The firm also plans to migrate $14 billion of Aligned Capital assets to its in-house custody platform
Shareholders approved plan to spin off asset management business
A hearing next month will examine whether certain investors are entitled to priority claims
Mutual fund redemptions ramped up and long-term ETF sales slumped
Recent launches include a green bond fund and an Ether ETF
The partnership aims to heat up competition in responsible investment
Some firms are keeping new strategies in-house for wealthy clients
Proposals would allow fund managers to post financial statements and management reports on designated websites
PMAC found that 19% of member firms are allowing employees to work remotely full time
Canaccord and Wellington both snagged advisors, while Beutel Goodman named fixed income lead