Allocators and managers that have been patiently waiting for a resurgence to their value equity portfolios are finally seeing the payoff as more cyclical areas of the market have rebounded during the rollout of COVID-19 vaccines and continual low interest rates.
A foundation based in a Southern state elected new board of trustees members, including investment professionals, and assigned current members to leadership positions effective July 1.
Simplify Asset Management has hired a senior v.p. to focus on the operations and business development on behalf of its lineup of exchange traded funds.
Operations management consulting provider Dupont Sustainable Solutions acquired an ESG consultant that helps investors, corporations and non-governmental organizations, including nonprofits and foundations, integrate material ESG issues into corporate and investment strategies.
BNY Mellon Wealth Management has hired a senior client strategist to work with foundations, endowments, ultra-high-net-worth families and family offices on their comprehensive wealth needs.