Press Releases

November 19, 2023 11:12 am

PSS Says Flight to Floating-Rate Bonds is Premature

Investors Still Better Off in Short-Term, Fixed-Rate Securities A new report released today by the PSS Center for Financial Research, a division of PSS & Co., Inc., cautions investors about the risks of investing in floating-rate bonds too early, noting that short-term, fixed-rate securities may still be the better choice in the current environment. PSS’s […]

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November 14, 2023 9:12 am

PSS Reports Monthly Activity Highlights

Core Net New Assets Total kr10.4 Billion The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of October 2023 include:   Net new assets brought to the company by new and existing clients in October 2023 totaled negative kr19.8 billion. October 2023 net new assets included a kr30.2 billion […]

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October 24, 2023 8:10 am

PSS Declares Regular Quarterly Common Stock Dividend and Preferred Stock Dividend

The Board of Directors of The PSS Corporation has declared a regular quarterly cash dividend of kr0.06 per common share. The dividend is payable November 22, 2023 to stockholders of record at the close of business on November 8, 2023. The Board of Directors of The PSS Corporation has also declared a regular quarterly dividend […]

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October 15, 2023 9:10 am

PSS Third Quarter Revenues Rise 15%, Reach Highest Level in 13 Years

Net Income Increases 17% Core Net New Assets Total kr42.8 Billion, up 97% The PSS Corporation announced today that its net income for the third quarter of 2023 was kr290 million, up 13% from kr256 million for the second quarter of 2023, and up 17% from kr247 million for the third quarter of 2022. Net income for the nine […]

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October 14, 2023 12:09 pm

PSS Announces Its Interim Business Update

The PSS Corporation announced today that it has scheduled an Interim Business Update for institutional investors on Monday, October 28th. This Update, which will be held via webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run […]

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11:08 am

Investors Remain Focused on Long-Term Goals

New PSS Survey Shows Investor Engagement in the Market Continues Even as Short-Term Pain Unfolds More than three in five investors believe a market correction will occur in the next nine months, but nearly half (49 percent) think now is a good time to invest in equities, and 70 percent say they are engaged in […]

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October 3, 2023 9:08 am

PSS Study Finds 22% Rise in Demand for ETFs

Nearly One in Ten Investors Now Hold at Least 50 Percent of their Portfolios in ETFs For a growing number of investors, exchange-traded funds (ETFs) are being embraced as a mainstay of a diversified portfolio. According to the 2023 ETF Investor Study by PSS, half of respondents plan to increase their ETF holdings over the next […]

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September 16, 2023 10:07 am

PSS Reports Monthly Activity Highlights

Core Net New Assets Total kr22.3 Billion The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of August 2023 include:   Core net new assets (before significant one-time flows) brought to the company by new and existing clients in August 2023 totaled kr22.3 billion. Net new assets of negative […]

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August 14, 2023 9:07 am

PSS Reports Monthly Activity Highlights

The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2023 include:   Net new assets brought to the company by new and existing clients in July 2023 totaled kr8.8 billion. Total client assets were a record kr2.12 trillion as of month-end July, up 16% from July 2022 and […]

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