Asset Management

L&G has announced the first close of its new L&G Digital Infrastructure Fund ("LDIF" or "the fund"), raising around €600 million in commitments and related co-investments. A second close is anticipated later in the year, a major milestone in...

UBS, the largest wealth manager in the world, has confirmed it is expanding its partnership with enterprise AI platform provider Domino Data Lab. The move underscores the bank's goal to ramp up artificial intelligence across its operations while giving equal...

How Technology is Transforming Wealth Management In an age characterized by frantic technological progress, the wealth management sector is changing in a fundamental manner. The title "how technology is changing wealth management" summarizes the broad breakthroughs that are remaking...

Artificial Intelligence in Wealth Management 2024: The advent of artificial intelligence (AI) in wealth management has brought a new era in financial planning and investment approaches, enabling unprecedented efficiency, personalization, and data-driven decision making. As the financial services industry continues...

Standard Chartered announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a leading global financial...

Boerse Stuttgart Digital provides crypto infrastructure to DZ BANK, giving cooperative bank customers access to cryptocurrencies Safe and easy access to regulated cryptocurrency trading and custody services for retail customers. This is said to represent a key milestone for mass...

Commercial Bank of DubaiCommercial Bank of Dubai, CBD (CBD) has launched dedicated accounts for Virtual Asset Service Providers (VASPs) to manage client money and regulatory prudential requirements. In recent years, Dubai has emerged as a regional and global hub for...