Tagged: wealth managers

September 18, 2023 @ 11:12 am By Michael Wong  |  

Institutional investors are increasingly valuing the significance of digital assets in their diversified investment portfolios, according to new research from London-based regulated digital assets hedge fund Nickel Digital Asset Management. The research highlights a growing consensus on the incorporation of digital assets to ensure diversification…. Read More

June 15, 2023 @ 7:52 am By Omar Faridi  |  

Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making “a minority investment in Avaloq.”… Read More

June 1, 2023 @ 11:45 pm By Omar Faridi  |  

After a long period of consistent profitability, the wealth and asset management sector is “facing rising costs, shrinking margins, and intensifying consumer demands.” Firms are looking for ways “to accelerate their digital transformations, bring more of what their clients want to the table, and bolster… Read More

April 8, 2022 @ 8:19 am By Omar Faridi  |  

Wealth managers may now introduce more of their end-investors to the world of private investments via a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices may also “take part in the space via a corporate service to diversify their portfolios… Read More

March 24, 2021 @ 10:02 am By Samantha Hurst  |  

  Citi announced on Tuesday it has teamed up with fintech firm Sharegain to launch an automated securities lending solution specifically for wealth managers. Citi reported that through the solution, wealth managers may deliver a securities lending program to their customers, giving them the opportunity to earn… Read More

February 1, 2021 @ 8:45 pm By Omar Faridi  |  

Robin Melnick, Director, Alliances & Partnerships at Addepar, a leading provider of technology for the wealth management industry, recently connected with Bob Miller, CEO of PCR, a private client wealth aggregator assisting wealthy families, their advisors, and wealth tech companies develop “winning” digital transformation strategies…. Read More

December 26, 2020 @ 10:03 am By Omar Faridi  |  

China’s banking and insurance regulator released draft guidelines on Friday (December 25, 2020) regarding the sales of wealth management products by local commercial banks’ wealth management divisions. Chinese authorities will reportedly allow these wealth management subsidiaries to serve as sales agents for such products for… Read More