilities to the Fund on or about December 31, 2026. Steve Ruh, CFA, Managing Director, has been named co-Portfolio Manager of the Fund, effective December 31, 2025.About Neuberger BermanNeuberge ...
Baron Capital Expands Active ETF Lineup With Five Funds
Etftrends· 2025-12-15 21:10
Core Viewpoint - Baron Capital has launched five active ETFs, continuing its strategy of investing in growth companies within the ETF structure [1] Group 1 - The launch of the five active ETFs represents an extension of Baron Capital's long-term investment approach [1] - The new ETFs are designed to target growth companies, aligning with the firm's established investment philosophy [1]
Baron Capital rolls out five active ETFs, SpaceX becomes the firm's biggest investment
CNBC· 2025-12-15 21:07
Core Insights - Baron Capital has launched five actively managed exchange-traded funds (ETFs), leveraging its long-term investment success to meet growing demand for active strategies in the ETF market [1][2] Group 1: New ETF Launch - The newly launched ETFs include Baron First Principles ETF (RONB), Baron Global Durable Advantage ETF (BCGD), Baron SMID Cap ETF (BCSM), Baron Financials ETF (BCFN), and Baron Technology ETF (BCTK), which began trading on Monday [2] - Each ETF is designed to reflect the investment strategies that Baron Capital has successfully employed over decades in its mutual funds and private accounts [2] Group 2: Investment Focus - SpaceX has become Baron Capital's largest investment at approximately $10 billion, surpassing Tesla, with its expanding Starlink satellite network being a key factor in the long-term investment thesis [3] - The firm is optimistic about the potential of space-based data centers, suggesting that such infrastructure could significantly lower energy and cooling costs [3][4] - Baron Capital has also invested in xAI, another company founded by Elon Musk, which is expected to benefit from the growth of satellite networks and space-based computing for AI services [4] Group 3: Performance and Future Goals - Baron Capital reports that 98% of its assets have outperformed their benchmarks, with around 60% ranking in the top 5% of funds, indicating strong historical performance [4] - The Baron Partners Fund has been recognized as the top-performing U.S. fund since 2003 [4] - Since its inception in 1992 with $100 million in assets, the firm has generated approximately $57 billion in profits and aims to quintuple that amount over the next decade [5]
Sprott Silver Miners & Physical Silver ETF Reaches $500 Million in Assets in Less Than a Year
Globenewswire· 2025-12-15 21:00
Core Insights - The Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) has reached $500 million in assets under management within less than a year of its launch on January 15, 2025, indicating strong investor interest in silver-related investments [2][3] - SLVR is the only ETF that provides pure-play exposure to silver miners and physical silver, capitalizing on the growing demand for silver and its evolving industrial applications [2][3] - Silver prices have recently hit new all-time highs, with demand increasing and supply expected to be in deficit for the seventh consecutive year, which enhances the profitability of silver mining [3] Company Overview - Sprott Asset Management USA, Inc. is a subsidiary of Sprott Inc., focusing on precious metals and critical materials investments, leveraging extensive industry experience [7] - The company offers a range of ETFs, including those focused on gold, silver, uranium, copper, lithium, and nickel, providing diversified exposure to various metals and mining sectors [4][5] ETF Details - The Sprott Silver Miners & Physical Silver ETF aims to achieve investment results that correspond to the total return performance of the Nasdaq Sprott Silver Miners Index by investing at least 80% of its total assets in securities of the Index [3] - The Nasdaq Sprott Silver Miners Index tracks a selection of securities in the silver industry, including producers, developers, explorers, and physical silver [3]
Lost Money on Blue Owl Capital Inc. (OWL)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Globenewswire· 2025-12-15 20:52
Core Viewpoint - A class action securities lawsuit has been filed against Blue Owl Capital Inc. due to alleged securities fraud affecting investors between February 6, 2025, and November 16, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that Blue Owl Capital Inc. faced significant pressure on its asset base from redemptions by business development companies, leading to undisclosed liquidity issues [2]. - It is claimed that the company was likely to limit or halt redemptions of certain business development companies, which contradicts the positive statements made by the defendants regarding the company's business and prospects [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until February 2, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years by ISS Securities Class Action Services [4].
X @Bloomberg
Bloomberg· 2025-12-15 20:46
Market-making firms in the exchange-traded fund industry may come under strain amid a potential wave of new listings in 2026, with US regulators poised to allow asset managers to offer ETFs as share classes of mutual funds https://t.co/MLWSblasud ...
Goldman Sachs, T. Rowe Debut First Four Joint Models
Yahoo Finance· 2025-12-15 20:46
Core Insights - Goldman Sachs Asset Management and T. Rowe Price have launched four co-branded model portfolios aimed at mass affluent and high-net-worth investors, marking the beginning of a strategic alliance announced in September [1][2] - The model portfolios include a mix of mutual funds and ETFs, specifically the Goldman Sachs T. Rowe Price Dynamic ETF Portfolio, Tax-Aware Dynamic ETF Portfolio, Dynamic Hybrid Portfolio, and Tax-Aware Dynamic Hybrid Portfolio [2] - A fifth model, the Goldman Sachs T. Rowe Price High Net Worth Portfolio, is planned for launch in the first half of 2026, focusing on high-net-worth investors [3] Company Strategy - The collaboration aims to leverage the expertise of both firms to enhance offerings in the wealth management channel, assisting investors in achieving long-term financial goals [4] - Advisors utilizing these model portfolios will benefit from coordinated support and resources from both companies, including wholesalers and dedicated model specialists [5] Market Context - The model portfolio market is valued at $7.7 trillion, with third-party models accounting for 24% of this total as of Q3 2025, indicating a growing reliance on such products by advisors [6] - There is a trend among asset managers to launch new model portfolios, often in partnership, to combine public and private assets [6]
Columbia Threadneedle Expands ETF Roster With 6 New Funds
Etftrends· 2025-12-15 20:10
Core Insights - Columbia Threadneedle Investments has launched six new ETFs, comprising five actively managed funds and one index-linked fund targeting specific equity and fixed income segments [1] Group 1: New ETF Offerings - The new ETFs include a mix of actively managed and index-based strategies, indicating a strategic expansion in Columbia Threadneedle's product lineup [1] - The focus on specific segments within equities and fixed income suggests a tailored approach to meet diverse investor needs [1]
Sun Life Global Investments Announces December 2025 Cash Distributions for ETF Series - Sun Life Financial (NYSE:SLF)
Benzinga· 2025-12-15 20:05
Core Insights - SLGI Asset Management Inc. announces regular cash distributions for its exchange-traded funds (ETF Series) for the month ending December 31, 2025, with unitholders of record on December 22, 2025, set to receive these distributions on December 31, 2025 [1] Distribution Details - The cash distribution amounts per unit for the ETF Series are as follows: - Sun Life Core Advantage Credit Private Pool – ETF Series (SLCA): $0.083 - Sun Life Crescent Specialty Credit Private Pool – ETF Series (SLSC): $0.108 - Sun Life MFS Global Core Plus Bond Fund – ETF Series (SLGC): $0.075 [2] - The Sun Life Exchange-Traded Funds Distribution Reinvestment Plan (DRIP) will automatically reinvest cash distributions into the ETF Series unless unitholders opt for cash payments [2] Company Overview - Sun Life Global Investments is a trade name of SLGI Asset Management Inc., part of the Sun Life group, which offers diverse investment solutions to Canadians [4] - Sun Life is a leading international financial services organization with operations in multiple markets, including Canada, the U.S., and several Asian countries, managing total assets of $1.62 trillion as of September 30, 2025 [5]