ETFs Continue to Widen Growth Gap over Mutual Funds in Retail Investment Channels, According to Broadridge Financial Solutions
- 9 years 11 months ago
- Investment
Retail channels continued to drive exchange-traded fund (ETF) growth through the second quarter of 2015, increasing assets in absolute dollars by $265 billion over the past year, and outpacing the $200 billion in long-term mutual fund (LTMF) assets distributed by retail channels, according to data released today by Broadridge Financial Solutions, Inc., (NYSE:BR) via its Fund Distribution Intelligence tool.
EIB approves EUR 10 billion of new EIB loans and launches European Fund for Strategic Investments with European Commission
- 9 years 12 months ago
- Investment
New investment for strategic infrastructure across Europe and around the world, including road, rail, ports, inland waterways, and airports, were amongst nearly EUR 10 billion of new lending approved this week by the Board of Europe’s long-term lending institution, the European Investment Bank. Financing was agreed, subject to final negotiation, for a total of 45 projects, including 5 schemes expected to get support from the EU budget guarantee... more
SimCorp Calls for Entries for the Annual Excellence Awards 2015
- 9 years 12 months ago
- Investment
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced the call for entries for the 2015 SimCorp Excellence Awards. The SimCorp Excellence Awards recognize innovation and outstanding performance across the global investment management industry.
Milestone Group sparks African expansion with new joint venture, pControl Africa
- 9 years 12 months ago
- Investment
Milestone Group, the global provider of optimised fund processing solutions, has announced the establishment of ‘pControl Africa’. Operating from a new office in Cape Town, pControl Africa is a joint venture between Milestone Group and domestic provider Global ASP, a leader in the provision of hosted member administration and asset management solution platforms, as well as technology, consulting, disaster recovery and business continuity... more
The 2015 level of VC investment in bitcoin companies exceeded investment in 2014
- 10 years 18 hours ago
- Cryptocurrencies, Investment
The recent deal that saw $20 million of venture capital invested in Amsterdam-based bitcoin mining company BitFury pushed the 2015 total to $357 million thereby overtaking the $350 million raised during 2014. The cryptocurrency has enjoyed a steep rise in capital investment in recent years. But despite the fact that investment continues to grow, figures suggest that the growth is decelerating.
SS&C’s Advent Selected as “Best Accounting System Provider” in the 2015 Waters Rankings
- 10 years 18 hours ago
- Investment
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that its Geneva® portfolio management solution was named "Best Accounting System Provider" in the 2015 Waters Rankings. The winners were announced during a luncheon reception at The Metropolitan Club in New York City on July 16th and will be featured in the August 2015 issue of Waters magazine.
PGGM chooses SimCorp’s Data Warehouse solution
- 10 years 1 day ago
- Investment, Infrastructure
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that Dutch PGGM Vermogensbeheer B.V. (PGGM) has selected SimCorp’s Data Warehouse solution to improve operations with detailed and near-real time information on performance, analytics and benchmarks.
Fenergo to Receive Significant Investment from Insight Venture Partners to Fuel Global Growth
- 10 years 3 days ago
- Investment
Fenergo, the leading provider of Client Lifecycle Management software solutions for investment banks, capital market firms and private banks, has announced today that
Imperial Innovations gets GBP 50 million EIB backing to strengthen investment in biotech spin-offs
- 10 years 3 days ago
- Investment
Imperial Innovations Group has secured a new GBP 50 million loan from the European Investment Bank (EIB) to support investment in the UK biotech and life science sector. The new support from Europe’s long-term lending institution will be used by the leading technology commercialisation company to strengthen support for harness research ideas and turn them into commercial success.
Amazon To Invest $60 Million Funding In Indian Financial Services Marketplace BankBazaar
- 10 years 2 weeks ago
- Investment
Amazon has led a $60 million funding round in Indian financial services marketplace BankBazaar.
Singapore To Invest S$225m In Fintech Sector
- 10 years 2 weeks ago
- Investment
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the investment (around US$167 million) in the Financial Sector Technology & Innovation (FSTI) scheme during a speech.
Linedata To Expand Lending & Leasing Services in London
- 10 years 3 weeks ago
- Investment
Linedata, the global solutions provider dedicated to the investment management and credit industries, is to make the “Best in Class” lending management solutions in the world market available to UK loan and leasing professionals as it opens its dedicated Lending & Leasing operations from its existing office in London.
SunGard Wins 2015 Alternative Investment Award for Global Corporate Actions Processing Solution
- 10 years 1 month ago
- Investment
SunGard has won Wealth & Finance International’s 2015 Alternative Investment Award for its XSP solution in the “Best Equities Broker/Dealer - USA” category. These awards recognize and pay tribute to groundbreaking, forward-thinking and client-friendly businesses across a wide spectrum of global industries and sectors.
Infront adds new portfolio view and enhanced mobile alerts for improved real-time control over investments
- 10 years 1 month ago
- Investment
Infront, the leading provider of real-time market data, news and analytics, is continuing its drive to add must-have functionality to its market data terminal with the introduction of a new portfolio view and enhanced mobile alerts. The new capabilities are aimed at helping institutional buy-side and other investors to gain better, real-time control over their investment portfolios.
Andy Murray Teams Up With Leading Equity Crowdfunding Platform Seedrs
- 10 years 1 month ago
- Investment
Tennis champion Andy Murray announced today that he has entered a long-term partnership arrangement with Seedrs, the London-based equity crowdfunding platform. The arrangement will see Andy joining the Seedrs Advisory Board to provide advice to the firm with respect to businesses working in the health, sport and wearable technology spaces. Andy will not be offering advice to individual investors or recommending specific campaigns.
