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MetLife Investment Management To Buy Affirmative Investment Management For Undisclosed Terms
(RTTNews) - MetLife Investment Management or MIM, the institutional asset management business of MetLife, Inc. (MET), announced Monday that it has entered into a definitive agreement to acquire Affirmative Investment Management or AIM, a specialist global ESG impact fixed income investment manager with deep capabilities in impact investing, verification, reporting and engagement.
As of June 30, 2022, AIM's assets under management were $1.01 billion. The acquisition is subject to customary closing conditions, including regulatory approval.
The acquisition will advance MIM's ESG investment and reporting capabilities as it seeks to deliver client solutions and long-term risk adjusted returns.
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MetLife Inks $19.2 Bln Risk Transfer Deal With Global Atlantic; Approves $1 Bln Share Buyback
MetLife, Inc. (MET) announced Thursday it has entered into an agreement with Global Atlantic Financial Group, a retirement and life insurance company, to reinsure approximately $19.2 billion U.S. retail life insurance and fixed annuity statutory reserves with Global Atlantic, including $14 billion of U.S. retail life insurance.
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775 days ago
U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB
Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.
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2h 19min ago
Sensex, Nifty End Modestly Higher As Trump Extends Trade Deal Deadline
Indian shares eked out modest gains on Tuesday as U.S. President Donald Trump delayed imposing higher tariffs on U.S imports and indicated he would make further climbdowns on tariffs.
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2h 37min ago
UK Stocks Turning In Mixed Performance In Cautious Trade
U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
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2h 56min ago
CAC 40 Slightly Lower In Lackluster Trade
French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
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3h 43min ago
Australia Central Bank Unexpectedly Maintains Status Quo
The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
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3h 54min ago
European Shares Little Changed As Investors Assess Trump's Tariff Plans
European shares were little changed on Tuesday as investors weighed U.S. President Donald Trump's tariff plans and global growth risks.
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4h 6min ago
Asian Shares Climb As Investors Brush Off Trump's Tariff Threats
Asian stocks ended mostly higher on Tuesday as U.S. President Donald Trump gave an additional three-week grace period for tariff negotiations after unveiling new tariff rates for 14 trading partners.
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4h 23min ago
