Om

Asset Managers Need to Set a Strategy to Leverage the AI Opportunity and Drive Future Growth

Retrieved on: 
måndag, maj 6, 2024

The asset management industry's revenues increased by just 0.2% in 2023, while costs rose by 4.3% for the year.

Key Points: 
  • The asset management industry's revenues increased by just 0.2% in 2023, while costs rose by 4.3% for the year.
  • This is according to Boston Consulting Group's 22nd edition of the Global Asset Management Report, AI and the Next Wave of Transformation , released today.
  • "To remain competitive, asset managers will need to seize the opportunities offered by artificial intelligence and double down on investing in enhanced productivity, product personalization, and the opportunity of private markets."
  • Asset managers cannot rely on market performance to drive revenue growth in the future to the same extent that they have in the past.

EQS-News: Q1 2024: DWS Generates Strong Net Inflows and Reaches New All-Time High for Assets under Management

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fredag, maj 3, 2024

In terms of net flows [2] , the corresponding categories within Total net flows will be Long-term net flows, Cash net flows and Advisory Services flows.

Key Points: 
  • In terms of net flows [2] , the corresponding categories within Total net flows will be Long-term net flows, Cash net flows and Advisory Services flows.
  • Build”) successfully, generating high net inflows and reaching a new all-time high for Assets under Management.
  • Total Assets under Management (AuM) rose by EUR 45 billion quarter-on-quarter to a new record high of EUR 941 billion.
  • Passive Asset Management increased net inflows to EUR 9.3 billion in the first quarter (Q4 2023: EUR 4.4 billion).

Mutual funds and safe government bonds: do returns matter?

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torsdag, april 25, 2024
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Key Points: 

    Aéma Groupe: FY 2023 Results

    Retrieved on: 
    onsdag, april 10, 2024

    Pascal Michard, Aéma Groupe Chairman of the Board of Directors, said:

    Key Points: 
    • Pascal Michard, Aéma Groupe Chairman of the Board of Directors, said:
      "In 2023 we completed the group's structure, and confirmed our mutualist mission at the service of everyone.
    • Since 2021, Aéma Groupe has invested more than 6 billion euros in green, social and sustainable bonds, including more than 1.3 billion euros in 2023.
    • Aéma Groupe's first strategic plan, Cap 2023 "Building to conquer", established a new leading mutualist player in the French insurance market.
    • Encouraged by this successful growth, the group has announced a new strategic plan: "Aéma 2026: À vos marques!” ["Aéma 2026 : on your marks!” - the French word “Marque” means “Brand”].

    EQS-News: MPC Capital Reports on Strong Financial Year 2023: Adjusted Pre-Tax Profit Up by 31%, Dividend Raised to 27 Cents per Share

    Retrieved on: 
    onsdag, mars 13, 2024

    Hamburg, 7 March 2024 -- Hamburg-based asset and investment manager MPC Capital AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) today published its 2023 annual report. Nearly all key figures, particularly the operating result, have been improved. The dividend for 2023 is also expected to increase significantly. With a positive outlook for the financial year 2024, MPC Capital aims to continue its business development at a high level with significant earnings visibility.

    Key Points: 
    • MPC Capital Reports on Strong Financial Year 2023: Adjusted Pre-Tax Profit Up by 31%, Dividend Raised to 27 Cents per Share
      The issuer is solely responsible for the content of this announcement.
    • MPC Capital Reports on Strong Financial Year 2023: Adjusted Pre-Tax Profit Up by 31%, Dividend Raised to 27 Cents per Share
      Successful business performance in 2023 leads to an increase in revenues to EUR 37.9 million.
    • With a positive outlook for the financial year 2024, MPC Capital aims to continue its business development at a high level with significant earnings visibility.
    • Against the background of the positive operational development, the dividend is set to increase by 35% from 20 to 27 cents per share.

    New neuro-symbolic AI chat to disrupt $650bn GCC wealth management market

    Retrieved on: 
    fredag, mars 1, 2024

    ZURICH and DUBAI, UAE, March 1, 2024 /PRNewswire/ -- Latest advancements in neuro-symbolic AI is poised to further disrupt the wealth management industry with a new generation of portfolio management tools, with reporting, personalization and industry-leading data accuracy.

    Key Points: 
    • WealthArc, a Swiss-born global wealth data management solution provider, has partnered with ZeroLink, a pioneering company in neuro-symbolic AI technology, to develop the cutting-edge machine learning-powered 'Chat with your data' service, and hopes to target family offices and the wealth management market across the GCC with AuM worth US$650 billion.
    • WealthArc has been empowering family offices, wealth managers, private banks and other wealth owners with the state-of-the-art data management platform aggregating more than 200k positions every day across the globe.
    • The multi-custodian and multi-currency driven solution is intuitive, easy to use and customizable, with a high level of data quality.
    • "The solution developed together with ZeroLink will revolutionize the way family offices, portfolio managers, as well as wealth owners, interact with wealth data, raising the bar for the wealth management space as a whole," says Radomir Mastalerz, CEO of WealthArc.

    Waga Energy secures USD $60 million financing from Eiffel Investment Group for its inaugural projects in the US

    Retrieved on: 
    tisdag, februari 6, 2024

    Waga Energy Inc., the US subsidiary of the Waga Energy Group, has secured USD $60 million financing with asset manager Eiffel Investment Group to finance the construction of four renewable natural gas (RNG) production units in the United States.

    Key Points: 
    • Waga Energy Inc., the US subsidiary of the Waga Energy Group, has secured USD $60 million financing with asset manager Eiffel Investment Group to finance the construction of four renewable natural gas (RNG) production units in the United States.
    • This is the first financing Waga Energy has secured in the United States.
    • This is the second time Waga Energy and Eiffel Investment Group have partnered up.
    • In 2020, the Eiffel Gaz Vert (Eiffel Green Gas) fund granted Waga Energy bond financing of €20 million to fund the construction of four WAGABOX® units in France.

    EQS-News: DWS Returned to Net Inflows in 2023 Supported by all Three Pillars – Passive including Xtrackers, Active and Alternatives

    Retrieved on: 
    måndag, februari 5, 2024

    Net flows ex Cash of EUR 1.8bn in Q4 resulting in EUR 22.6bn in FY 2023 (including Cash EUR 11.0bn in Q4 2023, EUR 28.3bn in FY 2023), supported by all three pillars – Passive including Xtrackers, Active and Alternatives.

    Key Points: 
    • Net flows ex Cash of EUR 1.8bn in Q4 resulting in EUR 22.6bn in FY 2023 (including Cash EUR 11.0bn in Q4 2023, EUR 28.3bn in FY 2023), supported by all three pillars – Passive including Xtrackers, Active and Alternatives.
    • Supported by all three pillars – Passive including Xtrackers, Active and Alternatives – DWS recorded net inflows (ex cash) of EUR 22.6 billion.
    • The adjusted Cost-Income Ratio at 64.0 percent in 2023 comfortably meets DWS’ outlook of below 65 percent for 2023.
    • Total net inflows in 2023 were mainly driven by Passive including Xtrackers and supported by Cash, Active (ex Cash) and Alternatives.

    The Luxembourg House of Financial Technology Announces the Inaugural 'Catapult: Financial Inclusion South East Asia' Program

    Retrieved on: 
    tisdag, januari 30, 2024

    This pioneering acceleration program is designed to empower fintech startups, fostering growth and innovation in financial services.

    Key Points: 
    • This pioneering acceleration program is designed to empower fintech startups, fostering growth and innovation in financial services.
    • In Luxembourg, program participants will be immersed in the centre's financial services and financial services ecosystem.
    • Nasir Zubairi, CEO of the LHoFT Foundation, said: "We are immensely proud to broaden our impact with Catapult: Financial Inclusion South East Asia.
    • Catapult: Financial Inclusion Southeast Asia welcomes applications from Fintech startups within the Southeast Asia region focused on addressing financial inclusion gaps with innovative and scalable solutions.

    Poland Investment Funds and Asset Management Market Report 2023-2025: PLN 700 Billion AUM and Beyond - A Detailed Look at Poland's Asset Management Resurgence - ResearchAndMarkets.com

    Retrieved on: 
    fredag, december 29, 2023

    Asset management market in Poland: Key Segments, 2Q/3Q 2023

    Key Points: 
    • Asset management market in Poland: Key Segments, 2Q/3Q 2023
      Top asset managers (groups) by AuM, 2Q/3Q 2023
      CEE 8 Investment fund industry - size vs. growth matrix, 2019-1H23
      CEE investment funds penetration benchmarks, 1H23
      Evolution of assets, number of funds & managers, 2018-3Q23
      Fund assets by type of fund (open-end, closed), 2018-3Q23
      Fund assets by underlying asset mix, 2020-3Q23
      Top 10 players in investment fund market, 3Q23
      Market share evolution of top fund managers, 2020-3Q23
      Top fund managers by client count, 3Q23
      Distribution - online distribution platforms, 2023
      Local funds invested in foreign assets and foreign funds, 3Q23
      Structure of Personal Financial Assets (PFA).
    • The share of Investment funds within savings of households, 2018-2Q23
      Value of deposits, cash & investment funds held by households outstanding value, 2018-1H23
      Fees and commissions charged by top fund managers, Nov. 23
      Revenues and costs of fund managers, 2022
      Profitability tree for fund managers, 2019-2022
      Pillar III - New pension vehicles: PPK overview (3rd pillar)
      Technical reserves by type evolution, 2019-2Q23
      Technical reserves by segment and by company, 2022