A dream literally came true for a man in Edwardstown, South Australia. He said he has been using the same set of numbers to play the lottery for several years, after they came to him in a dream. According to UPI, those numbers recently won him a jackpot of nearly $3.4 million.
A Guinness World Record was recently broken at the Toronto Zoo. A conservation group collected 2,190 paper snowflakes made by children across Canada to make a chain in the zoo’s polar bear exhibit. According to UPI, Guinness World Records confirmed that Earth Rangers broke the world record with the chain of paper snowflakes that measured 1,324.34 feet.
In Syracuse, New York, the fire department responded to the Landmark Theatre after employees heard someone banging on the wall of a bathroom and yelling for help. Rescuers drilled a hole in the wall and used a fiber-optic camera to find the person’s exact location, Fox News reports. They found a naked man was trapped. After determining the best way to extract the man, officials said firefighters carefully cut through several layers of drywall and structural clay tile to reach him. It was not clear how the man got into the wall, but fire officials said it was believed he had entered the theatre two or three days prior.
Officials responding to a house fire in Longmont, Colorado, were told by a man there that he accidentally set the fire to his mom’s house when he used a blowtorch to try to clear cobwebs from a crawlspace under the house. Fox News reports that the man was arrested on suspicion of first-degree arson and criminal mischief causing $20,000 to $100,000 in damages, among other things.
A dizzying way to put lights on the Christmas tree. If you can’t view the below video, try https://youtu.be/IPyKs44RmSw.
Did the neighbors steal your decorations idea? If you can’t view the below video, try https://youtu.be/7Qd0rej4eIA.
Anyone lose their luggage at the Dallas/Fort Worth International Airport? If you can’t view the below video, try https://youtu.be/Ab_KkFA7E6g.
Nasdaq and Alpha Capital Management have announced an extension of their relationship that enables Nasdaq to offer the Alpha Peer Universes through Nasdaq’s Asset Owner Solutions. Users will be able access the peer universes through the eVestment and Solovis platforms.
The new Alpha Peer Universes provide a third-party and unbiased tool for allocators to analyze their performance and asset allocation against more than 1,100 institutional investment portfolios.
The Alpha Peer Universes allow allocators to run peer universe analytics on performance and asset allocation versus thousands of other asset owners. Users can analyze the universes based on time-period, client type, portfolio risk, performance and portfolio size, giving users the ability to build peer universes with multiple metrics in an efficient way tailored to their investment profile.
The Alpha Nasdaq OCIO Indices were launched 24 months ago with the goal of creating transparency in the outsourced chief investment officer (OCIO) industry and giving investors and OCIO firms the ability to objectively measure OCIO performance.
OneAmerica Launches Adviser Managed Account Service
OneAmerica is teaming up with managed retirement accounts provider Morningstar Investment Management. This collaboration enables advisers to deliver more tailored savings and investment advice to plan participants.
OneAmerica will provide recordkeeper services through Morningstar Investment Management to registered investment adviser (RIA) firms in a white-label version under the RIA’s brand. A few pilot firms are already on board and others are slated to join in 2022.
This new managed account service delivers the same investment experience that employers rely upon OneAmerica for in their retirement plan design. This approach gives plan participants more personalized advice based on portfolios that are aligned with their adviser firm’s investment experience and philosophies. Participants receive a personalized investment recommendation based upon many factors such as age, salary, account balance, contribution rate, gender and risk capacity. In addition, individuals can use managed accounts to aggregate previous employer retirement plans and other accounts in order to receive high-level asset allocation guidance.
The adviser managed account service leverages Morningstar Investment Management’s existing managed accounts user interface. OneAmerica has integrated the platform into its recordkeeping system, allowing for a seamless participant experience.
PGIM Investments Launches New Bond Funds
PGIM Investments has launched two new bond funds—the PGIM Total Return Bond ETF and PGIM ESG High Yield Fund—expanding access to its flagship core-plus bond strategy and providing a high-yield option for fixed-income investors committed to environmental, social and governance (ESG) investing principles. PGIM is the global investment management business of Prudential Financial, Inc.
The PGIM Total Return Bond ETF aims to outperform the Bloomberg U.S. Aggregate Index with opportunistic investments in non-benchmark sectors and derivatives. The PGIM ESG High Yield Fund seeks to outperform the Bloomberg U.S. High Yield 1% Issuer Capped Index over the long term while investing in bond issuers with stronger ESG characteristics and practices.
Both funds are managed by PGIM Fixed Income. PGIM Fixed Income’s active investment approach is bolstered by credit research, quantitative research and risk management to help deliver competitive returns and manage volatility.
“PGIM Investments is committed to a vehicle-agnostic approach, offering our strategies in different forms across multiple platforms to meet investors where they are and enabling them to invest the way they want,” says Stuart Parker, president and CEO of PGIM Investments. “These new funds respond to the demand we’re seeing for expanded access to time-tested active management strategies and investment options that put ESG considerations at the forefront.”
BNY Mellon Investment Management Launches Active International Equity ETF
BNY Mellon Investment Management has announced the expansion of its exchange-traded funds (ETFs) line-up with the launch of the BNY Mellon Concentrated International ETF. This active, fully transparent solution is sub-advised by Walter Scott & Partners Limited (Walter Scott), a BNY Mellon investment subsidiary and global equity specialist.
The BNY Mellon Concentrated International ETF brings Walter Scott’s disciplined and patient, high-conviction investment approach to the broader ETF landscape.
The BNY Mellon Concentrated International ETF seeks to provide a compelling investment solution in an area of the market that offers an opportunity to capture alpha. The strategy features a highly concentrated portfolio, typically investing in 25 to 30 high-quality international growth stocks, with a strong emphasis on long-term growth by targeting companies with fundamental strengths that indicate the potential for sustainable growth.
“The current environment demands a critically discerning stock-picking approach to effectively identify quality growth companies. Complex market dynamics have been challenged by policies stemming from the global pandemic, which in some cases, have obscured underlying fragilities across the global corporate sector,” says Roy Leckie, director of Walter Scott. “The BNY Mellon Concentrated International ETF is a natural extension of our existing suite of global funds, and we’re pleased to bring Walter Scott to market in the ETF arena.”
