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Natixis Investment Managers today received approval from the Securities Exchange Commission (SEC) for the use of custom baskets in actively managed semi-transparent exchange-traded funds (ETFs) that follow the New York Stock Exchange (NYSE)’s Proxy Portfolio Methodology approach. Previously, Natixis active semi-transparent ETFs were required to disclose proxy portfolios that closely track the fund’s actual intraday portfolio performance on a daily basis. This new approval from the SEC enables Natixis to create custom baskets that contain securities not included, or securities in different weights than are in the fund’s Proxy Portfolio when creating or redeeming shares. The use of custom baskets for active semi-transparent ETFs has the potential to reduce trading costs, increase efficiency, and improve secondary markets for the shares.
City Hive partners with #TalkAboutBlack for industry mentoring scheme
Improving representation of woman and ethnic minorities
City Hive founder Bev Shah
City Hive is collaborating with #TalkAboutBlack, a part of the Diversity Project, to extend its successful cross-company mentoring scheme to both women and ethnic minorities.
The 2021 iteration, of which Investment Week is a media partner, follows last year s successful inaugural scheme and aims to provide crucial guidance and support to women and ethnic minorities to accelerate.
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BlackRock Energy and Resources Income Trust Plc - Final Results
PR Newswire
(LEI: 54930040ALEAVPMMDC31)
PERFORMANCE RECORD
80.76
2
4,900
4.31
4.00
========
1 The change in net assets reflects market movements, the buyback of shares and dividends paid during the year.
2 Alternative Performance Measures, see Glossary contained within the Annual Report which can be found on the Company s website at wwww.blackrock.com/uk/beri.
CHAIRMAN S STATEMENT
MARKET OVERVIEW
This year has been challenging for investors with the COVID-19 pandemic creating deep uncertainty about the prospects for economies and triggering extreme volatility in markets. As the pandemic took hold, demand for commodities collapsed and significant operational and supply disruption exacerbated sharp falls in their prices. Stock markets subsequently rallied, aided by positive economic data from China and the oil price staged a partial recovery on the back of Organisation of Petroleum Exporting Coun
Former UFU president contests Seanad agri-panel seat
Former President of the Ulster Farmers’ Union (UFU) Ian Marshall is contesting a seat in the Seanad on the Agricultural Panel in the 2021 by-election.
The seat became available after former Minister of State Michael D’Arcy resigned to take up a new role with the Irish Association of Investment Managers (IAIM) last year.
Marshall, from Co. Armagh, is contesting the seat as an independent candidate and has said that “it has never been more important that members elected to this panel have direct experience and capacity to fight for farming”.
Marshall’s background
Operator
Ladies and gentlemen, thank you for standing by. Welcome to the BrightSphere Investment Group Earnings Conference Call and Webcast for the Fourth Quarter 2020. During the call, all participants will be in a listen-only mode. After the presentation we will conduct a question-and-answer session. [Operator Instructions] I would now like to turn the meeting over to Elie Sugarman, Managing Director and Strategic Development.
Please go ahead Elie.
Investor Relations
Good morning and welcome to BrightSphere s conference call to discuss our results for the fourth quarter ended 31, 2020. Before we get started, please note that we may make forward-looking statements about our business and financial performance. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ materially from those projected. Additional information regarding these risks and uncertainties appears in our SEC filings, including the Form 8-K filed today cont