AI in asset management market to reach USD 21.82 billion by 2030, says report
Integrating AI into asset management solutions has enhanced operational efficiency, accuracy, and real-time monitoring capabilities, especially in fraud detection...
Category : Asset Management
Wealth funds, central banks turn to energy assets amid geopolitical volatility
An Invesco survey showed financial entities focusing on diversification and investment portfolios that can 'take a hit and still hold it together'...
Morningstar, Wall Street biggies to develop public/private model portfolios
Morningstar's portfolios will be constructed with ETFs and interval funds to make private markets usable in individual investor portfolios...
All you need to know about RBC’s “BlueBay Enhanced Income Fund”
The fund will be managed by portfolio managers Mark Shohet, Ajeet Atwal and Sid Chhabra of BlueBay's Securitized Credit and CLO Management team...
Blackstone raises USD 13.1 billion for its Asia fund, exceeds target
Blackstone, while targeting USD 10 billion for the Blackstone Capital Partners Asia III, raised more than double the amount of its previous investment vehicle...
Semiconductor powerhouse Taiwan now eyes asset management expansion
Taiwan currently has eight asset managers with more than one trillion New Taiwan dollars' worth of assets under management...
BlackRock, State Street join Wall Street’s tokenisation race
State Street's tokenised cash-management product will allow stablecoin holders to sweep their assets into an on-chain, yield-bearing asset...
Zayo issues USD 2.37 billion asset-backed term notes
Investor appetite was strong, with the bonds priced at a weighted average rate of 6.5%, which is a sign that markets trust Zayo’s assets as solid collateral...
Citi taps wealthtech firm Advyzon for global UMA program
Advyzon's program will consolidate Citi Wealth's existing investment products, ETFs and mutual funds into a single account structure...
Asset manager BlackRock sees profit rise, stock value remains a worry
BlackRock reported a net profit of USD 2.21 billion for the quarter. Its adjusted earnings were USD 12.53 a share, topping analysts' expectations by 99 cents...