Asset Management News

Get the latest on asset management with press releases highlighting industry news, trends, and strategies driving investment management and financial planning. Explore opportunities in wealth management, investment strategies, and financial advisory services.

Aug 28, 2026 at 8:11 PM

Destiny Tech100 Inc. Reports Second Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended June 30, 2026. The fund reported a net asset value (NAV) of $34.30 per share of common stock, up from $24.56 per share at the end of the first quarter of 2026.As of June 30, 2026, Destiny Tech100’s investment portfolio had an aggregate fair value of approximately $1.64 billion, including short-term investments. The fund maintains positions in a variety of privately-held technology...
Aug 28, 2026 at 4:11 PM

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable October 1, 2026 to shareholders of record on September 14, 2026, with an ex-dividend date of September 14, 2026. Fund Ticker Monthly Distribution Per Share Change from Prior Monthly Distribut...
Aug 28, 2026 at 4:10 PM

First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF®

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for First Trust Enhanced Short Maturity ETF, a series of First Trust Exchange-Traded Fund IV. The following dates apply to today's distribution declaration: Expected Ex-Dividend Date: August 31, 2026 Record Date: August 31, 2026 Payable Date: September 2, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First...
Aug 28, 2026 at 3:41 PM

Atlantic Alumina Expands Partnership with United States Government, Reaching $800 Million in Total Funding to Advance U.S. Critical Mineral Independence

WASHINGTON--(BUSINESS WIRE)--Atlantic Alumina Company LLC (“ATALCO” or the “Company”), the only remaining alumina refinery in the United States, today announced an expansion of its partnership with the Department of War’s ("DoW") Office of the Under Secretary of War for Acquisition & Sustainment, the Economic Defense Unit, and Concord Resources Holdings Limited (“Concord”), in conjunction with Concord’s majority shareholder, a fund managed by Pinnacle Asset Management, L.P. (“Pinnacle”), a...
Aug 28, 2026 at 10:54 AM

Harvest ETFs announces Final August 2026 Cash Distribution for the Harvest Canadian T-Bill ETF

OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. (“Harvest”) announces the final August 2026 cash distribution for the Harvest Canadian T-Bill ETF for the month ending August 31, 2026. The distribution will be paid on or about September 4, 2026 to unitholders of record on August 31, 2026. Details regarding the final per unit cash distribution amount is as follows: Harvest ETF TSX Ticker Cash Distribution Harvest Canadian T-Bill ETF TBIL $0.0926 per unit For additional informati...
Aug 28, 2026 at 9:30 AM

Moody’s Reaffirms WSFS Financial Corp’s Baa2 Issuer Rating with a Positive Outlook; Reflects Diversified Business Model, Strong Capital, and Earnings Strength

WILMINGTON, Del.--(BUSINESS WIRE)--Moody’s Investors Service has reaffirmed their ratings to WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) and WSFS Bank with issuer ratings of Baa2 and revised outlook to positive from stable. The change in outlook was driven by improved credit, sustained earnings and continued balance sheet strength, underscoring the resilience of the franchise and financial performance. Long-and short-term deposits of A2/Prime-1, together with a standalon...
Aug 28, 2026 at 7:05 AM

Impact Communications and Fifteen Impact Clients Named Finalists in 2026 Wealthies and Luminaries Awards Programs

LEAWOOD, Kan.--(BUSINESS WIRE)--Impact Communications, a full-service marketing and PR agency exclusively serving wealthtech, financial services, and independent financial advisory firms, today announced that it has been named a finalist in both the 2026 Wealth Management Industry Awards (the “Wealthies”) and the 2026 ThinkAdvisor Luminaries Awards – two of the most prominent and respected awards programs in the wealth management industry. In the Wealthies competition, Impact was named a finali...
Aug 28, 2026 at 4:56 AM

Piraeus Bank Priced a €500mn 6 Non-Call 5 Year Tenor Senior Preferred Bond at a Spread of 90bps

ATHENS, Greece--(BUSINESS WIRE)--Piraeus Bank S.A. (“Piraeus” or the “Bank”) announces that, it has successfully completed the pricing of a new €500 million Senior Preferred Bond (the “Bond”) with an annual fixed coupon at 4.00%, attracting the interest of a large number of institutional investors. The Bond has a maturity of 6 years and an embedded issuer call option after 5 years. Settlement will take place on 3 September 2026 and the notes will be listed on the Luxembourg Stock Exchange’s Eur...
Aug 27, 2026 at 5:24 PM

BitGo Acquires NYDIG’s Institutional Trading Business, Expanding Derivatives and Financing Capabilities

NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo” or the “Company”), the digital asset infrastructure company, today announced that it has entered into a definitive agreement and completed the acquisition of the institutional trading business and related assets of NYDIG. The transaction expands BitGo’s institutional service offering and allows NYDIG to focus its resources on its vertically integrated power generation, bitcoin mining, and high-performance computing (“HPC”) da...
Aug 27, 2026 at 5:05 PM

DigitalBridge to Acquire PLUS ES, a Leading Australian Smart Metering Platform

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge, a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that a DigitalBridge-managed investment vehicle has entered into an agreement to acquire PLUS ES, one of Australia’s largest smart meter providers. PLUS ES is a separate ring-fenced entity within the Ausgrid Group. PLUS ES provides infrastructure and services that connect retailers, utilities and network operators with the data needed to...
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