Asset Management

63 articles tagged with this keyword

/inclusion

UK fintech Tide reaches unicorn status

A $120m investment led by asset manager TPG has seen the valuation of Tide, the UK-based business management platform, reach $1.5bn

/wealth

The Children’s ISA migrates 126,000 accounts from Embark to Quai Digital, powered by WealthOS

The Children’s ISA (TCI) has completed the mass migration of 126,000 ISA and Junior ISA accounts from Embark to Quai Digital within seven months.

/wealth

BlackRock to manage $80 billion in assets for Citi Wealth

Citi has signed an agreement with BlackRock to manage $80 billion in assets for Citi Wealth clients managed by Citi Investment Management (CIM).

/crypto

CFTC reiterates support for crypto asset trading facilitation in US

While this news primarily reiterates existing policy, the reminder signals that the CFTC is increasingly receptive to offshore exchanges that operate in jurisdictions that the US considers as having 'credible' regulatory frameworks.

/regulation

FCA’s targeted support proposal sparks debate on advice boundaries and consumer access

The UK's Financial Conduct Authority (FCA) has released rules for targeted support, which would allow organisations to provide guidance to specific consumers on financial products that would best suit them.

/crypto

Citi explores stablecoin payments

The law passed by Congress in the US has opened up the potential of crypto payments, spurring Citigroup to explore custody and payment services for stablecoin.

/wealth

UK retail investors favour index trackers - Investment Association

Investment Association (IA) data reveals that index trackers attracted £1.1 billion in inflows in June 2025 marking a strong continuation of momentum for passive investing, particularly in equity exposures across Europe and North America.

/security

Nato nations to launch Defence, Security and Resilience Bank

Following a recent commitment by Nato countries to invest 5% of their GDP to defence, global banks are backing a new bank that is being set up to support Nato countries and their allies finance their defence needs.

/crypto

Asset manager associations join international blockchain initiative

The respective trade associations for the UK and Singapore's asset management industries have signed up to Project Guardian, a cross-border initiative led by the Monetary Authority of Singapore and designed to promote use-cases for blockchain.

/wealth

SS&C acquires funds network Calastone in $1bn deal

Investment funds processing network Calastone has been bought by US-based funds servicing firm and software vendor SS&C Technologies in a deal worth £776m ($1.03bn).

/markets

Computershare named as potential buyer for PrimaryBid

Australian stock transfer agency Computershare is reportedly one of a number of companies looking to acquire UK fintech PrimaryBid which was put up for sale earlier this year

/ai

AI up lad! Yorkshire launches AI investment fund

English county Yorkshire is bidding for a prime position in the UK's AI sector with the launch of an investment fund targetting AI startups.

/people

UK Chancellor halts ISAs reductions after backlash

Rachel Reeves, UK Chancellor, announced reductions to allowance for tax-free cash savings in a push to get the public to allocate more funds into stocks and shares to boost the economy. However, backlash from building societies and banks has led to these plans being shelved.

/wealth

Apex acquires majority stake in tokenisation firm

Fund administrator Apex Group has acquired a controlling stake in Luxembourg-based Tokeny in a move designed to spearhead a push into the tokenisation market.

/sustainable

Navigating the carbon market, in conversation with ZERO13

In conversation with Finextra, Hirander Misra, chairman and CEO of GMEX Group, and CEO of its carbon tracking company ZERO13, spoke on the complexities of the carbon market and untapped potential for its growth.

/wealth

Citi and SDX announce digital assets plan for private markets

Citi has teamed up with Swiss post-trade group SDX in a bid to develop tokenisation for private market assets.

/wealth

IFGS 2025: Is it time for wealthtech to take the stage?

At IFGS 2025, the panel discussion ‘The great wealth transfer: wealthtech’s time to shine’ focused on the evolving nature of wealth management, and how digitalisation, personalisation, and creative partnerships are key to scale up wealthtechs.

/crypto

Nacha: 80% of banks would reject clients if they processed cryptocurrency

Smarter Faster Payments in New Orleans saw representatives from the Federal Reserve Bank, Citizens, EPCOR and Nacha come together to share their personal views on the potential of blockchain for cross-border transactions and financial inclusion - amid a need for better understanding of digital assets, as well as concerns around anonymity and regulatory uncertainty.

/wealth

Northern Trust: 21% of private market investors allocate to crypto and digital assets

In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.

/wealth

EToro to launch UK and Europe stock lending programme

In order to identify borrowers and facilitate the stock lending process, eToro will partner with BNY, which will act as the custodian, and stock lending platform EquiLend. This stock lending launch showcases how eToro is currently leveraging BNY’s global clearing platform, offering integrated solutions across US and international clearing, custody, settlement, execution, and financing.