The divestment of Nordea Ejendomme finalised
- 6 years 7 months ago
- Asset Management
All conditions have been fulfilled for the sale of the Danish property asset management company Nordea Ejendomme, disclosed on 28 August 2018, and the sale was finalised on 29 November 2018. Upon completion of the transaction it is expected to result in a capital gain amounting to approximately EUR 35 million for Nordea, expected to be recognised in the line item Other operating income in the fourth quarter of 2018. Costs are reduced by... more
Ascension Ventures Announces 14 New Investors
- 6 years 7 months ago
- Investment Management
Ascension Ventures, the London-based investment firm, today announced a funding round, which will see the addition of 14 new Venture Partners. The group strengthens Ascension’s core belief in entrepreneurs investing in entrepreneurs, bringing in active UK and US investors with a number of them already successfully-exited entrepreneurs.
Axioma seals contract with LGIM to implement Axioma Risk
- 6 years 7 months ago
- Investment Management, Risk Management
Axioma announced today that Legal & General Investment Management (LGIM), one of Europe’s largest asset managers and a major global investor, has selected Axioma Risk, the enterprise-wide risk-management solution providing timely, consistent and comparable views of multi-asset class risk across the front, middle and back offices.
Gibraltar Regulator Grants Lendingblock In-Principle Licence as DLT Provider
- 6 years 7 months ago
- Asset Management
Lendingblock, the securities lending platform for digital assets, today announces the Gibraltar Financial Services Commission (GFSC) has made an in-principle decision to grant the firm authorisation as a Distributed Ledger Technology (DLT) provider.
JHC Neon signs Ireland’s largest wealth manager
- 6 years 7 months ago
- Wealth Management
Wealth management fintech firm JHC Systems (JHC) has today announced that Davy Private Clients has implemented its digital portfolio monitoring tool, JHC Neon (Neon), for its Portfolio Construction Team. Neon will automatically monitor and analyse every client portfolio daily in order to assess all positions, asset allocations and risk profiles within the team’s investment models. Through the system’s unique digital dashboard, Davy will have... more
DriveWealth and Trading Central Announce Strategic Partnership
- 6 years 7 months ago
- Investment Management
DriveWealth, LLC, a leader in global digital trading technology, today announced a strategic partnership with Trading Central, a global leader of financial market research and investment analytics. The new relationship will allow the two companies to leverage the complementary elements of their businesses: seamless, digital, mobile-first transaction capabilities and sophisticated, accessible and actionable financial content.
Abacus Group Wins Best Technology-Overall at 2018 Alt Credit European Services Awards in London
- 6 years 7 months ago
- Investment Management
Abacus Group, a leading provider of hosted IT solutions and application hosting for alternative investment firms, has been recognized as the winner of “Best Technology-Overall” at the 2018 Alt Credit European Services Awards which took place in London on 31st October.
d1g1t Secures Series A Round to Fund the Growth of its Enterprise Wealth Management Platform
- 6 years 7 months ago
- Wealth Management
d1g1t Inc., the enterprise financial technology company serving the wealth management industry, announced today that it has closed its second round, Series A financing to fund the continued growth of its enterprise digital wealth management platform. Powered by advanced analytics and risk management tools, the d1g1t platform offers transparent portfolio management services to professional advisors and their individual investors.
Fusion Wealth Expands Relationship with SEI
- 6 years 7 months ago
- Wealth Management
Fusion Wealth, the bespoke platform solutions provider for wealth managers and large-scale financial planners, has extended its existing long-term relationship with SEI (NASDAQ:SEIC) through a new deal that will see the pair work together until at least 2025.
Portfolio complexity increasing in Fiduciary Management and Outsourced CIO industry
- 6 years 7 months ago
- Investment Management
A new global survey from Milestone Group, providers of OCIO, Delegated and Fiduciary management technology solutions, has revealed that portfolio strategies are growing increasingly complex. Portfolio complexity also looks set to increase, with an even larger majority outlining that they expect the complexity of their portfolios to continue to grow. The implications of a more complex portfolio are extensive, causing OCIO managers to look to... more
Personal wealth platform launches in the UK, eyeing off 27 million households to help financial advisers attract and retain clients
- 6 years 7 months ago
- Wealth Management
A leading wealth portal, myprosperity today launched its platform in the United Kingdom, eyeing off a market opportunity of around 27 million households as it gears up to help Brits better manage their finances and provide advisers with the tools to attract and retain clients. The platform, which has experienced sizeable growth in its home market, Australia, now sees the UK as its next significant opportunity, especially given the openness... more
Aquila Capital to acquire Portuguese hydropower portfolio from EDP
- 6 years 7 months ago
- Investment Management
The alternative investment specialist Aquila Capital has agreed with EDP, Portugal’s biggest energy company, to acquire a portfolio of 21 operational small-scale hydropower plants located in Northern and Central Portugal with a total capacity of approximately 100 MW. The investment marks Aquila Capital’s first step into Portugal’s hydropower market.
BlockEx implements Maker/Taker pricing for partner brokerage growth
- 6 years 7 months ago
- Blockchain, Asset Management
BlockEx, the digital asset exchange provider for institutional-grade financial markets, has announced the implementation of Maker/Taker pricing across its pooled liquidity brokerage network. Adam Leonard, CEO at BlockEx, said: “Partner branded brokerages that sit on our digital-asset trading exchange platform share a single virtual marketplace that pools liquidity. Implementing Maker/Taker pricing is an important tool for our partners to... more
Fenergo Expands into Private Banking and Wealth Management
- 6 years 7 months ago
- Wealth Management, Banking
Fenergo, the leading provider of Client Lifecycle Management solutions (CLM) and services for financial institutions, has announced its expansion into Private Banking and Wealth Management, with the creation of a new division lead by Steve D’Souza.
Tremblant Capital Selects LiquidityBook
- 6 years 8 months ago
- Asset Management
LiquidityBook today announced that Tremblant Capital, a multi-billion global asset management firm, has selected the SaaS-based LBX Buy Side as its full POEMS (portfolio, order and execution management system), with the integrated LBX Connect as its FIX routing network. LBX Buy Side replaced an existing system which was implemented 16 years ago near Tremblant’s inception.
