Asset Management

Troubled private lender Yes Bank finalised an agreement for the sale of 100 per cent equity shareholding of Yes Asset Management and Yes Trustee to GPL Finance and Investments which is 99 per cent owned by White Oak Investment...

ApexDao, a decentralized asset management protocol based on the ethereum blockchain, has gone operational. The protocol enables DeFi investors to take complete control of their digital assets and at the same time exposing them to the best investment options...

The Monetary Authority of Singapore (MAS) has revoked the capital markets services licence of Apical Asset Management (AAMPL). The revocation of the company's license is due to "serious breaches of MAS' anti-money laundering/countering financing of terrorism (AML/CFT) requirements", according to...

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...