Financial Services Companies Announce Acquisitions, Fee Reductions, Expos, Notes Offerings and Dividends - Research Report on Gallagher, PHH, SEI, Virtus Investment Partners, and The Standard

NEW YORK, August 30, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Arthur J. Gallagher & Co. (NYSE: AJG), PHH Corporation (NYSE: PHH), SEI Investments Co. (NASDAQ: SEIC), Virtus Investment Partners, Inc. (NASDAQ: VRTS), and StanCorp Financial Group Inc. (NYSE: SFG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Arthur J. Gallagher & Co. Research Report

On August 26, 2013, Arthur J. Gallagher & Co. (Gallagher) announced that it has acquired Dickinson & Associates, Inc. in Ottawa, Ontario. According to Gallagher, David Dickinson and his team from Dickinson & Associates, an employee benefits insurance broker and consultant, will continue to operate from their Ottawa location post the acquisition, under the direction of William Ziebell, Gallagher's Canadian employee benefit brokerage and consulting leader. J. Patrick Gallagher, Jr., Chairman, President and CEO of Gallagher said, "Dickinson is good example of our merger partner of choice. Not only do they have a sales culture that matches ours, they are also well known for their benefits expertise and their ability to anticipate and provide benefit solutions for their clients' evolving business needs. In addition, their Canadian presence and solid industry relationships will be a terrific complement to our growing employee benefits brokerage and consulting operation." Gallagher did not disclose the terms of the transaction. The Full Research Report on Arthur J Gallagher & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/AJG]

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PHH Corporation Research Report

On August 20, 2013, PHH Corporation (PHH) announced that is has closed its previously announced offering of 6.38% Senior Notes due 2021 with $350 million as aggregate principal amount. PHH stated that it will use the net proceeds of the offering of the 2021 notes, together with available cash, to repurchase up to $350 million outstanding aggregate principal amount of its 9.25% Senior Notes due 2016. According to PHH, it is extending the total consideration to any holders of the 2016 notes who validly tender their 2016 notes on September 3, 2013, at or prior 11:59 p.m. New York Time. PHH also stated that J.P. Morgan Securities LLC, RBS Securities Inc., BofA Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC and Wells Fargo Securities, LLC acted as joint book-running managers for the offering of the 2021 notes. The Full Research Report on PHH Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/PHH]

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SEI Investments Co. Research Report

On August 27, 2013, SEI Investments Co. (SEI) announced that post its announcement on the SEI seven goals-based Strategic Portfolios crossing £1 billion in assets, it is reducing the total fund fees of its clean share class of several funds by 5-10 basis points each to align the fee with SEI's bundles share class. Kevin Addison, SEI's Head of European Asset Management Distribution stated, "While we have offered a clean share class since the SEI Strategic Portfolios launched in 2009, for legacy reasons the prices of some of the funds were slightly out of alignment with their bundled equivalents. As a company committed to ensuring that all investors receive the best possible price, regardless of share class, we are pleased to adjust these fees appropriately." The Full Research Report on SEI Investments Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/SEIC]

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Virtus Investment Partners, Inc. Research Report

On August 27, 2013, Virtus Investment Partners, Inc. (Virtus Investment Partners) announced that Virtus Global Multi-Sector Income Fund declared a dividend of $0.12 payable on September 20, 2013, to shareholders of record as of September 13, 2013. According to the Company, The Virtus Global Multi-Sector Income Fund, which is managed by Newfleet Asset Management, LLC (an affiliated manager of Virtus Investment Partners) aims to maximize current income while preserving capital by giving investors an opportunity to benefit from widely diversified holdings across the major domestic and international fixed-income sectors. The Full Research Report on Virtus Investment Partners, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/VRTS]

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StanCorp Financial Group Inc. Research Report

On August 22, 2013, StanCorp Financial Group Inc. (The Standard) announced that on September 12, 2013, The Standard's Volunteer Expo will be organized at Fountain Square in downtown Cincinnati for the third consecutive year. According to the Company, it will be one of the largest volunteer expos in Ohio, and will bring more than 40 nonprofits together so that attendees can find service and donation opportunities that match their skills and interests. Greg Ness, Chairman, President and CEO of The Standard commented, "Hosting three consecutive years of the Volunteer Expo at Fountain Square has been an incredible experience for The Standard and our employees. Nonprofits have an invaluable impact on our community, and the connections made at this event allow under-funded organizations to provide programs and services that might otherwise have to be reduced or eliminated." The Full Research Report on StanCorp Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/SFG]

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