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Wealth & Assets Management

OCBC Bank to buy NAB’s private wealth business in Singapore and Hong Kong OCBC Bank has agreed to acquire National Australia Bank’s (NAB) private wealth business in Singapore and Hong Kong. Banking Services > Retail Banking > News

Latest Wealth & Assets Management News by Sector

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Asset Management

J.P. Morgan to integrate Zcash technology to enterprise blockchain platform
The Zerocoin Electric Coin Company (ZECC), which developed the Zcash digital currency, has partnered with J.P. Morgan to integrate Zcash technology into the financial company's enterprise blockchain platform, Quorum.
T. Rowe Price launches new digital investment advisory solution
T. Rowe Price has launched a new discretionary investment management and advisory solution for investors who want access to actively managed mutual funds and management of their portfolios to assist them in achieving long-term retirement savings goals.
Wealth & Assets Management > Asset Management > News

Hedge Funds

Northern Trust partners with AltX for hedge fund intelligence
Northern Trust and AltX have entered into an exclusive agreement to offer Northern Trust’s global institutional clients access to the largest ever amount of structured and unstructured data for hedge funds, on one platform.
Wealth & Assets Management > Hedge Funds > News
iCapital Network purchases HedgeFocus business from Credit Suisse
By IB Staff Writer
iCapital Network, a financial technology platform which offers simplified access to alternative investments, has acquired the HedgeFocus business from Credit Suisse.
Wealth & Assets Management > Hedge Funds > News

Private Equity

SoftBank to acquire Fortress Investment for $3.3bn
By IB Staff Writer
Japan-based SoftBank has agreed to acquire US investment management firm Fortress Investment for about $3.3bn.
Wealth & Assets Management > Private Equity > News
Opus Bank’s subsidiary sees increase in online account openings with enhanced Alt-Nav technology
By IB Staff Writer
Opus Bank announced that its wholly-owned subsidiary, Pensco Trust Company, a major tech-enabled alternative asset IRA custodian, has experienced a significant increase in online account openings as a result of the enhancement of its Alt-Nav technology with Straight-Through-Processing (STP).
Banking Services > Online Banking > News

Mutual Funds

India Post gets clearance for payments bank services
By IB Staff Writer
The Indian government has cleared a proposal for the India Post to launch payments bank services by March 2017.
Banking Services > Retail Banking > News
Natixis Global Asset Management launches new sustainable equity mutual fund
Natixis Global Asset Management launched the Mirova Global Sustainable Equity Fund (ESGMX), a global equity mutual fund managed by Natixis AM U.S. with reliance on Mirova.
Wealth & Assets Management > Mutual Funds > News