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Touchstone Investments Announces Purchase Agreement to Acquire Select Retail Mutual Fund Business Assets from AIG Life & Retirement News provided by Share this article Share this article CINCINNATI, Feb. 8, 2021 /PRNewswire/ -- Touchstone Investments and AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), announced today that Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, has agreed to acquire select assets of AIG Life & Retirement's Retail Mutual Funds business. AIG's Retail Mutual Funds business manages $7.8 billion...

Stocks seen sensitive to inflation, results Business January 24, 2021 Stocks are seen flattish-to-mixed with rollover adjustments mostly keeping gains in check amid fears of an inflationary spike, but strong corporate earnings may give the index a leg to stand on, dealers said. Pakistan Stock Exchange's (PSX) KSE-100 shares dipped 0.12 percent or 62.96 points to close at 45,868 points over the last week, mostly owing to a profit-selling spree in the overbought zone. As of January 21, 2021, the outstanding futures value was recorded at Rs23.5 billion as compared to Rs23.7 billion last week (...

Wall Street Aims To Open Moderately Positive Asian shares finished lower, while European shares are trading mixed. Initial cues from the U.S. Futures Index suggest that Wall Street might open slightly positive. News on the coronavirus front may attract attention on Tuesday, while traders are also likely to keep an eye on reports As of 7.45 am ET, the Dow futures were adding 22.00 points, the S&P 500 futures were progressing 8.75 points and the Nasdaq 100 futures were gaining 68.25 points. The U.S. major Indices finished lower on Monday. The Dow inched up 37.40 points or 0.1 percent to 30,...

To print this article, all you need is to be registered or login on Mondaq.com. On November 30, 2020, ICE Benchmark Administration (“IBA”), the administrator of U.S. Dollar LIBOR (“USD LIBOR”) and other IBORs, lowered the pressure with respect to the upcoming cessation of USD LIBOR. IBA announced that, following a consultation in December and January, (i) it intends to cease publication of 1-week and 2-month USD LIBOR at the end of 2021 and (ii) subject to compliance with applicable regulations, including as to representativeness, it does not intend to cease pu...