There have been several management changes on two subadvised American Beacon funds, Citywire has learned. Doug Cambell has been added to Hotchkis and Wiley Capital Management’s sleeves of both the $113m American Beacon Balanced fund (AADBX) and the $3.5bn American Beacon Large Cap Value fund (AADEX). Additionally, PM Judd Peters has been removed from both
BEMIDJI — The Minnesota Department of Commerce will host a Home Energy Rebate Program hearing from 6 to 8 p.m. on Wednesday, July 24, in the Beaux Arts Ballroom at Bemidji State, 1500 Birchmont Drive NE. The Home Energy Rebate Program was funded through the Inflation Reduction Act of 2022, which invests $500 billion in
A penny sales tax is a step closer to being on the November ballot after a Greenville County Council vote on Tuesday. In a second reading, the council voted 8-4 to advance the referendum, which still needs one more reading before voters can decide whether to add a 1% sales tax to retail purchases in
Mergers and acquisitions among insurance agents and brokers declined in the second quarter as some previously active buyers reduced the number of purchases they completed, according to a report released Wednesday by Optis Partners LLC. There were 146 transactions announced during the second quarter, a 26% decline from the same period last year and 26%
The City of St. Petersburg has announced that residents selected the Forward Together youth crime prevention program as the recipient of $1 million in funding through the Innovative Equity Project. Mayor Ken Welch announced the Innovative Equity Project earlier this year, allowing residents to choose one of five programs to fund. The Innovative Equity Project
Image source: istsock.com/bariz ozer HM Revenue and Customs (HMRC) has retained Capgemini for its role in supporting its Enterprise Tax Management Platform (ETMP) and end of period statements (EOPS). They have agreed on a new five-year contract valued at £402 million up to £574 million. This comes after the company was awarded the original contract
The Midwest has long been known for its friendly people and affordable living, but now it’s catching the eye of savvy real estate investors too. With bustling cities, strong job markets and room for growth, the heartland is becoming a hotspot for property buyers looking to make smart moves in the next few years. Read
In Shaddick v. Hessler, 316 Neb. 600 (May 10, 2024), the Nebraska Supreme Court decided that explicit tax apportionment provisions in a decedent’s revocable trust trumped the state law rule that all beneficiaries proportionally share in the inheritance tax burden. Michael Hessler established a revocable trust as part of his initial estate plan. Later, he
Credit: Unsplash/CC0 Public Domain Commercial greenhouses in Europe are testing new energy and water efficiency technologies in support of the green transition. In the province of Almería in southeastern Spain, farmers grow an estimated 2.5 to 3.5 million metric tons of fruit and vegetables every year in what has become known as Almeria’s sea of
Marshall Moon is a senior investment advisor and chief equity strategist at financial advising firm Meridian Investment Advisors, based in Little Rock. Whether working one-on-one with clients or overseeing the company’s investment process, Moon relishes the opportunity to blend the art and science of wealth management. He prioritizes providing a healthy and open environment so