A survey from Royal Bank of Scotland International (RBSi) has found that 71 per cent of alternative investment funds see digital transformation as their greatest operational challenge.
Clearwater Analytics has released industry research revealing that alternative investments have fundamentally transformed from a fringe strategy to a portfolio cornerstone, now comprising nearly one-third of the US insurance industry’s assets – representing approximately USD2.7 trillion – as insurers abandon traditional portfolio strategies.
iCapital and Citi have announced that iCapital is acquiring from Citi one of its indirect subsidiaries, Citi Global Alternatives, LLC, the adviser to Citi Wealth’s global alternative investment fund platform.
