Higher inflation, increased volatility, difficulty reaching investment goals, and challenges in recruiting and retaining investment staff have institutional investors who five years ago wouldn’t have considered outsourced chief investment officers (OCIOs) looking at these solutions for the first time, says Cerulli Associates.
Tokenbridge, a token aggregator and distribution platform aiming to streamline the wealth and fund management ecosystem, has introduced new features to support the construction, distribution and evaluation of tokenised model portfolios.
Northern Trust (Nasdaq: NTRS) has announced that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.
BlackRock has announced the launch of the BlackRock Senior Securitised Fund (BSSF), its new flagship Securitised Fund, in the existing BlackRock Specialist Strategies Fund range.
Cerulli Associates writes that interest in onboarding alternative investments is growing among Asian distributors as they seek to promote these strategies to wealthy investors, who have increasingly warmed up to the asset class amid volatility in public markets.
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.
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.
abrdn plc has announced that it has entered into an agreement to sell abrdn Capital, its discretionary fund management business, to LGT.
Sinara Group is setting up an international financial holding, Sinara Financial Corporation, in an effort to accelerate the expansion of its investment arm. Alexander Pumpyansky,
d1g1t Inc, the provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, has closed a new fundraising round worth
