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Vinva Investment Management Boosts Stake in Ameriprise Financial
Vinva Investment Management Ltd. has significantly increased its stake in Ameriprise Financial, Inc. by 37.4% in the third quarter, bringing its total holdings to 7,801 shares valued at $3.9 million. This move indicates Vinva’s confidence in Ameriprise’s strong performance, highlighted by a 10.2% revenue increase and an earnings per share beat in its latest quarter. The financial services provider continues to expand its offerings and client base, suggesting ongoing growth potential.