SUMMARY
Mary Tucker Magill was a Virginia educator and author whose work portrays the generation of Virginians who endured the hardships of defeat following the American Civil War (1861–1865) and looked ahead to the next century by embracing innovative ideas on health and well-being. Magill wrote two conservative textbooks on Virginia history and a forward-thinking manual of exercises for women. She was also a novelist and short-story writer whose fiction, like her historicism, depicted an idealized version of plantation life in the Old South.
Born on August 21, 1830, Magill was the daughter of Ann Evelina Tucker, the daughter of U.S. Congressman, Virginia jurist, and law professor Henry St. George Tucker (1780–1848); and a university professor, Dr. Alfred T. Magill. Mary Magill spent her childhood in Jefferson County, in what is now West Virginia. She received her education in Richmond and Charlottesville, at the University of Virginia, where her father was a pr
Kokkie Kooyman on Remgro selling 40m shares of FirstRand
The FirstRand share price dropped 4% to R51 a share on Friday. Kokkie Kooyman, a banking analyst at Denker Capital, joined the BizNews Power Hour to share his analysis and said it is not a requirement to announce these changes as it is a fairly small transaction.
Kokkie Kooyman on Remgro’s sale of 40 million FirstRand shares:
It’s actually a fairly small transaction for Remgro and FirstRand, which at the last set of Remgro results, represented more or less 9% of earnings. In terms of market cap, the sell price is roughly 4% or 5%. I think it’s part of what they started many years ago and last year also, with a further unbundling of RMBH. But I think what is more important here for investors, is that we see this as a global phenomenon – not only in South Africa – that the days of conglomerates are basically numbered.
Touchstone Investments Announces Purchase Agreement to Acquire Select Retail Mutual Fund Business Assets from AIG Life & Retirement
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CINCINNATI, Feb. 8, 2021 /PRNewswire/ Touchstone Investments and AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), announced today that Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, has agreed to acquire select assets of AIG Life & Retirement s Retail Mutual Funds business.
AIG s Retail Mutual Funds business manages $7.8 billion in assets across 18 mutual funds as of Dec. 31, 2020. Under the terms of the purchase agreement, 12 of those funds – with approximately $7.5 billion in assets – will be reorganized and merged into either existing Touchstone funds or into newly created Touchstone funds. After the reorganizations, the funds will be advised by Touchstone Advisors, Inc.