LUXEMBOURG – November 03, 2026 -- Asset managers' profit per unit of assets under management has fallen 19% since 2018 and is projected to drop another 9.1% by 2030, according to PwC's Global Asset Management Infrastructure report. Decisions on what to build, buy or access through partners now shape how firms compete.

DALLAS – November 03, 2026 -- The Highland Opportunities and Income Fund (NYSE: HFRO) declared a regular monthly distribution of $0.0385 per common share, payable on November 30, 2026.

HFRO sets November 23 record date for shareholders

Shareholders of record at the close of business on November 23, 2026, will receive the payment. The closed-end fund declares and pays distributions monthly.

TORONTO – – November 02, 2026 -- TD Global Investment Solutions now operates under the TD Asset Management (TDAM) name, and Epoch Investment Partners, Inc. (TD Epoch) has been renamed TD Asset Management (US) Inc. (TDAM US). The change creates one global brand across the institutional and retail asset management businesses of The Toronto-Dominion Bank.

The rebrand took effect October 30, 2026, and applies across all markets and jurisdictions. Both TD Asset Management Inc. and TDAM US will offer products and services under the TDAM name.

United States – October 31, 2026 -- BlackBird Financial LP returned 62.2% in 2025 with a portfolio of fewer than ten holdings, against a 17.9% gain for the S&P 500, according to the firm's account of its investment approach.

[SOURCE_CITY] – October 31, 2026 -- BlackBird Financial LP returned 62.2% in 2025, more than triple the S&P 500's 17.9% gain, without holding a single AI-related stock, according to the fund.

Global – October 31, 2026 -- BlackBird Financial reports a 62.2% return for 2025, which it attributes to a risk framework built on capital preservation and run by Judah Spinner without reckless leverage or concentrated bets on unproven technologies.

[SOURCE_CITY] – October 31, 2026 -- BlackBird Financial limits its portfolio to fewer than ten holdings, a concentration policy that founder Judah Spinner traces to Warren Buffett's capital allocation approach.

United States – October 31, 2026 -- BlackBird Financial returned 15.7% net of fees in the first half of 2026, beating the S&P 500's 10.2% (dividends included) by 5.5 percentage points, according to a July 30 letter to partners from Judah Spinner, CFA. All figures are as of June 30, 2026.

PHILADELPHIA – October 30, 2026 -- Future Standard, a global alternative asset manager with $94 billion in assets under management, has signed a multiyear partnership with Villanova Athletics that makes it Premier Partner, Official Jersey Patch Partner and Exclusive Asset Management Sponsor.

ATLANTA -- Invesco Ltd. (NYSE: IVZ), which manages US$2.5 trillion in assets as of June 30, 2026, is working with Anthropic to make its portfolio intelligence and practice management data available through Claude for Financial Advisors.