Investment Management stories
Firms in the region are moving beyond pilots, with 84% expecting AI to redefine roles and operations across their businesses.
The appointment deepens IQ-EQ's integration of its former Gordian Capital business, as Anil Ponnampalam takes charge across APAC and the Middle East.
The hire signals growing pressure on wealth managers to adopt AI with tighter controls as firms look for clearer governance and oversight.
The awards highlight how insurers, agencies and police are using process software to cut delays, clear backlogs and save staff time.
Shareholders are being offered a 53% premium as the private equity firm's bid values the communications provider at GBP £1.079 billion.
Large firms are risking an average 2.4% of annual revenue on failed transformation and AI work as board visibility stays poor.
Losses from unhedged foreign exchange exposure have pushed almost all North American fund managers to hedge forecastable currency risk.
Investor demand for private AI software remains strong as Databricks hits a USD $7 billion revenue run-rate and a USD $190 billion valuation.
Advisers could lose market relevance unless they learn to use AI, as the Wealth Management Institute aims for 21,000 training enrolments over three years.
Record investment is following better disclosure, with India and Vietnam drawing USD $12 billion as Asia Pacific drives transparency gains.
SMEs under pressure to prove returns from AI can now tap pre-built agents and workshops aimed at turning pilot projects into measurable gains.
Staff at Papua New Guinea state investor Kumul Consolidated Holdings can now query finance data by voice, cutting manual reporting and speeding decisions.
Rising enrolment is drawing institutional money into Malaysia's fragmented student housing market as the partners target acquisitions and new builds.
Asset managers are turning to bespoke AI as Multiplier says its software can protect proprietary research and speed up workflows.
Startups can now earn higher returns on idle balances as Mercury adds exclusive fund options from Morgan Stanley and State Street.
Affluent Uruguayan investors can now access global markets through a single app, as IOL Privé combines advice, planning and trading.
Advisers will gain access to Ned Davis Research models across multiple custodians, while Amplify handles trading, rebalancing and reporting.
Deal teams will save time on due diligence as Ansarada's OS Bondi spots duplicate questions while keeping sensitive data inside its secure platform.
The new software aims to cut reliance on spreadsheets and curb reconciliation errors as private capital firms juggle carry, ownership and compensation.
Boards are pressuring security chiefs to prove returns as the Columbia, Maryland firm expands a platform that manages more than USD $1 billion in spend.