Asset Management News

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:   December 29, 2025 Record Date:   December 29, 2025 Payable Date:   December 31, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Long-Term Capital Gain Per Share Amount     ACTIVELY MANAGED EXCHANGE-TRADED FUNDS       Firs...

TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the “Exchange” or “TSXV”) has accepted a notice (the “Notice”) filed by the Company of its intention to make a normal course issuer bid (the “NCIB”). In connection with the NCIB, the Company entered into an automatic share purchase plan (an “ASPP”) with TD Securities Inc. (“TD”) to allow for purchases of its common shares (the “Shares”). In connection...

NEW YORK--(BUSINESS WIRE)--Simplify Asset Management announces NAV restatements for the PCR ETF....

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Farabaugh Engineering & Testing Inc. to Certerra. The acquisition closed August 15, 2025. Headquartered in McKeesport, Pennsylvania, Farabaugh Engineering & Testing Inc. (FETLabs) is a family-owned, full-service engineering laboratory with more than 35 years of experience in the building components industry. The company provides...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Swift Health Medical Group to a Private Medical Practice. The acquisition closed November 25, 2025. Headquartered in Atlanta, Georgia, Swift Health Medical Group is an urgent care clinic that provides immediate, non-emergency medical services for patients of all ages. The clinic offers walk-in treatment for common illnesses and injuries,...

LONDON & NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced an agreement to acquire a majority controlling interest in Castrol (or “the Company”), a global leader in lubricants, from BP p.l.c. (“bp”) (NYSE: BP) (LON: BP), in a transaction valuing the business at an enterprise value of approximately $10.1 billion. bp will retain a 35% minority interest in Castrol as part of the transaction. In connection wit...

TOKYO--(BUSINESS WIRE)--PAG and KKR to Acquire Sapporo Real Estate from Sapporo Holdings...

TOKYO--(BUSINESS WIRE)--KKR Completes Tender Offer for Forum Engineering...

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14770 per share on the Fund’s outstanding common stock. The distribution is payable on January 22, 2026, to shareholders of record on January 12, 2026. The ex-dividend date is January 12, 2026. The Fund will pay a previously declared distribution today...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Huber Capital Management, LLC today announced that the Huber Select Large Cap Value Fund, Institutional Class, (HULEX), has acquired the assets of the Coho Relative Value Fund (COHOX). “We’re excited to welcome the Coho Relative Value Fund shareholders to our family and look forward to seeking to help them pursue their long-term investment goals within our established platform,” said Joe Huber, CEO of Huber Capital Management. “This acquisition reflects our...