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European credit specialist AlbaCore Capital Group (“AlbaCore”) is pleased to announce it has entered into a strategic partnership with First Sentier Investors (“FSI”), a leading global investment management group. The partnership unites AlbaCore’s credit expertise and track record of delivering alpha to investors with FSI’s strategic capital and broad distribution strengths. This will support the expansion of existing and new strategies for the benefit of both firms and further enable AlbaCore to meet the growing...

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Vanguard today launched Vanguard Short-Term Tax-Exempt Bond ETF (Ticker: VTES). The new municipal bond index ETF is managed by Vanguard Fixed Income Group and is designed for tax-sensitive investors with a short-term time horizon and low interest rate risk tolerance. “Vanguard Short-Term Tax-Exempt Bond ETF is built to optimize tax efficiency for investors seeking to allocate to the shorter end of the municipal bond market,” said Sara Devereux, global head of Vanguard Fixed Income Group. “The...

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Glenmede, a leading investment and wealth management firm overseeing $40.5 billion in assets under management (AUM), today announced the election of Gabrielle Bailey and Susan Mucciarone to the Glenmede Trust Company of Delaware Board. The Glenmede Trust Company of Delaware was established in 2020 to extend Glenmede’s advisory and service capabilities in support of those private client families who seek to benefit from having their financial affairs administered in Delaware. Ms. Bailey currently serves as Glenmede’s Chief...

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Amwins, a global distributor of specialty insurance products and services, has announced a new minority investment in Rhodian, an Australian start-up MGA incubator whose focus includes building a network of successful, independent underwriting agencies powered by Rhodian’s technology and capacity relationships and operational services. With a strong shared-equity ethos, Rhodian has developed a framework that empowers agency leaders to have ownership of their brand, product and delivery to market, with the engine room of Rhodian...

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