Assets under management were up 16.10% year-on-year.
FundSquare’s blockchain-driven fund distribution platform FundsDLT, currently in the live testing stage, could make the product distribution process easier. Asset News has the scoop on this platform.
New City Initiative pushes for a strengthening of fund ties between the UK and the APAC region.
Asset News has canvassed fund distribution experts' views over the recent purchase of Spain's Sabadell AM by Amundi.
Mixed asset funds were 2019’s biggest winners as a last-minute turnaround saved equity funds from heading into outright outflows for the first time.
UBS Fondcenter, the B2B fund distribution platform, will merge with Clearstream’s Fund Desk, with approximately $230bn in assets under administration (AuA). The Swiss group expects a post-tax gain of around $600m.
Investment funds in Norway have boarded net new subscriptions of NOK 47bn (€4.76bn) over 2019.
Data compiled by Swiss Fund Data and Morningstar suggests a 14.5% year-on-year rise in assets.