The European Fund and Asset Management Association (Efama) says inefficiencies in fund processing remain as “high as ever” and the trade body renewed its call for national initiatives to tackle the problem.
The European Fund and Asset Management Association (Efama) says inefficiencies in fund processing remain as “high as ever” and the trade body renewed its call for national initiatives to tackle the problem.
Adoption of emerging technologies is low among institutional investors despite the belief among nearly three quarters of those surveyed that artificial intelligence (AI) and other forms will transform the industry by 2025.
Data gathering is the most time-consuming hurdle to client communications and reporting, according to a survey of 100 buy-side executives by investment management solutions provider, SimCorp.
Schroders has purchased a minority stake in the first fintech firm to join its fintech accelerator programme, Cobalt.
A number of fintech firms with tools applicable to responsible investment, decision making, bond investing, and other activities have been selected to join an asset management programme.
Schroders and Lloyds Banking Group are in discussion to see how they can work together in the wealth sector.
Global non-profit organisation Efma has launched the AI Executive Certificate, a training programme to help professionals in financial services better understand the impact that Artificial Intelligence (AI) can have on their business and the wider industry.
Nikko Asset Management and its US-based affiliate ARK Investment Management have launched a technology fund focused on disruption which they say will have investments similar to venture capital, but made though listed equities.
Fund administrators and transfer agents (TAs) are failing to adequately support asset managers in gaining greater operational efficiencies, research indicates.
In the week that this report went to press, Aberdeen Standard Investments launched a fund that will be run by artificial intelligence.
