WisdomTree Investments, Inc. (NASDAQ:WETF)’s shares gained 1.86% to $21.90.
WisdomTree Investments, Inc. (WETF) declared the hire of Kurt MacAlpine as Executive Vice President-Head of Global Distribution. In a newly created role, Mr. MacAlpine will oversee WisdomTree`s ETP sales and distribution initiatives globally and join WisdomTree`s executive administration team. He joins WisdomTree from McKinsey & Company where he was a Partner and Leader of the North American Asset Administration practice.
As a Partner at McKinsey & Company, Kurt managed global consulting teams in the asset administration and wealth administration industries on topics related to distribution, marketing, product development, international expansion, strategy and M&A. He has extensive experience working with domestic and foreign firms in North America, Asia and Europe. Kurt was also a member of McKinsey`s Global Asset and Wealth Administration Operating Committee.
WisdomTree Investments, Inc., through its auxiliaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes.
At the end of Friday’s trade, Masco Corp (NYSE:MAS)‘s shares surged 1.87% to $23.48.
Masco Corporation (MAS) declared that its Board of Directors declared a quarterly dividend of $.09 per common share, payable on August 10, 2015, to shareholders of record on July 13, 2015.
Headquartered in Taylor, Michigan, Masco Corporation is one of the world’s leading manufacturers of home improvement and building products, in addition to a leading provider of services that comprise the installation of insulation and other building products.
Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. The company’s Cabinets and Related Products segment provides cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and kitchen countertops, and integrated bathroom vanity and countertop solutions. Its Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bathing units, and toilets; acrylic tub and shower systems, bath and shower enclosure units, shower trays, and laundry tubs, in addition to spas; and brass and copper plumbing system components, and other plumbing specialties.
Invesco Ltd. (NYSE:IVZ), ended its Friday’s trading session with 1.29% gain, and closed at $36.93.
Invesco Ltd. (IVZ) declared the closing of a commercial real estate loan investment. IVR offered an about $21 million mezzanine loan secured by a pledge of the equity interests in a luxury Florida hotel asset which will facilitate the recapitalization of the property. The transaction is structured with a floating interest rate and a term of three years, with two one-year extension options.
Commenting on the transaction, Kevin Collins, managing director and head of commercial mortgage credit, said: “This marks IVR’s ninth direct floating rate financing. We look forward to ongoing our search for attractive risk-adjusted unlevered returns in this sector of mortgage market.”
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced and fixed income portfolios.
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