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Beacon to acquire Astor Investment Management with $1bn assets
Beacon to acquire Astor Investment Management with $1bn assets

Yahoo

time3 days ago

  • Business
  • Yahoo

Beacon to acquire Astor Investment Management with $1bn assets

US-based Beacon Capital Management (Beacon) is acquiring Astor Investment Management (Astor), an investment firm managing approximately $1bn in assets. Financial terms of the transaction were not disclosed. This acquisition is expected to close in August 2025. Beacon said the deal strengthens its presence in the risk-managed investment space, adding separately managed accounts (SMAs), unified managed accounts (UMAs), and mutual funds to its platform. The deal also brings Chicago-based Astor's macroeconomic, rules-based risk approach to Beacon's existing suite of data-driven strategies, expanding portfolio construction capabilities for financial advisors and their clients. Beacon Capital Management president Emily Damman said: 'This acquisition is consistent with our ongoing mission to provide financial advisors with sophisticated, diversified investment solutions. 'We continue to evolve our offerings based on the input we directly receive from our trusted advisors. Their perspectives shape our strategic priorities as we invest in building long-term value across every level of the business.' As part of the deal, Jan Eckstein, chief investment officer at Astor, will take on the role of assistant vice president of portfolio design at Beacon. In this capacity, she will contribute to aligning the two firms' rules-based investment frameworks and play a role in developing new portfolio strategies. Eckstein is also set to join Beacon's investment committee, where she will serve alongside Astor CEO Bryan Novak. Novak added: 'We are excited to join forces with Beacon, whose advisor-centric approach and data-driven philosophy closely align with our own. This partnership allows us to continue delivering on our investment philosophy while offering clients and advisors access to even broader resources and support.' Beacon said the acquisition will provide its advisors with access to additional data-driven strategies, diversifying holdings and risk management approaches. The inclusion of macroeconomic, trend-based risk signals will offer a new layer of diversification, creating a smoother client experience across various market environments, it added. Meanwhile, Astor advisors are anticipated to benefit from expanded resources, including enhanced marketing, practice management, sales support, and investment communications, reflecting Beacon's advisor-centric model. Beacon, based in Dayton, Ohio, is a registered investment advisor with over $4bn in assets under management across more than 25,000 client accounts. "Beacon to acquire Astor Investment Management with $1bn assets " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

10 of the best family-friendly spa hotels in Europe
10 of the best family-friendly spa hotels in Europe

Evening Standard

time03-06-2025

  • Evening Standard

10 of the best family-friendly spa hotels in Europe

Elegant, historic and grand, the former home of Lord and Lady Astor feels in parts like a British Versailles – not exactly the kind of place you'd imagine welcomes toddlers with open arms. But Cliveden knows how to keep little ones busy, letting them roam the 152 hectares of grounds, wearing down their energy on walking trails, maze wanders and boat trips along the Thames. Exhausted parents can take turns hiding in the OSKIA spa, where following a swim in the Grade II-listed pool they can collapse onto a warmed water bed for the new Deep Sleep treatment, combining slumber-inducing mists, oils and balms with magnesium and melatonin. Pair it with a zen-inducing sound bath at your peril; you'll emerge so relaxed you won't give a fig what the kiddos get up to among the period furnishings.

2025 MG Astor Launched as Only Sub Rs 12.5 Lakh SUV With 10-Inch Display, Sunroof
2025 MG Astor Launched as Only Sub Rs 12.5 Lakh SUV With 10-Inch Display, Sunroof

NDTV

time31-05-2025

  • Automotive
  • NDTV

2025 MG Astor Launched as Only Sub Rs 12.5 Lakh SUV With 10-Inch Display, Sunroof

JSW MG Motor India has introduced the MY2025 Astor, claiming that it is now the only 1.5-litre mid-size SUV to offer both a 10-inch infotainment screen and a panoramic sunroof within a price range of Rs 12.5 lakh. It is to be noted that the Astor is the flag-bearer of the brand in its segment and competes against the likes of Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, and others. The prices of MY2025 Astor start at Rs 11.30 lakh (ex-showroom) and offer VTi-TECH engine options along with 1.5-litre manual and CVT automatic transmissions. The refreshed model introduces two additional variants, Shine and Select, in addition to the current trims. Also Read: Actress Aakanksha Singh Joins List Of Mahindra XEV 9e Celebrity Owners All Astor variants feature a standard 10-inch infotainment display, while the panoramic sunroof is available starting from the Shine trim. The vehicle claims to be the only automatic SUV with a 1.5-litre engine priced under Rs 15 lakh that includes wireless charging, which is found in the Sharp Pro variant. Furthermore, the Astor provides heated outside rearview mirrors, a feature the company highlights as a first in its segment among internal combustion engine vehicles. In terms of safety, the vehicle includes more than 50 systems and 14 Advanced Driver Assistance Systems. It is equipped with ventilated front seats, wireless compatibility for Android Auto and Apple CarPlay, an auto-dimming interior rearview mirror, and the i-SMART 2.0 connectivity system offering over 80 connected features. The Jio Voice Recognition system enables voice commands for various functions, including weather updates, cricket scores, calculator use, and news. All of this will help the SUV improve its position in the market. Compared to its rivals, the model has been receiving relatively low sales numbers, as the segment is dominated by the Hyundai Creta.

Meet India's Only Mid-Size SUV With Panoramic Sunroof Under Rs 12.5 Lakh - Its Not Creta, Seltos Or Grand Vitara
Meet India's Only Mid-Size SUV With Panoramic Sunroof Under Rs 12.5 Lakh - Its Not Creta, Seltos Or Grand Vitara

India.com

time30-05-2025

  • Automotive
  • India.com

Meet India's Only Mid-Size SUV With Panoramic Sunroof Under Rs 12.5 Lakh - Its Not Creta, Seltos Or Grand Vitara

New Delhi: Hyundai Creta dominates the mid-size SUV segment, which includes models like the Maruti Grand Vitara, Kia Seltos, Honda Elevate, Skoda Kushaq, MG Astor, Volkswagen Taigun, and others. Among them, the MG Astor is the only SUV in this segment to offer both a large 10-inch infotainment display and a panoramic sunroof under Rs 12.5 lakh (ex-showroom), the JSW MG Motor India claims. In an official press release, JSW MG Motor India stated, "The MY2025 Astor 'Blockbuster SUV' is India's only 1.5-litre mid-size SUV to offer a large 10-inch infotainment display and a panoramic sunroof under Rs 12.5 lakh (ex-showroom)." It also added, "The MG Astor is also the only vehicle in the 1.5L Mid-SUV Automatic segment to offer a wireless charging feature under Rs 15 lakh, with its 'Sharp Pro' trim." While the Astor features a 10-inch infotainment display as standard across the lineup, the panoramic sunroof is available from the 'Shine' trim, priced at Rs 12,47,800 (ex-showroom). The full Astor range is priced between Rs 11,29,800 and Rs 17,55,800 (ex-showroom). Though it is among the most feature-rich SUVs in the segment, the Astor has struggled to gain traction and has failed to generate good sales volume so far. It offers over 50 safety features, 14 ADAS (Advanced Driver Assistance Systems) features, and more than 80 connected features. Key Features Include: 6-way power adjustable driver's seat Blind spot detection 360-degree surround view camera Tyre pressure monitoring system Lane change assist Personalised AI assistant Electric parking brake with auto hold 7-inch fully digital instrument cluster 17-inch dual-tone alloy wheels Automatic headlamps Front fog lamps with cornering assist LED taillamps Powertrain Options It gets two engine options: a 1.5-litre naturally aspirated four-cylinder petrol unit producing 110 hp and 144 Nm, and a 1.3-litre, three-cylinder turbo-petrol engine generating 140 hp and 220 Nm. The 1.5-litre unit comes with a 5-speed manual or an 8-speed CVT automatic gearbox, while the 1.3-litre turbo engine is paired with a 6-speed torque converter automatic transmission.

Immersive Sunday dinner of seafood, tableside theatre experience
Immersive Sunday dinner of seafood, tableside theatre experience

The Star

time29-05-2025

  • Entertainment
  • The Star

Immersive Sunday dinner of seafood, tableside theatre experience

The Brasserie's 'Pince, Fins and Chardonnay' dinner offers a luxurious seafood experience. THE Brasserie at The St Regis Kuala Lumpur, a Michelin-selected restaurant, redefines Sunday evenings with 'Pince, Fins and Chardonnay' – a sensorial seafood experience where theatrical tableside rituals meet oceanic opulence and timeless Astor hospitality. Inspired by the opulence of coastal feasts and the House of Astor's signature flair for refined indulgence, this culinary performance beckons guests to indulge in a slow, luxurious dining experience. Set against the warm ambience of The Brasserie's French-inspired interior, each dining element is choreographed to delight the senses and transform a meal into a memory. The evening opens with a signature welcome where guests are greeted with warm focaccia and 'Le Beurre Bordier' brown butter. A delicate amuse-bouche of Scallop Tartare with Oscietra Caviar sets the tone for the dinner ahead. At the heart of the experience is the signature Seafood Tower – a dazzling display of Boston lobster, Alaskan king crab, oysters, tiger prawns, pearl clams and mud crab, served with artisanal sauces. Guests are encouraged to forgo cutlery and enjoy the feast with their hands, echoing the joy and conviviality of a true coastal gathering. After the velvety Lobster Bisque is served in a rustic bread bowl, guests are invited to gather their trays and make their way to the live stations. There, the expert chefs will serve a sumptuous Seafood Casserole, nestled atop creamy pumpkin risotto, heirloom vegetables and a delicate seafood crumble, with each portion crafted to order. For those seeking to elevate their experience further, the wine wagon rolls through the room with curated Chardonnays, thoughtfully selected to complement the briny sweetness of the sea's bounty. To conclude the evening, The Brasserie's famed dessert trolley weaves between tables, presenting a decadent trio of tiramisu, lemon meringue tart and chocolate fudge cake for a sweet and stylish finale. Whether for a romantic evening, a celebration with friends or a luxurious end to the weekend, 'Pince, Fins and Chardonnay' promises an unforgettable culinary escape in the heart of the city. The dinner is served on Sundays from 6pm onwards. It is priced at RM242 nett per adult, or RM316 nett per adult with wine wagon experience. For reservations, call 03-2727 6696, or email

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