Asset Management

South Korea-based IT security firm Penta Security has joined forces with R3 to advance the digital asset management and Multi-Party Computation (MPC) technologies. Under the partnership, Penta Security is expected to combine its technologies with R3’s broad-range of enterprise blockchain...

As part of a strategic partnership, Baloise Asset Management is acquiring a stake in Zurich-based asset manager Tolomeo Capital AG. With this transaction, Baloise Asset Management will further strengthen its position as one of Switzerland’s leading rule-based asset managers....

Brookfield Asset Management Canadian alternative Investment major is planning to raise $500-$700 million by Real Estate Investment Trust by the end of this financial year. Investment bankers have already started to monetize Indian assets using REIT listing. Currently, Brookfield owns...

Apollo Global Management, Inc. announced expansion of its insurance asset management business, as Athene Holding Ltd.  has entered into a fixed annuity block reinsurance transaction with Jackson National Life Insurance Company, a subsidiary of Prudential plc, with the support...

The Charles Schwab Corporation announced that it has completed its acquisition of the assets of USAA’s Investment Management Company and has transitioned the underlying brokerage and managed portfolio accounts to Schwab. As announced in July 2019, the companies have...

Wells Fargo Asset Management (WFAM) announced the launch of the Wells Fargo Municipal Sustainability Fund, highlighting WFAM’s commitment to provide clients innovative solutions and play a leading role in sustainable investing. The Municipal Sustainability Fund utilizes a municipal bond assessment...

Eastspring offers investment solutions across a wide range of asset classes including equities, fixed income, and multi asset solution. Eastspring Investments has completed the acquisition of 50.1% stake in Thailand-based mutual fund manager Thanachart Fund Management (TFUND) from Thanachart...