As the hedge fund industry matures, managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to EY’s seventh annual survey of the global hedge fund market, Exploring pathways to growth. However, the survey shows that while managers want to grow their assets under management through new products and distribution channels, investors do not necessarily plan to increase allocations to hedge funds and are not interested in buying multiple products from one manager.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64370-ey-seventh-annual-survey-of-the-global-hedge-fund-market
Remembering those who were lost by helping those in need; that's the meaning behind Charity Day at Cantor Fitzgerald, a leading financial services firm, and its affiliates BGC Partners, Inc. and GFI Group. On September 11, 2018, dozens of celebrities - including President Bill Clinton, Mr. Tony Blair, Common, Saquon Barkley, Alec Baldwin, and more - participated in the firms’ most successful Charity Day event to date, raising more than $12 million in a single day for various charities around the world. Charity Day also kicked off an effort to raise $5 million for Puerto Rico to help families affected by last year’s Hurricanes Maria and Jose to rebuild their homes and their lives.
Each year, Cantor Fitzgerald, BGC Partners and GFI Group donate 100 percent of the global revenues generated on Charity Day to the Cantor Fitzgerald Relief Fund and, to date, have raised approximately $159 million globally since its inception in 2005.
To view the multimedia release go to:
https://www.multivu.com/players/English/8320351-cantor-fitzgerald-2018-charity-day/
Cantor Fitzgerald & Co., a leading global financial services firm, announced today that, together with its affiliate BGC Partners, Inc., raised the same as last year at approximately $12 million for charities around the world, at the companies’ annual Charity Day on Thursday, September 11, 2014. Each year, Cantor Fitzgerald and BGC donate 100% of their global revenues on Charity Day to the Cantor Fitzgerald Relief Fund and dozens of charities around the world.
To view the Multimedia News Release, go http://www.multivu.com/players/English/7286351-cantor-fitzgerald-ny-charity-day-2014/
This Sunday, June 19th, as we celebrate fathers across the nation, new research finds that contemporary norms of fatherhood emphasize men’s involvement with their children in addition to the traditional role of financial provider. Further, the number of hours that fathers work is not strongly related to fathers’ involvement with their children. Rather, “new fathers” appear to be cutting back on, or incorporating their children into, their leisure time.
“Over the past two decades, fathers have become more involved in all aspects of their children’s lives,” says Kenneth Braswell, National Responsible Fatherhood Clearinghouse (NRFC) Director. “Fathers continue to feel strongly about providing for their children while taking a more active role in other key activities such as meal preparation, bathing, and bedtime routines.”
Further, the Pew Research Center notes that six-in-ten Americans (58 percent) say it is “extremely important” for a father to provide values and morals to his children and roughly half say it is extremely important for a dad to provide emotional support (52 percent).
To view the multimedia release go to:
http://www.multivu.com/players/English/7858651-ad-council-nrfc-makeamoment-fatherhood-psa/
Dozens of actors, musicians, sports personalities and other distinguished guests donated their time on September 11th to honor the memories of those who lost their lives on 9/11 by raising more than $12 million for charities around the world. This special event, called Charity Day, is hosted each year by BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners” or “BGC”), a leading global brokerage company servicing the financial and real estate markets, and its affiliates Cantor Fitzgerald and GFI Group. Celebrities who attended the event included Matthew McConaughey, Common, and Liev Schreiber in New York, and Nicole Scherzinger, Tom Hardy and Jimmy Carr in London.
In addition to the millions of dollars raised for many worthy causes, BGC Partners, Cantor Fitzgerald and GFI Group announced they are raising $5 million for the families severely impacted by Hurricanes Maria and Jose in Puerto Rico. These funds will be raised over the next several months and prepaid $1000 American Express® cash cards will be distributed to 5,000 families in January 2019.
To view the multimedia release go to:
https://www.multivu.com/players/English/8320352-bgc-partners-2018-charity-day/
Emmy- and Golden Globe-nominated actress and advocate Kerry Washington has joined with The Allstate Foundation to raise awareness about domestic violence and the critical role that financial abuse plays in domestic violence situations. Washington is serving as the national ambassador for Allstate Foundation Purple Purse, the signature initiative that gets Americans motivated to combat domestic violence.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7253951-allstate-foundation-purple-purse-domestic-violence-awareness/
Some say that when China sneezes the rest of the world catches cold, but the biggest luxury brands are catching on in China, becoming the most exclusive and desirable ones in fashion according to the wealthiest Chinese women. Still, our ranking also reveals a stronger competition that is accentuated by the wealthy customers’ increasingly stronger maturity. This barometer Promise Consulting / BNP Exane classifies the 15 most exclusive and desirable brands in China in the universe of feminine Fashion. This Barometer is conducted amongst the wealthiest Chinese women, and is about the 30 luxury brands in ready-to-wear/handbags/shoes/accessories that have invested the most in communication (source: Industry Interviews, Exane Paribas). Promise and BNP Exane already conducted the same survey amongst French women in May 2015 (http://bit.ly/1ESTZGu).
”This barometer in association with BNP Exane reflects our determination to move closer to the marketing and cross-section financial analysis. Our Monitoring Brand Assets® approach itself features very complementary analyzes with those conducted by BNP Exane’s experts. Hence, the obtained results from our joined barometer are based on two different angles of expertise, marketing and financial, which brings a unique added value to the managers and decision-makers in the Luxury sector. More concretely, our measure of the exclusivity of a brand takes into account the upper and more constant quality of products, the strong and unique valuation of the customer, the brand’s prestige, but also a matchless “savoir-faire” that justifies a very high price premium associated with top luxury. Finally, our measure of desirability synthesizes the dimensions of attractiveness of an intimate, social and symbolic nature, which are the strengths of exclusive brands, and characterize the particular relation that they maintain with their customers. In this respect, our Barometer synthesizes, in two proven scales, the numerous criteria to establish a ranking between the high-end brands from their customer’s point of view", states Pr. Philippe Jourdan, Promise’s CEO.
To view the multimedia release go to:
http://www.multivu.com/players/uk/7727851-exclusivity-desirability-luxury-brands/
Beneful® is demonstrating its passion for dog parks again this year by lending a paw to support more than a dozen communities in their effort to improve or build local dog parks. Through its Beneful Dream Dog Park Project, the Beneful team will provide a mix of financial support, hands-on volunteerism and a variety of new resources to share its dog park expertise available at DreamDogPark.com for fellow dog lovers looking to bring their dog park dreams to life. Beneful is also teaming up with crowdfunding site GoFundMe to encourage more dog lovers to seek and provide financial support for dog park improvement and building projects across the country.
“Beneful has been supporting dog parks since 2010, and in the past six years, we’ve learned a lot about the positive impact dog parks have on communities by experiencing it first-hand with our own four-legged friends,” said Brent Gleckler, Beneful brand director and owner of Louie the Bolognese. “That’s why we’re thrilled to provide continued financial support, grow visibility of dog parks with GoFundMe, and share our expertise through this year’s expanded Dream Dog Park Project.”
To view the multimedia release go to:
http://www.multivu.com/players/English/7836151-beneful-dream-dog-park-project/
World trade in perishable foods turns a page as Maersk Container Industry (MCI), an independent business unit in the Maersk Group conglomerate, today announced that it has begun production of the first refrigerated containers and Star Cool refrigeration machines built in South America at its new MCI facility in San Antonio, Chile.
The first trial production of these ISO standard 40 feet reefer containers were successfully delivered during the third quarter of 2015 into the Maersk Line and CMA CGM operations. Shortly thereafter, both shipping lines placed new orders. To further leverage this new value proposition, Maersk Line has secured a fixed monthly volume from the MCI facility allowing for increased agility and fast response time to the demand in the region.
“In this sweet spot of fruit exporters, we have placed the factory right where the demand is. For the first time ever in South America, reefer containers can go straight “from factory to farm”,” said Stig Hoffmeyer, Chief Executive Officer of MCI. “Offering the Star Cool Integrated reefers locally to shipping lines, farmers, fruit distributors and leasing companies, will have a financial benefit counted in thousands of dollars per reefer, and millions for the industry in total,” he continued.
To view the multimedia release go to:
http://www.multivu.com/players/uk/7688551-maersk-container-industry-factory-chile/
Huawei, a leading global information and communications technology (ICT) solution provider, unveiled its FusionCube for SAP HANA solution for Sinopec at the CeBIT 2015 today.
Sinopec is one of the world's largest integrated energy and chemical Groups, ranking No.3 in Fortune Global 500 in 2014. With continuous expansion of Sinopec's services, the financial report system data rapidly increases. “With the increasing applications in these years, our user base and service plane grow continuously and more and more data needs to be processed. In the era of Big Data, efficiency data processing and analysis was high on the agenda." said Li Jianfeng, Deputy Director of the Information Management Department of Sinopec, "We decided to use SAP Enterprise Data Warehouse (EDW) HANA after comparison. But this technology cannot work without a hardware platform. Finally, we chose Huawei as our long-term partner to test and optimize the platform."
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7479051-huawei-joined-hands-with-SAP/
Dollar Car Rental, the leading family brand in the car rental industry, is rolling out an industry-leading debit card policy making it easier than ever to reserve a car using a debit card. The policy will eliminate credit checks, reduce proof of return travel and ID requirements, while also lowering the renter age restriction from 25 to 20 years old.
Financial expert and debit card advocate, Dave Ramsey, is joining forces with Dollar to help spread the word about the new, more customer-friendly policy, as it is a long-awaited solution that addresses a need he has seen firsthand.
To view the multimedia release go to:
https://www.multivu.com/players/English/8492251-dollar-car-rental-debit-card-policy/
The Cantor Fitzgerald Relief Fund (“Relief Fund”) today announced that it worked with Houston-area school officials to donate prepaid $1,000 American Express® cash cards to the 5,000 families most severely affected by Hurricane Harvey, distributing total of approximately $5 million.
The donation is made possible by the Cantor Fitzgerald Relief Fund as well as by a grant from the firms and partners of Cantor Fitzgerald, Newmark Knight Frank and BGC Partners. With a combined presence of more than 500 employees throughout Texas, the combined companies have 180 employees who volunteered to effectively distribute direct financial aid to deserving families at Houston’s George R. Brown Convention Center on Sunday, February 11 and Monday, February 12.
To make this event a reality, the Relief Fund worked with the office of Houston Mayor Sylvester Turner, along with officials and administrators from 15 Houston-area school districts, covering 200 schools, whose efforts were critical to identifying the 5,000 of the most affected families. In addition to Mayor Turner, Sheila Jackson Lee, U.S. Representative for Texas's 18th congressional district, participated in the event, along with many other local officials and notables.
To view the multimedia release go to:
https://www.multivu.com/players/English/8262751-cantor-fitzgerald-hurricane-relief-fund/
