Tagged: asset management

June 28, 2024 @ 6:48 pm By Omar Faridi  |  

Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the “largest” digital assets and blockchain investment managers, and State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced they are collaborating to bring investors… Read More

May 23, 2024 @ 11:26 pm By Omar Faridi  |  

The release of Deloitte Private’s inaugural Family Office Insights Series – Global Edition reveals The Top 10 Family Office Trends of 2024, which covers investing, risk management, hiring, sustainability, succession planning, cybersecurity, digital transformation, and more. Deloitte Global surveyed 354 single family offices “from around… Read More

May 9, 2024 @ 2:59 pm By Omar Faridi  |  

Fasanara Capital Ltd, a global asset manager with around $4 billion in AUM and a market leader in the fintech lending space, is pleased to announce a $100 million credit facility to Mexican credit card lender, Plata. Plata aims to transform the financial ecosystem for… Read More

April 21, 2024 @ 12:07 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that its affiliate, Galaxy Asset Management, (GAM), reported preliminary assets under management of $7.8 billion as of March 31, 2024. The 23.3% decrease in preliminary AUM “compared to the prior month was primarily driven by the liquidation of… Read More

March 29, 2024 @ 10:36 am By Michael Wong  |  

Blockhouse Digital, an asset management firm focused on collateralized lending and yield-generating strategies within the cryptocurrency markets, has announced the successful closure of its $2 million seed GP funding round. This financial milestone was achieved with contributions from strategic partners, notably including its institutional OTC… Read More

March 24, 2024 @ 5:42 pm By Omar Faridi  |  

Zurich Insurance Group has announced the launch of its first European Long-Term Investment Fund (ELTIF 2.01), aimed at providing individual investors and life insurance customers with access to opportunities in the asset class of private debt, “traditionally only available to professional investors.” The Fund is… Read More

March 23, 2024 @ 3:39 pm By Omar Faridi  |  

DBS Bank, together with J.P. Morgan Asset Management (JPMAM), has debuted Asia’s first global investment portfolio that not only automatically calibrates its asset allocation to an individual’s life stage and retirement timeline (also known as a “glidepath”), but also allows investors to automate their drawdowns… Read More

December 30, 2023 @ 3:06 pm By Omar Faridi  |  

BridgeFT, an API-first, cloud-native wealth infrastructure software company that enables financial institutions, Fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced that the total assets under management powered by BridgeFT’s WealthTech API across its client network grew by “more… Read More

December 23, 2023 @ 12:19 pm By Omar Faridi  |  

Sygnum Bank has announced a strategic partnership with Aquila GVM Consulting SA, an independent wealth management firm in Lugano with traditional asset management expertise. Aquila GVM Consulting will reportedly “leverage Sygnum’s crypto-native all-in-one digital asset banking services.” By working with Sygnum, Aquila GVM Consulting is… Read More

December 10, 2023 @ 6:28 pm By Omar Faridi  |  

Sagard, a global multi-strategy alternative asset management firm with over US$15B in assets under management, signed a definitive agreement to acquire a strategic stake in Performance Equity Management (PEM), a private equity firm “with over $8.9B in assets under management and two decades of demonstrated… Read More

November 18, 2023 @ 7:11 am By Omar Faridi  |  

Bybit, which claims to be one of the most visited crypto exchanges, is pleased to announce the launch of its dedicated Broker Program, “welcoming white-label exchanges, asset management platforms, trading terminals, trading platforms, strategy aggregators, and trading firms seeking to dive into the world of… Read More

October 31, 2023 @ 10:19 am By Omar Faridi  |  

James Butterfill from CoinShares notes that rising optimism has “prompted largest inflows for 1 & ½ years at $326 million.” The team at CoinShares notes in their weekly update that digital asset investment products reportedly “saw inflows of US$326m, the largest single week of inflows… Read More

October 20, 2023 @ 5:46 pm By Omar Faridi  |  

Onramp, a Bitcoin asset-management platform, announces its official launch, marking a “step-function” improvement in bitcoin custody. Onramp’s approach to bitcoin custody, product offerings, and research and education aims to establish “a new industry standard for sophisticated investors.” As noted in an update shared with CI,… Read More

October 19, 2023 @ 11:50 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announced that Generali Investments Holding – holding company of Generali Investments’ ecosystem of asset management firms, with more than €504bn in assets under management (AUM) – is… Read More

October 17, 2023 @ 9:32 pm By Omar Faridi  |  

Digital asset investment products saw inflows for the 3rd consecutive week totaling US $15m, although trading volumes remain 27% below the 2023 average, according to an update from CoinShares. CoinShares also revealed in its report that Bitcoin saw $16 million inflows last week, “bringing the… Read More

October 13, 2023 @ 11:17 am By Michael Wong  |  

Global cryptocurrency exchange BingX has announced the launch of BingX Wealth, its latest suite of financial products tailored for asset management. This new endeavor by BingX seeks to address a broad spectrum of users’ asset management needs, enhancing their platform’s user experience and diversifying strategies…. Read More

October 10, 2023 @ 8:58 am By Omar Faridi  |  

Oil prices surged by 5% following Hamas’ unexpected attack on Israel over the weekend, but investors need to avoid “knee-jerk reactions,” warns the CEO of an independent financial advisory, asset management and fintech organization. The warning from Nigel Green of deVere Group comes “as global… Read More

October 3, 2023 @ 8:18 am By Omar Faridi  |  

Recent US government quagmire and treasure prices have reportedly helped with fueling inflows of $21 million, according to an update from digital asset firm CoinShares (Nasdaq Stockholm: CS) CoinShares reports that digital asset investment products “saw inflows last week for the first time in 6… Read More

September 21, 2023 @ 3:22 pm By Omar Faridi  |  

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced the launch of a solution that aggregates new bond deal data for asset managers, accelerates investment decision making and streamlines how they request and receive allocations. In primary markets for corporate bonds,… Read More

September 21, 2023 @ 12:23 pm By Omar Faridi  |  

Fasanara Capital, the institutional asset manager, and Allianz Trade, the trade credit insurer, are joining forces to provide up to a $1bn financing boost to the fast-growing global B2B e-commerce sector. Fintech investors are seeking out investment opportunities “in and returns from businesses that are… Read More