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Athene Charitable Foundation pledges $1M to Central Iowa Water Trails project


Athene Charitable Foundation pledges $1M to Central Iowa Water Trails project
Tuesday, May 11, 2021 11:09 AM
The Great Outdoors Foundation, the fiscal agent of the Central Iowa Water Trails Consortium, today announced a $1 million commitment from the Athene Charitable Foundation. With this pledge, total private funding raised for the water trails project now stands at just under $25 million. The Central Iowa Water Trails project will connect more than 150 miles of water trails and 86 amenities throughout the region.
With nearly 75% of the capital campaign now complete, Athene’s donation represents a key investment in several water quality and habitat restoration initiatives that are part of the infrastructure and design of the Central Iowa Water Trails, organizers said. Athene’s donation will be used to support water quality efforts at each of the following access points: ....

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HSBC Introduces First Multi-Asset Index Powered by AI and Big Data


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HSBC Introduces First Multi-Asset Index Powered by AI and Big Data
HSBC today announced the launch of the AI Powered Multi Asset Index (AiMAX) family, the first rules-based multi-asset investment strategy to use artificial intelligence (AI) as a method for constructing a diversified growth portfolio.
The introduction of AiMAX follows HSBC’s launch of AiPEX, the world’s first AI-powered stock index family using IBM Watson
TM. Since going live on August 9, 2019, the AiPEX Total Return Index (AIPEXTR) has outperformed the S&P 500 Total Return Index by 4.79 percentage points.
AiMAX was developed in collaboration with EquBot, the first asset manager to develop an AI-based ETF, and utilizes [url= ]IBM+Watson+Discovery[/url] to retrieve and analyze millions of data points, from both traditional sources such as financial statements and non-traditional sources such as social media posts. ....

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Athene, Principal Global Investors among 'Best Places to Work in Money Management'


Athene, Principal Global Investors among ‘Best Places to Work in Money Management’
BY BUSINESS RECORD STAFF
Wednesday, December 16, 2020 10:47 AM
Athene USA, the largest U.S. subsidiary of retirement services company Athene Holding Ltd., has been named to Pensions & Investments magazine s 2020 Best Places to Work in Money Management list. Ranked sixth in the category of firms with more than 1,000 employees, this is the first year Athene has received this national recognition. We are honored to be recognized as one of the Best Places to Work in Money Management, especially during a year that brought unprecedented challenges due to the pandemic, said Kristi Kaye Burma, executive vice president of human resources with Athene USA. Also receiving the award for the ninth consecutive year was Principal Financial Group’s global asset management arm, Principal Global Investors. Principal earned the No. 5 spot in the category of ....

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