Computers are starting to outpace humans when it comes to investment, according to an experiment from Finder.com, which compared strategies from artificial intelligence technology ChatGPT against top UK managers.
The digital asset and fintech investment business, Fineqia, has announced plans to start a new venture capital fund that will invest in innovative companies in the digital asset industry.
As fundraising among large institutions has run dry, demand among retail and small institutional investors has surged for private investments, says the US team at Cerulli Associates. Both factors are driving alternative asset managers’ interest in exploring client segments beyond the traditional large institutional investor.
As the era of free money comes to an end thanks to rising interest rates the world over, companies have been forced to seek new, less expensive ways to raise credit, and convertible bonds appear an attractive alternative.
New research from Managing Partners Group (MPG), the international asset management group, reveals 88 per cent of professional investors plan to increase their focus on yield as opposed to just focusing on growth in the next five years.
The Waystone Group has announced that it has signed definitive agreements to acquire the Irish and UK businesses of Link Fund Solutions (LFS), a division of Link Group, subject to regulatory approvals and other contractual conditions.
Fans of Kevin Costner* may recall Field of Dreams. The above quote went to the heart of the 1989 film. It sprung to mind during our recent visit to India. Namely, that Indian infrastructure is finally shifting from a ‘hindrance’ to a ‘help’. In the words of The Economist, “India is getting an eye-wateringly big transport upgrade.”
DWS in the US has announced the listing of Xtrackers MSCI USA Climate Action Equity ETF (NYSE: USCA), with significant first day investment from Ilmarinen. The firm writes that the fund is designed for investors seeking exposure to large and mid-cap companies in the United States that are leading their sector peers in taking actions relating to climate transition.
If any ESG doubters remain in the asset management world, assets inflows to responsible investment products may well force them to climb aboard the sustainable finance bandwagon.
Fining asset management firms that engage in greenwashing has widespread support among European institutional investors, according to the latest Cerulli Edge—Global Edition. According to the research, 85 per cent of asset owners polled across seven markets favor fines for transgressors.
