Finance, Banking & Insurance

HONG KONG -- September 01, 2026 -- Fosun International reported a 160.3% year-on-year surge in first-half profit attributable to owners of the parent to RMB1.72 billion, the conglomerate said at an interim results presentation held in Hong Kong on Aug. 28. Total revenue for the six-month period reached RMB86.96 billion, with overseas markets contributing RMB49.16 billion, or 56.5% of the total. The briefing marked Fosun's first in-person results presentation in Hong Kong in six years, attended by Chairman Guo Guangchang, Co-Chairman Wang Qunbin, Co-CEOs Chen Qiyu and Xu Xiaoliang, and CFO Gong Ping.

Four Core Units Generate 73.5% of Group Revenue

Fosun Pharma, Yuyuan, Portuguese insurer Fidelidade, and the group's tourism segment together accounted for 73.5% of total revenue in the first half, the company disclosed. Pharmaceutical and insurance operations delivered the strongest performance among the four units.

MOUNTAINSIDE, N.J. -- September 01, 2026 -- Yorkville America Equities, LLC launched the Yorkville America MANGOS Plus Index ETF, trading under ticker FRUT on NYSE Arca and NYSE Texas, the firm announced Aug. 31, 2026. The fund combines six AI platform companies with seven hardware and infrastructure suppliers inside a single rules-based index, charging a 0.50% expense ratio with quarterly distributions. Tidal Investments, LLC serves as sub-adviser, and PINE Distributors LLC acts as distributor.

FRUT commits 80% of assets to twelve named AI companies

At least 80% of the fund's net assets go toward what Yorkville America calls the MANGO Plus Group: Meta Platforms, NVIDIA, Alphabet, SpaceX, OpenAI and Anthropic, plus SanDisk, Marvell, Micron, Intel, Dell, AMD and Broadcom. Exposure comes through direct holdings, private securities or total return swaps, with direct private-security holdings capped at 5% of net assets.

NEW YORK -- September 01, 2026 -- Oppenheimer & Co. Inc. hired Joel Berry II as a Financial Advisor to its Robinson Private Client Group in Winston-Salem, North Carolina, the firm announced on Aug. 31, 2026. Berry arrives from Truist Financial to expand the team's advisory work with current and former athletes navigating Name, Image and Likeness deals and revenue-sharing arrangements. The Robinson Private Client Group, led by Managing Director Tanner G. Robinson, oversaw more than $6 billion in client assets as of June 30, 2026.

SHERIDAN, WYOMING -- August 30, 2026 -- Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) will pay shareholders a monthly distribution of $0.1650 per share on August 30, 2026, funded entirely by net realized long-term capital gains, according to a Section 19(a) notice released by Cohen & Steers, Inc. on August 28. The New York-based fund reported zero contribution from net investment income, short-term gains, or return of capital for the August payment. Year-to-date through August 31, the fund has distributed $1.2900 per share, with $0.7259 (56.27%) sourced from long-term capital gains and $0.5641 (43.73%) from net investment income.

SHERIDAN, WYOMING -- August 30, 2026 -- First Horizon Corporation (NYSE: FHN) said Executive Vice President and Operations Executive Amy Perry has been named a 2026 Woman of Impact by the Mid-South Chapter of the American Heart Association and its Go Red for Women initiative. The Memphis-based bank confirmed the recognition on August 30, 2026, tying it to a fundraising campaign that pulled in a record $260,000 this year. Perry was one of 11 women selected for the sixth annual campaign, which channels donations toward heart disease and stroke prevention programs across the Memphis community.

SHERIDAN, WYOMING -- August 30, 2026 -- Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) will pay shareholders a monthly distribution of $0.0870 per common share on August 30, 2026, funded entirely by net investment income and realized capital gains, according to a Section 19(a) notice the company issued August 28. None of the payout came from return of capital, the notice showed. The disclosure covers the fund's fiscal year-to-date distributions through August 31, which total $0.6960 per share.

The August payment breaks down as $0.0342 per share, or 39.31%, from net investment income and $0.0528 per share, or 60.69%, from net realized long-term capital gains. No portion came from short-term gains or return of capital. Year-to-date, net investment income accounts for $0.2481 per share (35.65% of total distributions) while long-term gains make up $0.4479 per share (64.35%), with return of capital again at zero.

SHERIDAN, WYOMING - May 15, 2026 - insureNXT is preparing for its largest edition to date, with more than 230 exhibitors and partners confirmed for the 2026 event in Cologne. The international insurance innovation conference and trade fair is positioning itself as a growing operational and strategic meeting point for insurers, InsurTechs, technology providers, and cross-sector partners focused on transformation initiatives. Organizers also confirmed the finalists for the insureNXT Innovators Award 2026, which this year is centered entirely on artificial intelligence applications for the insurance sector. The combination of expanded exhibitor participation and AI-focused programming highlights increasing industry attention on automation, operational efficiency, and new customer service models.

SHERIDAN, WYOMING - April 14, 2026 - Halcyon, a U.S.-based financial technology provider, has positioned its True Solutions Suite as a comprehensive compliance and verification platform for lenders, banks, credit unions, and tax preparation firms. The suite combines direct IRS data access, AI-driven workflow automation, and real-time identity verification to reduce loan rejections, prevent investor buybacks, and maintain regulatory compliance from application to close. The platform addresses a financial services market in which synthetic identity fraud costs U.S. banks an estimated $3.2 billion annually, and where FinCEN's 2024 advisory is tightening detection obligations across participating institutions.

SHERIDAN, WYOMING - April 14, 2026 - Hale Capital Management has closed Fund V, lifting total assets under management to $334 million and cementing its strategy of partnering with management teams to build and reinvent lower-middle-market national security and technology businesses. The close arrives alongside a cluster of portfolio transactions spanning defense software, real estate data analytics, critical infrastructure security, and AI-driven insurance risk management. Together, the developments position Hale Capital as an increasingly active participant across restructuring, growth equity, and structured debt in government-adjacent technology markets. Recent liquidity events and new platform acquisitions underscore how the firm is deploying capital ahead of and alongside Fund V.

SHERIDAN, WYOMING - April 14, 2026 - VantagePoint Software operates an artificial intelligence trading platform that the company states is trusted by more than 32,000 traders globally. The platform is built on patented AI technology and centers its market positioning on predictive forecasting accuracy, citing a stated rate of up to 87.4%. For trading professionals, fund operators, and institutional buyers evaluating analytical decision-support tools, the combination of a disclosed user base and a patent-protected methodology provides concrete reference points in a segment where differentiated performance claims are common but verifiable credentials are comparatively rare.