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Asset-tokenized platform Securitize has launched the Neuberger Securitize High Income Tokenized Fund, marking it as the first high-yield bond fund with investment manager Neuberger Berman.  The fund aims to attract risk-adjusted returns by investing primarily in high-yield and fixed-income investments across public blockchain networks such as Avalanche, Ethereum, Solana, and Sui.  The move comes as …

Real estate investment manager Machine Investment Group has held the final close of its second flagship fund, Machine Real Estate Fund II, hitting its $350 million hard cap alongside $120 million raised in parallel co-investment vehicles. Fund II exceeded the firm’s 2022 inaugural fund, which secured $246 million in primary commitments and $208 million in …

Asset-tokenized platform Securitize has launched the Neuberger Securitize High Income Tokenized Fund, marking it as the first high-yield bond fund with investment manager Neuberger Berman.  The fund aims to attract risk-adjusted returns by investing primarily in high-yield and fixed-income investments across public blockchain networks such as Avalanche, Ethereum, Solana, and Sui.  The move comes as …

Vestmark has been tapped by Vanguard to provide an expanded source of model portfolios to registered investment advisors, as asset classes and service preferences continue to be growing factors for clients.  Vanguard has launched the Vanguard Custom Model Portfolios, which aims to provide advisors with customized portfolios through the firm. Through its partnership, Vestmark will …

Janus Henderson Investors’ AAA CLO ETF has surpassed $30 billion in assets under management, underscoring growing investor demand for high-quality floating-rate securities as interest-rate volatility reshapes fixed-income portfolios. The Janus Henderson AAA CLO ETF, trading under the ticker JAAA, attracted more than $5.7 billion in net inflows through Aug. 10. The fund is now the …

Nth Cycle Inc., a critical minerals refiner focused on reshoring strategic supply chains, has agreed to merge with Kensington Capital Acquisition Corp. VI in a deal that values the company at an implied enterprise value of $585 million. The transaction will take Nth Cycle public as Nth Cycle Holdings, Inc., with shares expected to trade …

Executive Summary Additional Tier 1, or AT1, bank bonds are trading at near-historic tight spreads despite their complex, loss-absorbing structures. With the ICE CoCo Index offering roughly 206 basis points over benchmark rates, well below its 385-basis-point historical median, investors may not be adequately compensated for coupon-cancellation, extension, and regulatory risks. As banks increasingly issue …

The U.S. Treasury Department will at least double the size of buyback operations for longer-dated government securities, expanding its effort to improve trading conditions after the 30-year yield reached its highest level since 2007. Beginning Sept. 9, Treasury will raise the maximum purchase amount from $2 billion to at least $4 billion for operations covering …

Wealth Enhancement has scooped up a Washington-based independent registered investment advisory firm that oversees more than $644 million in total client assets.    Olympia, WA-based Weinand Financial, which was founded in 1991, is led by senior vice president and financial advisor Mike Weinand. The firm provides financial planning services, including retirement and investment planning, retirement plan …

Audit and advisory firms embedding artificial intelligence across most client engagements are reporting substantially better business outcomes than firms using the technology selectively, suggesting organizational execution—not merely access to AI tools—is becoming a competitive dividing line. Fieldguide surveyed 400 audit and advisory leaders in May, dividing respondents between 204 “active deployers” using AI across most …

Saragon has officially launched, backed by up to $1 billion in committed capital from I Squared Capital. The Phoenix, Arizona-based company begins operations with 10 data centers across nine strategically located U.S. markets and plans to scale rapidly through investment in its existing footprint, customer-led expansion, and additional acquisitions. Saragon was established following I Squared’s …

Cohen & Steers has launched the Cohen & Steers Real Assets Active ETF, expanding the firm’s actively managed exchange-traded fund lineup with a diversified strategy spanning listed real estate, infrastructure, natural resources and commodities in a single vehicle. The ETF trades on the NYSE Arca under the ticker CSRA. “We believe we have entered an …

Audit and advisory firms embedding artificial intelligence across most client engagements are reporting substantially better business outcomes than firms using the technology selectively, suggesting organizational execution—not merely access to AI tools—is becoming a competitive dividing line. Fieldguide surveyed 400 audit and advisory leaders in May, dividing respondents between 204 “active deployers” using AI across most …

Atrium has launched a commercial real estate credit-intelligence platform designed to help investors and lenders track loan exposure across property records. The San Diego-based company combines more than 150 sources, including county records, trustee reports, bank and real estate investment trust filings, broker data and syndicated-loan information. The system links debt to individual properties regardless …

U.S. employers unexpectedly shed 23,000 jobs in July, falling far short of the 88,000 gain projected by economic consensus, according to data released by the U.S. Bureau of Labor Statistics. The drop was compounded by sharp downward revisions to prior months. May payroll additions were revised down by 66,000 to 63,000, while June figures were …

Executive Summary Inflation expectations have fallen sharply following last week’s benign CPI and PPI prints, yet the market continues to price a meaningful probability of an interest rate hike by the Federal Reserve — a disconnect that appears mispriced. On balance, the Fed will likely look through the near-term energy spike and hold rates steady …

Executive Summary Additional Tier 1, or AT1, bank bonds are trading at near-historic tight spreads despite their complex, loss-absorbing structures. With the ICE CoCo Index offering roughly 206 basis points over benchmark rates, well below its 385-basis-point historical median, investors may not be adequately compensated for coupon-cancellation, extension, and regulatory risks. As banks increasingly issue …

The U.S. Treasury Department will at least double the size of buyback operations for longer-dated government securities, expanding its effort to improve trading conditions after the 30-year yield reached its highest level since 2007. Beginning Sept. 9, Treasury will raise the maximum purchase amount from $2 billion to at least $4 billion for operations covering …