Latest news with #BroadridgeFinancialSolutions
Yahoo
12-06-2025
- Business
- Yahoo
Active ETFs Need $100M First Year for Long-Term Success
Active ETFs that raise more than $100 million in their first year grow to exceed $1 billion, on average, by year three, while funds raising less struggle to reach $200 million, according to a new report from Broadridge Financial Solutions, Inc. (BR). The findings highlight the importance of early momentum in the quickly growing active ETF market. According to Broadridge data, the market has expanded from $81 billion in 2019 to $631 billion in 2024, yet still comprises only 6% of total active assets under management. The research shows that success in active ETFs hinges on first-year asset accumulation, with only 11% of funds reaching the $100 million threshold that correlates with long-term growth, according to the analysis of 814 active ETFs with at least three-year track records. The concentration challenge makes success difficult for new entrants. The top three managers control 48% of active ETF assets, while the top 10 control 77%, according to Broadridge data. "What these market leaders have in common is that they hit the ground running," according to the report. Despite the concentration, levels have declined from 90% in 2019 to 77% in 2024 among the top 10 managers, according to Broadridge data. Active mutual fund concentration remains steady at 56% during the same period, the report noted. The research identifies three strategic approaches for managers seeking to achieve "escape velocity," according to the report. Distribution through registered investment advisor channels proves most accessible for new funds, with RIAs holding 61% of active ETF assets. Broker-dealer and wirehouse channels present higher barriers due to compliance restrictions, according to the report. Most platforms require existing scale before consideration, making RIA channels the primary entry point, the analysis found. Successful managers leverage one of three competitive advantages: specialized investment styles, proprietary distribution channels or strong brand identity, according to the report. JPMorgan Asset Management stands alone in hitting all three categories, accounting for 9% of active ETF assets, the research shows. The focused targeting of high-potential advisors who already use active ETFs improves conversion rates and gross sales, according to Broadridge analysis. High-scoring advisors generated gross sales three times higher than lower-scoring advisors when controlling for engagement numbers, the data revealed. Active ETF adoption varies across distribution channels, with RIA platforms showing 6.8% active ETF penetration compared to 2.9% for wirehouses and 2.5% for broker-dealers, according to the report. However, inflow percentages exceed asset percentages across all channels, suggesting active ETFs are gaining market share, the analysis found. More than half of advisors expect to increase active ETF allocations over the next two years, far surpassing other investment products, according to a Broadridge survey of 400 advisors. Active mutual funds face projected negative 3% organic growth between 2024 and 2027, while active ETFs are expected to grow 24% organically during the same period, the research | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
28-05-2025
- Business
- Finextra
Broadridge and Novisto join forces for sustainability and data management reporting
Broadridge Financial Solutions, Inc. (NYSE: BR) a global Fintech leader, has joined forces with Novisto, a pioneer of enterprise sustainability software, to introduce an advanced sustainability data management and reporting platform for companies worldwide. 0 Servicing clients in over 100 countries, Broadridge is at the forefront of empowering public companies to navigate an increasingly complex reporting landscape through advanced, scalable solutions. This strategic collaboration underscores Broadridge's commitment to delivering innovative technologies that address rising global demand for comprehensive sustainability and non-financial reporting, enabling organizations to meet evolving investor expectations, simplify third-party questionnaires and rating agency requests, optimize supply chain transparency, and enhance stakeholder engagement on a global scale. "With continued focus from investors and regulators globally on sustainable business models, it's imperative that companies implement effective means to capture, analyze, and report on material sustainability data,' said Ryan Wade, General Manager, Broadridge Corporate Issuer. "Broadridge's collaboration with Novisto empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards." Broadridge's corporate issuer division serves over 3,400 public companies in the US alone, providing a broad range of critically important corporate solutions that revolve around shareholder meetings & proxy, corporate governance and sustainability, regulatory filings and disclosure, and stock transfer services. Together, Broadridge and Novisto are delivering a unique market-leading suite of solutions that creates a one-stop shop for sustainability data management, peer benchmarking, and strategic consulting. This true end-to-end offering is designed to simplify the process of collecting, analyzing, auditing, and reporting sustainability data. "We are thrilled to collaborate with Broadridge, a company celebrated for its expertise and steadfast commitment to delivering high-quality corporate issuer solutions," said Charles Assaf, CEO of Novisto. "Novisto's technological prowess in the sustainability reporting space, combined with Broadridge's trusted expertise and transformative data and technology, sets a powerful precedent for streamlining corporate reporting processes." As companies navigate the dual challenges of growth and compliance with increasingly complex global regulations, the need for reliable sustainability data is more critical than ever. In November 2024, the IFRS Foundation reported that globally, '30 jurisdictions are on the journey to introducing ISSB Standards in their legal or regulatory frameworks.' The demand for consistent and standardized reporting continues to grow worldwide, and companies need robust data management platforms to ensure they can meet the enhanced disclosure demands. Broadridge and Novisto are setting a new global benchmark in issuer solutions, ensuring companies remain at the forefront of industry innovation while adeptly meeting the evolving demands of their stakeholders.
Cision Canada
21-05-2025
- Business
- Cision Canada
Canadian Investors Rethink Spending and Investment Decisions Amid Global Trade Wars: New Broadridge Survey Reveals
83% of respondents said they are likely to only purchase Canadian goods and services in the next six months A third (35%) of respondents say they plan to adjust investment portfolios in the next six months, while 34% intend to stay the course and 30% remain unsure Half of respondents reported exploring new investment opportunities over the past six months TORONTO, May 21, 2025 /CNW/ -- Heightened macroeconomic volatility and a global trade war have prompted Canadians to rethink their investment and spending decisions according to the 2025 Canadian Investor Study, a new survey from global technology leader Broadridge Financial Solutions, Inc. (NYSE: BR). The survey found that a majority (83%) of Canadian investors are likely to adjust their purchasing habits to spend more on Canadian-owned goods and services and that one-third (35%) of investors plan to make meaningful changes to their investment portfolios in the next six months. Among generations, half of Gen Z (51%) and Millennial (49%) investors plan to be more proactive in adjusting their portfolios compared to just 15% of Baby Boomers. As public markets remain volatile, half of respondents reported that they have explored new investment vehicles over the past six months, including: digital assets (20%), private markets (19%) and precious metals (18%). However, Canadian investors reported that one of the top challenges are they face when it comes their personal investments are regulatory/taxation barriers across borders (36%), data privacy/cybersecurity (36%), limited access to international markets (31%), highlighting a lack of opportunities for Canadians to broaden their exposure to new investment vehicles given international trading constraints. "Canadians are turning their focus inwards as they adjust their purchasing habits to spend more on Canadian goods and services and rethink their portfolios amid a prolonged state of uncertainty," said Karin Kirkwood, President of Broadridge Canada. "As these investors explore their investment options to futureproof their portfolios, they increasingly expect trusted advice and new investment vehicles from advisors to be supported by modern technology. This presents a clear opportunity for financial institutions to help investors navigate uncertainty and achieve their financial goals through a combined high-tech, high-touch approach." Against the current macroeconomic backdrop, Canadian investors are split on the state of their investments. Just over half (56%) report that they feel positively (somewhat or very) about the outlook of their investments over the next twelve months. Additional key findings Top sources of financial information include financial advisors (44%), friends and family (39%), and news websites/apps (35%). Among Gen Z investors, however, social media (41%) and financial influencers or content creators (29%) are more popular sources than financial advisors (28%). Emerging technologies like GenAI are gaining traction: 18% of Gen Z and 21% of Millennials have used AI-driven platforms to gather investment information Of all investors using Gen AI (12%), the majority (88%) were likely to act on the advice provided. Embracing a hybrid model when it comes to financial advice: Nearly three quarters (74%) of Canadian investors currently work or have worked with a financial advisor, and 60% currently use or have used a do-it-yourself (DIY) investing platform. DIY investing platform usage is highest among Millennial investors (70%). The top concerns impacting Canadian investors' ability to reach their financial goals are the rising cost of living (27%), market volatility and economic uncertainty (18%), and political & regulatory uncertainty (11%). Despite increased demand for a digital-first experience, respondents cited fraud, identity theft, and financial loss due to cyberattacks as top concerns when it comes to data privacy/cybersecurity among financial institutions. At the same time, financial institutions that deliver strong, personalized service stand out. Quick response times, easy-to-navigate platforms and clear communications & customizations were cited by respondents as the definition of superior client experience. To download the full report, please visit here. Survey Methodology This survey presents the findings of a CARAVAN® survey conducted by Big Village Insights among a sample of 1,004 adults, ages 18 and older, who live in Canada and have household investable assets of $100,000 or more. The survey was conducted from March 20 – March 26, 2025. About Broadridge Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work ®, Broadridge is part of the S&P 500 ® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit
Yahoo
20-05-2025
- Business
- Yahoo
Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors
Jersey City, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Christopher J. Perry and Sabra R. Purtill have been elected to the company's Board of Directors, effective immediately. Perry is president of Broadridge Financial Solutions, Inc. (NYSE: BR). Purtill is an experienced executive of insurance and financial services companies, and she currently serves as an advisor at American International Group, Inc. (NYSE: AIG). 'We're pleased to welcome Chris and Sabra to the Board of Directors,' said Bruce Hansen, chair of Verisk's Board of Directors. 'Their extensive experience and insights will be exceptional assets to the board, and we look forward to their contributions.' Lee M. Shavel, president and CEO, Verisk, said: 'Sabra and Chris bring unique perspectives and remarkable leadership experiences that will further our goal of being the leading strategic data, analytics and technology partner to the global insurance industry." Linked here is additional background about Perry and Purtill, including downloadable headshots. About Verisk Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit and the Verisk Newsroom. CONTACT: Media Alberto Canal Verisk Public Relations 201-469-2618 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
FF News
19-05-2025
- Business
- FF News
Booking.com Advances Corporate Payments with Broadridge's Service for Swift SCORE+, Enabling Real-Time Tracking and Efficiency
Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced the successful live implementation of Swift SCORE+ services for achieving a milestone in advancing corporate payment connectivity, transparency, and efficiency. The Broadridge services operate through its established infrastructure that includes frictionless Swift API connectivity and end-to-end transaction lifecycle management. SCORE+ is an evolution of Swift's Standardised Corporate Environment (SCORE), providing corporate institutions with a single Swift network connection for all banking partners. By leveraging richer data coming from the ISO 20022 standards and real-time tracking, SCORE+ provides multinational corporates like with enhanced payment visibility, regulatory compliance, and streamlined financial operations. 'SCORE+ marks the most significant evolution for corporates since Swift first opened the doors to the corporate world in the early 2000s for payments and reporting between corporates and their banks. It allows corporates like to track their significant transaction volume in real time and enhance payment efficiency across its global banking network, all while ensuring compliance with the latest regulatory standards,' said Kai Marzenell, Director, Swift Product Management at Broadridge. 'We're very proud to be enabling the innovation that is helping corporates modernize their payment infrastructure and drive efficiency and simplification in their operations.' Corporates managing multiple banking relationships are facing fragmented payment processes such as logging into various bank portals, dealing with inconsistent formats, and navigating limited transaction visibility. With Broadridge's solution for SCORE+, now benefits from: Single multi-bank connectivity: One Swift-based connection linking to all banking partners for their automated payment flows and eliminating the need for multiple online portals. Real-time payment tracking : End-to-end visibility on both outbound and inbound transactions, reducing delays and operational risk. ISO 20022 compliance: Standardized richer payment data, ensuring regulatory alignment and enabling faster, more transparent transactions. Automated exception handling: Instant alerts on payment failures and the ability to r esolve transaction issues in near time. Real-time visibility towards end-beneficiary credit confirmations and returns timelines. Instant cash reporting (imminent): Real-time financial insights that enhance cash flow and liquidity management, improve decision making, and boost operational efficiency. 'Booking's relationship with Broadridge dates back to almost a decade, starting with leveraging the standardized and secure Swift Gateway, via Broadridge, connecting all the banks across the globe,' said Athresh Sudhindra, Treasury Manager – Banking Technology, 'This is further enhanced with Broadridge's SCORE+ solution, allowing Booking to have near real-time tracking and settlement confirmation of cross-border payments. It has been a great overall experience partnering with Broadridge to improve operational efficiencies and ensuring greater visibility and tracking of cross-border payments.' was a pilot participant in Swift's Corporate Working Group, collaborating with Broadridge and Swift to refine and implement SCORE+ and payment tracking. The company played a key role in testing how the solution enhances cross-border payment standardization and multi-bank transaction tracking. SCORE+ aligns with Swift's Cross-Border Payments and Reporting framework, ensuring corporates move beyond traditional banking to a modern, API-driven payment ecosystem. Broadridge is continuing to work with global enterprises to facilitate a smooth transition to ISO 20022, helping corporates future-proof their payment infrastructure. Companies In This Post Broadridge
