Asset Management
Asset Management
Interest Rate Slashed On Government Deposits By The ECB
As per the European Central Bank, it is going to cut the maximum rate it goes on to pay on the deposits that are held by the governments so as to give them an incentive to redeploy that cash...
Asset Management
Under REPowerEU Plan Italy Eyes To Be Energy Hub of Europe
Italy has plans to utilise the funds coming from the European Union under the REPowerEU scheme so as to completely disconnect itself from the Russian gas and thereby turn the country in the bloc’s energy hub, said Giorgia Meloni,...
Asset Management
J.P. Morgan Asset Management Receives Regulatory Approval for 100% Ownership of China Joint Venture
J.P. Morgan Asset Management (JPMAM) announced significant steps in advancing its long-standing commitment to expanding in China.
JPMAM has received regulatory approval from the China Securities Regulatory Commission (CSRC) to complete its acquisition of China International Fund Management Co., Ltd....
Asset Management
5 Major Forces Shaping Wealth Management In 2023
The year 2022 will be regarded to be significant for the worldwide wealth management industry. Wealth managers rushed to digitise their service offerings and enable remote service and distribution as a result of the global pandemic.
As investors sought safe...
Asset Management
Trovata and J.P. Morgan Asset Management partner to help joint customers tap into Morgan Money’s services
Trovata, one of the leading bank-connected platforms that makes it easier for finance and treasury professionals to manage cash, and J.P. Morgan Asset Management, a global leader in investment management with $2.3 trillion of assets under management, announced they...
Asset Management
IMF- Half of EU, Third of World Economy In Recession By 2023
According to the head of the International Monetary Fund, 2023 will be a challenging year for a third of the global economy as the primary drivers of global development, Europe, the United States, and China, all see diminishing activity.
IMF...
Asset Management
Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the firm reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by...
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