Equity value of standalone biz would be US$70–$100 billion, CEO says
Outlook neutral, even as competitive, environmental challenges loom
The funds will close to new investors on Sept. 15
Craig Basinger's team will join Purpose Investments next month
Surplus earnings rose to $935 million before member dividends, up by more than 70% from a year earlier
The asset manager reported US$816 million, or 49 cents per share, in net income
TwinRiver Capital will introduce investment products in the fall
A combination of market gains and net inflows powered asset growth
The payoff from tougher climate disclosure outweighs the costs, a report said
The move will officially retire CI’s legacy boutique investment brands