Tag : assets under management

New Passive Funds tracking Nifty Indices launched in Japan and Korea
Fintech News

New Passive Funds tracking Nifty Indices launched in Japan and Korea

Business Wire
7 new Passive Funds launched in 2023 In the calendar year 2023, seven new Passive funds (ETFs/Index Funds) tracking Nifty Indices were launched in Japan and Korea. Six products are tracking Nifty 50 and 1 product is tracking Nifty50 2x leverage index. These new products have garnered Assets under Management......
ZA Bank Receives Regulatory Approval to Prepare For u.s. Stock Trading Service Launch
Banking Fintech Trading

ZA Bank Receives Regulatory Approval to Prepare For US Stock Trading Service Launch

Fintech Staff Writer
ZA Bank, one of Asia’s Top Mobile Banking App and Hong Kong’s Virtual Bank of the Year – Consumer , today announced that the Hong Kong Securities and Futures Commission (“SFC”) has lifted the previous conditions on the Bank’s license registration of Type 1 (dealing in securities) regulated activity under......
Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
OKX Announces Profit-Sharing Feature Updates on its Copy Trading Product
News Trading

OKX Announces Profit-Sharing Feature Updates on its Copy Trading Product

GlobeNewswire
OKX Announces Profit-Sharing Feature Updates on its Copy Trading Product Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive Vice President at Clearwater Analytics OKX has announced updates to its profit-sharing feature on its Copy Trading product. The changes aim to more accurately reflect the contributions of Lead Traders and......
Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility
Fintech News

Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility

Business Wire
Medical Properties Trust, announced that it has sold $105 million of its interest in Steward Health Care System’s (“Steward”) new syndicated asset-backed credit facility to a leading global asset manager with more than $100 billion in assets under management. Latest Fintech Interview Global Fintech Interview with Brian Halpin, SVP, SS&C......
Rithm Capital Corp. to Acquire Sculptor Capital Management
Digital Asset Management Fintech News

Rithm Capital Corp. to Acquire Sculptor Capital Management

Business Wire
Together, Rithm and Sculptor form a strong partnership offering global investors best in class investment capabilities across multiple asset classes. Rithm Capital Corp. an asset manager focused on the real estate and financial services industries, and Sculptor Capital Management , a global alternative asset manager with $34 billion in assets......
Nexo Acquires Stake in US Bank
Digital Asset Management News

Nexo Acquires Stake in US Bank

Fintech News Desk
Nexo, the world’s leading regulated institution for digital assets with $4 billion in assets under management, announces the acquisition of a stake in Hulett Bancorp (DBA Mode Eleven) and its federally chartered Summit National Bank, in an industry-changing transaction that expands Nexo’s footprint in the US even further and will......
Valkyrie Investments Tops $1 Billion in Assets Under Management
Digital Asset Management News

Valkyrie Investments Tops $1 Billion in Assets Under Management

Fintech News Desk
The firm hits this milestone after launching several products over the past year including multiple exchange traded funds Valkyrie Investments, a leading investment manager focused on digital assets, is excited to announce that it has now topped $1 billion in assets under management (AUM). Valkyrie Investments is the parent company of exchange......
Global Private Wealth Platform Kristal Hits 500 Million Dollars AUM Landmark
Investment Services Investments News

Global Private Wealth Platform Kristal Hits 500 Million Dollars AUM Landmark

Fintech News Desk
* #1 wealth manager in the mass affluent & emerging HNI segment. * Partnered with 50+ family offices and wealth managers * UAE is the fourth country of expansion after Singapore, Hong Kong & India * Building a comprehensive wealth management suite for banks & wealth managers * Top investor profiles......
Near-Record Revenues in 2020 Provide Opportunity for Investment Banks to Restructure and Enhance the Client Experience, According to Accenture Report
Finance Fintech Investments News

Near-Record Revenues in 2020 Provide Opportunity for Investment Banks to Restructure and Enhance the Client Experience, According to Accenture Report

Fintech News Desk
Pandemic-driven rebound could help capital markets industry accelerate technology investments to protect against disruption With near-record revenue levels in 2020 for investment banks (sell-side) and strong assets under management (AUM) growth for wealth and asset managers (buy-side), the capital markets industry faces a critical opportunity to accelerate technology investments to......
1