Distribution platform Allfunds has joined forces with US-based fintech platform iCapital in a bid to improve global access to private markets.
Distribution platform Allfunds has joined forces with US-based fintech platform iCapital in a bid to improve global access to private markets.
Institutional interest in crypto assets has “skyrocketed” in 2021, according to trading data from crypto exchange platform Coinbase.
Big tech giant Google has moved into the capital markets sector with the launch of a cloud-based market data service.
M&G Wealth has appointed Australia’s Ignition Advice to develop a low-cost robo-advice hybrid service.
Technology lies at the heart of the asset management industry’s responses to Covid-19 – and technology will be fundamental to its business recovery as the pandemic recedes. But how are the fund management and asset servicing communities adapting to this challenge?
As the world emerges from a devastating pandemic, technology will play a critical role in determining the shape of the funds industry.
The survey asked respondents to identify, from a list of technology options, which currently play an important role in their companies’ IT strategies. Almost two-thirds highlighted use of cloud-based solutions – specifically use of public cloud and hybrid cloud in their technology strategies (fig 3).
Survey results have indicated that asset management companies are expected to increase the number of services that they outsource over the coming two years, taking advantage of the investment that large asset servicing companies have made in their global operating models
Even when asset managers have taken the decision to outsource NAV calculation to a third-party administrator, they will retain responsibility for oversight through the fiduciary, or stewardship, responsibility they bear to their investors.
What role will bitcoin play in the future? According to WisdomTree’s Jason Guthrie, head of capital markets and digital assets, the cryptocurrency is like digital gold – but with a caveat.
