Blackstone raises USD 13.1 billion for its Asia fund, exceeds target
Blackstone, while targeting USD 10 billion for the Blackstone Capital Partners Asia III, raised more than double the amount of…
Category: Asset Management
Semiconductor powerhouse Taiwan now eyes asset management expansion
Taiwan currently has eight asset managers with more than one trillion New Taiwan dollars’ worth of assets under management Taiwan,…
BlackRock, State Street join Wall Street’s tokenisation race
State Street’s tokenised cash-management product will allow stablecoin holders to sweep their assets into an on-chain, yield-bearing asset International Finance…
Zayo issues USD 2.37 billion asset-backed term notes
Investor appetite was strong, with the bonds priced at a weighted average rate of 6.5%, which is a sign that…
Citi taps wealthtech firm Advyzon for global UMA program
Advyzon’s program will consolidate Citi Wealth’s existing investment products, ETFs and mutual funds into a single account structure Citigroup’s wealth…
Asset manager BlackRock sees profit rise, stock value remains a worry
BlackRock reported a net profit of USD 2.21 billion for the quarter. Its adjusted earnings were USD 12.53 a share,…
CI GAM expands customer access to international equity strategy
CI GAM’s VXM strategy focuses on undervalued international companies, providing diversification across regions and investment styles CI Global Asset Management…
Vanguard adds 17 new funds to Vanguard Investor Choice
The value of assets that Vanguard manages outside the United States has surpassed USD 1 trillion, with the company now…
BNP Paribas Asset Management eyes 350-billion-euro net inflows by 2030
By integrating the expertise of AXA IM, BNP Paribas Asset Management, and BNP Paribas REIM, the new platform now offers…
Brazil’s biggest asset manager urges investors to back bitcoin
Products like BITI11, a bitcoin ETF traded in Brazil, saw their performance in reais affected by the weakening fiat currency…