Latest news with #DimensionalFundAdvisors
Bloomberg
3 days ago
- Business
- Bloomberg
High-Yield Bonds Have Outshone Private Debt, Says Dimensional
When direct lenders pitch private credit to pension funds and insurance firms, many tout its ability to beat public debt returns. But Dimensional Fund Advisors isn't buying it. 'There is no outperformance relative to high-yield bonds,' said Savina Rizova, Dimensional's co-chief investment officer and global head of research, speaking about private credit on the Bloomberg Intelligence Credit Edge podcast. The Austin-based firm, with almost $800 billion in assets under management, often uses academic research to guide its investment strategy.
Yahoo
26-05-2025
- Business
- Yahoo
Dimensional Fund Advisors Ltd. : Form 8.3 - BAKKAVOR GROUP PLC
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors ('Dimensional'). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3. (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Bakkavor Group PLC (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to the disclosure 23 May 2025 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?If it is a cash offer or possible cash offer, state 'N/A' YESGreencore Group PLC 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 2p ordinary (GB00BF8J3Z99) Interests Short Positions Number % Number % (1) Relevant securities owned and/or controlled: 6,541,150 1.13 % (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: Total 6,541,150 * 1.13 % * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 23,963 shares that are included in the total above. All interests and all short positions should be of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors' and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit 2p ordinary (GB00BF8J3Z99) Sale 4,403 2.0823 GBP There was a Transfer Out of 73,042 shares of 2p ordinary (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state 'none' None (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure 27 May 2025 Contact name Thomas Hone Telephone number +44 20 3033 3419 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at
Yahoo
20-05-2025
- Business
- Yahoo
Dimensional's New ETF Exec Set to Lead Europe Entry
Dimensional Fund Advisors has hired Andreas Constantoulakis as head of ETF capital markets EMEA from UBS Asset Management in a key appointment ahead of its entry into European ETFs. Moving from Zurich to London, Constantoulakis will spearhead the launch of the firm's UCITS ETF offering and will work closely with the broker-dealer community to ensure Dimensional's European ETFs trade efficiently in primary and secondary markets. Constantoulakis previously spent four-and-a-half years as head of ETF capital markets at Credit Suisse Asset Management prior to its acquisition by UBS, where he moved to another capital markets role last September. Prior to this, he held ETF trading roles at Macquarie, ConvergEx, and Societe Generale, as well as equity dealing positions at State Street Global Advisors, Salomon Brothers, and Dresdner Kleinwort Wasserstein. Dimensional already operated 243 mutual fund share classes in Europe as of the first quarter of this year. However, its low-fee offering of quantitative investing and actively managed funds has seen it surge to among the largest issuers of active ETFs within years of entering the market in the U.S. The firm has a U.S.-listed ETF range comprised of 40 products housing around $200 billion in assets under management (AUM). Among these is the $33 billion Dimensional U.S. Core Equity 2 ETF (DFAC), an actively managed strategy boasting a modest total expense ratio (TER) of 0.17%. Its main rival in the space, J.P. Morgan Asset Management, currently enjoys a dominant position within Europe's nascent active ETF market, with its $31 billion of active UCITS ETF AUM at the end of 2024 equivalent to a 56.9% market share, according to data from ETFbook. Dimensional's upcoming entry into European ETFs comes after fellow U.S. asset manager Janus Henderson acquired Tabula Investment Managers to enter the market last May. It also coincides with Boston-based manager Columbia Threadneedle announcing it would launch a debut quartet of active UCITS ETFs later this year. This article was originally published at sister publication ETF | © 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
Business Times
12-05-2025
- Business
- Business Times
WealthBT: Navigating tariff-based market volatility
Tariffs and how they might impact your investment strategy is top of mind for many investors. In the latest episode of WealthBT by The Business Times, host Genevieve Cua, dives into the complexities of market fluctuations and investment strategies with Dr Wei Dai, head of research and vice president at Dimensional Fund Advisors. Market volatility and investment strategies The episode kicks off with Cua asking a critical question: 'Did you hold your nerve when markets fell sharply?' The context is the steep tariffs announced by the Trump Administration that had subsequent impacts on the financial markets. Dr Dai highlights the importance of not using market downturns as a reason to make hasty investment decisions. Dr Dai further explains the role of market prices in the financial ecosystem. She states that market prices are forward-looking and already incorporate expectations about future economic conditions. The historical data supports this approach and she expands on this, sharing immensely useful information in the podcast to drive home this point. Understanding volatility Market volatility is a recurring theme in this episode. Dr Dai emphasises that volatility is not inherently negative. Instead, it's a sign of a well-functioning market that is adjusting to new information. Increased volatility often comes with higher trading volumes and wider bid-offer spreads. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Cua and Dr Dai also discuss the pitfalls of over-concentration in US assets. Given the unpredictable nature of market performance, Dr Dai shares her recommendations for a globally diversified portfolio. Long-term investment mindset A key takeaway from this episode is the importance of maintaining a long-term investment mindset. Dr Dai points out that while equity markets have historically returned about 10 per cent annualised, this figure is achieved through navigating both bear and bull markets. When it comes to asset allocation, Dr Dai suggests that investors should have a well-thought-out plan that reflects their risk tolerance. Any adjustments should be permanent and not based on short-term market movements. This highlights the importance of working with financial advisors who can help create a tailored financial plan. Listen now for key strategic investments insights from Dr Wei Dai for a well-diversified portfolio that can mitigate risks and provide long-term benefits. WealthBT is a podcast of BT Correspondents. Look out for the next episode featuring correspondent Derryn Wong, and if you have any thoughts or questions, feel free to reach out to us at btpodcasts@ --- Written and hosted by: Genevieve Cua (gen@ With Dr Wei Dai, head of research and vice president, Dimensional Fund Advisors Edited by: Emily Liu & Claressa Monteiro Produced by: Genevieve Cua, Emily Liu & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow BT Correspondents: Channel: Amazon: Apple Podcasts: Spotify: YouTube Music: Website: Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party's products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: BT Podcasts: BT Market Focus: BT Branded Podcasts: BT Lens On:
Yahoo
12-05-2025
- Business
- Yahoo
Dimensional Fund Advisors Ltd. : Form 8.3 - ASSURA PLC
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors ('Dimensional'). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3. (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Assura PLC (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to the disclosure 09 May 2025 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?If it is a cash offer or possible cash offer, state 'N/A' YESPrimary Health Properties PLC 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 10p ordinary (GB00BVGBWW93) Interests Short Positions Number % Number % (1) Relevant securities owned and/or controlled: 35,330,544 1.09 % (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: Total 35,330,544 * 1.09 % * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 133,926 shares that are included in the total above. All interests and all short positions should be of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors' and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit 10p ordinary (GB00BVGBWW93) Sale 140,677 .4876 GBP There was a Transfer In of 1,576 shares of 10p ordinary (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state 'none' None (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure 12 May 2025 Contact name Thomas Hone Telephone number +44 20 3033 3419 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at 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
