Allianz Global Investors Accelerates Growth Path in Asia Pacific with Agreement to Acquire UOB Asset Management
- 17 hours 45 min ago
- Asset Management
Allianz Global Investors (“AllianzGI”), one of the world’s leading active asset managers, announced today that it has entered into an agreement to acquire UOB Asset Management (“UOBAM”), the asset management business of Singapore-headquartered UOB Group (“UOB”). The transaction will strengthen AllianzGI’s business in Asia Pacific, bringing the assets it manages for clients in the region to more than EUR 170 billion1, and enabling the combined... more
SoFi Expands Access to Private Markets with Funds From CAZ Investments and AngelList Asset Management
- 17 hours 48 min ago
- Wealth Management
SoFi Technologies, Inc., the everything app for digital financial services, today introduced three new private market funds from CAZ Investments and AngelList Asset Management. These funds provide exposure to private market strategies across AI, fintech, healthcare, defense, and other sectors, with investments that may include companies such as OpenAI, Anthropic, Anduril, and others.
Allocate Marks Five Years in Business, Surpasses $5 Billion in Platform Assets as Private Markets Wealth Channel Adoption Accelerates
- 1 day 9 hours ago
- Asset Management
Allocate, the private markets operating system for wealth advisory firms and fund managers, marked five years in business with over $5 billion in assets, more than tripling over the past year. The milestone reflects the continued adoption of private markets across the wealth channel, where advisors are increasingly looking for the infrastructure, technology, and operational support needed to build and scale private markets programs.
Broadridge and Payward Services Collaborate to Give xStocks Holders a Voice in Corporate Governance
- 1 day 10 hours ago
- Asset Management
Broadridge Financial Solutions, Inc., a global Fintech leader, today announced Broadridge’s unified governance platform will support shareholder communications and proxy voting for eligible holders of xStocks, the industry-leading tokenized equities framework developed by Payward Services, the B2B infrastructure platform from Payward.
FNZ Agrees Sale of FNZ Bank to Advent
- 1 day 15 hours ago
- Wealth Management
FNZ, the leading global wealth management platform, today announced that it has entered into an agreement to sell FNZ Bank to Advent, and a consortium including HarbourVest Partners (“HarbourVest”). Completion of the transaction is expected to occur in the second half of 2027, subject to customary regulatory and other approvals.
U.S. Bank Investment Services Enhances Investor and Client Onboarding Experience for Alternative Investments
- 2 days 11 hours ago
- Management
U.S. Bank Investment Services today announced it has gone live with a new client lifecycle management (CLM) platform, providing a comprehensive onboarding solution for alternative investment clients and the investors in their funds. The implementation is a key milestone in Investment Services’ multi-phased technology transformation strategy, aimed at modernizing processes, workflows and reporting across the private funds space.
New Avaloq Index Finds UK’s Wealth Management Strengths Offset by Macroeconomic Headwinds
- 2 days 12 hours ago
- Wealth Management
The inaugural Avaloq Wealth Management Index reveals that while the United Kingdom benefits from a mature financial ecosystem, supportive regulations and strong digital capabilities, macroeconomic conditions appear as the primary constraint on its overall competitiveness.
ANNA Announces Digital Token Identifier Integration into the ANNA Service Bureau
- 2 days 14 hours ago
- Asset Management
The Association of National Numbering Agencies (ANNA) the global association dedicated to supporting efficient capital markets through the use of widely embraced International Organisation for Standardisation (ISO) standards, announced today that the ANNA Service Bureau (ASB) has expanded to include Digital Token Identifiers.
Lloyds Banking Group Completes Three Live Tokenised Deposit Transactions Through Project Agorá
- 1 week 7 hours ago
- Asset Management
Lloyds Banking Group (Lloyds) has completed three live tokenised deposit transactions as part of Real-Value Testing of Project Agorá, a global public-private initiative exploring how tokenisation can improve wholesale cross-border payments.
BNY Launches Global Digital Transfer Agency Capabilities, Extending Leadership in Fund Servicing to Digital Markets
- 1 week 12 hours ago
- Asset Management
BNY, a global financial services company, today announced the launch of its new Digital Transfer Agency (TA) capabilities, meeting an expanded set of client needs by extending the firm’s leading TA services to support digitally native funds. BNY Digital TA modernizes BNY’s fund servicing capabilities to support both digital and traditional asset funds in an end-to-end lifecycle across multiple jurisdictions and blockchains, enabling a unified... more
HashKey Exchange Launches New Flagship Crypto Trading App
- 1 week 3 days ago
- Asset Management
HashKey Holdings Limited (3887.HK), a comprehensive Asian digital asset group, announced a landmark global product and brand strategy launch with a new flagship Crypto Trading App featuring a "multi-site unification" model now made available to users.
Objectway Expands into Capital Markets with Its Project to Acquire French Specialist SLIB, Advancing Its Pan-European Growth Strategy
- 1 week 3 days ago
- Wealth Management
Objectway, the pan-European wealthtech solution partner for banking, wealth and asset management firms, today announced that it has entered into exclusive negotiations with BNP Paribas and Natixis, granting them the right to transfer their entire stake in SLIB (Services Logiciels d'Intégration Boursière), a trusted partner specialised in the development of dedicated software solutions for the capital markets sector, to Objectway.
Moneybox Completes £45 Million Employee Secondary Share Sale
- 2 weeks 13 hours ago
- Management
Moneybox has successfully completed its £45 million secondary share sale through the London Stock Exchange’s Private Securities Market (PSM) built on the UK’s PISCES framework. The transaction confirms Moneybox’s valuation at c.£800 million (c.US$1.1 billion), approximately 45% higher than the valuation achieved at the company's last secondary share sale in 2024.
BALBOA | CORP Signs $120M Memorandum of Understanding With Major Developer to Enable Real-Time Trade Settlement
- 2 weeks 3 days ago
- Asset Management
BALBOA | CORP, the Panama‑based provider of stablecoin infrastructure for trade settlement, shipping and escrow, today announced it has signed a memorandum of understanding (MOU) with URBANISTMO S.A., a major Panamanian developer to explore integrating BALBOA | CORP’s stablecoin and stablecoin infrastructure into large infrastructure and construction projects.
Tokenized Assets a Key Priority for Financial Services Firms, Broadridge Survey Finds
- 3 weeks 12 hours ago
- Asset Management
Tokenization is no longer a future-state concept, as financial institutions increasingly view it as a strategic priority and prepare for a future in which digital and traditional assets operate side by side. Broadridge Financial Solutions, Inc. today released findings from its inaugural Broadridge Tokenization Pulse Survey, which reveals that firms are moving beyond exploration and are now focusing on how tokenization will reshape products,... more
