Portfolio management

117 articles tagged with this keyword

/Portfolio management

Investment Association opens second fintech cohort

The trade body for the UK's fund management industry, the Investment Association (IA), has extended its fintech accelerator initiative with the launch of a second cohort.

/Portfolio management

JP Morgan hires senior AI exec

US bank JP Morgan has hired a former Google executive as its new head of artificial intelligence (AI) and machine learning (ML).

/Portfolio management

SS&C to buy Eze Software for $1.45 billion

Having backed away from a rumoured bid to buy Fidessa, SS&C has turned its attentions to Eze Software, offering private equity owner TPG Capital $1.45 billion in cash for the investment management software house.

/Portfolio management

Credit Suisse invests in Assetmax

Credit Suisse has joined a funding round for Assetmax, a Swiss startup that provides asset managers with an end-to-end software platform.

/Portfolio management

Broadridge awarded blockchain patent for proxy voting

The prospect of applying blockchain technology to the proxy voting process has become more likely after Broadridge, one of the biggest providers of investor-related services, was awarded a patent for this very purpose.

/Portfolio management

Deutsche Bank looks to big data for stock price clues

Deutsche Bank's research unit has unveiled an interactive web tool that uses big data in an effort to quantify the importance of intangibles, such as environmental and social issues, on stock prices.

/Portfolio management

SETL goes live with blockchain funds platform

SETL, a blockchain-based settlement system for the investment funds industry, has gone live with its pan-European funds record keeping platform IZNES having successfully processed its first transactions.

/Portfolio management

Asset managers failing to adapt to digital world

Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.

/Portfolio management

Nomura Asset Management trials AI for investment decision making

Japan's Nomura Asset Management (NAM) has tapped artificial intelligence (AI) to quantitatively assess text from news websites and blogs, using the results to help portfolio managers make investment decisions.

/Portfolio management

China launches $1.5bn fintech fund

A consortium of Chinese state-owned companies and private enterprises has created a $1.44 billion investment fund dedicated to fintech mergers and acquisitions.

/Portfolio management

UK startups get Brexit boost while UK funds suffer

Venture capitalists have invested more than $200m in UK tech startups in the month following the controversial Brexit vote, allaying fears that London's growing tech sector would be one of the first casualties of the withdrawal from the European Union.

/Portfolio management

Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

/Portfolio management

UK broker to launch trading on Facebook app

Retail investors may soon be able to buy and sell shares via Facebook's messenger platform after UK fund supermarket AJ Bell announced plans to launch a new trading service in the next three months.

/Portfolio management

Spain's BME buys out Infobolsa partner Deutsche Bourse

Spanish exchange operator Bolsas y Mercados Españoles (BME) has paid partner Deutsche Bourse EUR8.2 million in cash to take full ownership of financial information outfit Infobolsa.

/Portfolio management

Halifax 'Digital Champions' to run IT sessions at UK libraries

Halifax is to dispatch up to 2000 staff to UK libraries to run IT taster sessions for the estimated six million adults in the country who have never used the internet to get online.

/Portfolio management

SunGard system glitch causes havoc for BNY Mellon and US funds market

BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.

/Portfolio management

Buy-side still reliant on manual process for complex derivatives - report

Almost half of asset managers are still reliant on costly manual processes to manage complex derivatives creating a dangerous level of operational risk according to a report from buy-side systems vendor SimCorp.

/Portfolio management

Trading game helps FS firms pick job candidates

Wall Street and City firms now have a new tool to help them sift through thousands of job applications: a virtual trading platform that uses social gaming, psychology and machine learning techniques to test candidates' mettle.

/Portfolio management

BNP Paribas explores the blockchain; SocGen advertises bitcoin-related job

Further evidence has emerged that French investment banks are exploring the potential of blockchain technology in the capital markets.

/Portfolio management

Nasdaq and Nyse propose mutual back-up plan

Two rival exchanges, the New York Stock Exchange (Nyse) and Nasdaq OMX, are planning to provide back-up to each other's closing auctions in order to prevent a repeat of the outage that hit Nyse earlier this month.