LONDON, Jan. 28 (Korea Bizwire) — MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance Syndicate in a box (Syndicate) MIC 5183. MIC Global is a pioneering insurtech providing end-to-end digital micro insurance products. The new syndicate will be managed by Asta, the leading third-party managing agent at Lloyd’s [...]
TORONTO, Jan. 26 (Korea Bizwire) – Reported diluted earnings per share of $0.19 Mutual fund gross sales of $914 million for the fourth quarter of 2021, an improvement of 35% year-over-year Mutual fund net sales of $352 million for the quarter Total assets under management and fee-earning assets1 of $42.6 billion AGF Management Limited (AGF or [...]
NEW YORK, Jan. 24 (Korea Bizwire) — Apollo (NYSE: APO) and its subsidiary Athene today announce they have entered into a strategic relationship with BNP Paribas, a premier global bank, to provide a dynamic new solutions platform for working capital and supply chain needs with the establishment of Eliant Inventory Solutions LP (“Eliant”). Eliant provides [...]
New York, Jan. 20 (Korea Bizwire) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced the completion of one of the most active years in the firm’s 17-year history. 2021’s notable highlights include: Closing a record $6.4 billion in total deal volume in [...]
HANOI, Vietnam, Jan. 17 (Korea Bizwire) — VietinBank has launched FX Online 24/7 service, which allows customers to access foreign exchange (FX) services anytime, anywhere on transaction platforms such as VietinBank eFAST and VietinBank iPay. Favorably positioned with these platforms, VietinBank is viewed as an industry leader in providing FX Online services in Vietnam. Sharing [...]
NEW YORK, Jan. 13 (Korea Bizwire) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $345 million loan to Cronin Development for the completion of a 22-story, 114-unit residential and retail condominium development at 150 Seaport Boulevard in [...]
NEW YORK, Jan. 7 (Korea Bizwire) — Global Gate Capital has acquired Walton Ashwood, a 160-unit Class A multifamily asset in the Perimeter Center submarket of Atlanta, Georgia, one of the city’s top employment markets. The property, which has been re-branded to Westmount Ashwood, is located at 1000 Ashwood Parkway and features an outdoor pool [...]
LONDON, Dec. 14 (Korea Bizwire) — Midpoint Holdings Ltd (TSXV: MPT) (Frankfurt: 8MH1) (“Midpoint” or the “Company”) is pleased to announce that it has entered into a purchase agreement dated December 14, 2021, pursuant to which the Company proposes to acquire all of the issued and outstanding share capital of Blockchain World Ltd (“BWL”) – [...]
NEW YORK, Dec. 10 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq Biotechnology Index (Nasdaq: NBI), which will become effective prior to market open on Monday, December 20, 2021. The Index is designed to track the performance of a set of securities listed on The Nasdaq [...]
NEW YORK, Dec. 10 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 20, 2021. The following six companies will be added to the Index: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo [...]