Assets under management

Abu Dhabi Expands its International Financial District Tenfold

Retrieved on: 
Monday, May 8, 2023
Workforce, Abu Dhabi Department of Education and Knowledge, Abu Dhabi Global Market, ABU, Assets under management, Government, AUM, Economic development, Management, United Arab Emirates, Al Reem Island

ABU DHABI, UAE, May 8, 2023 /PRNewswire/ -- Abu Dhabi is set to become one of the world's largest International Financial Districts following the issuance of UAE Cabinet Resolution No.

Key Points: 
  • ABU DHABI, UAE, May 8, 2023 /PRNewswire/ -- Abu Dhabi is set to become one of the world's largest International Financial Districts following the issuance of UAE Cabinet Resolution No.
  • 41 for 2023 to expand the jurisdiction of Abu Dhabi Global Market (ADGM) the international financial centre of the capital city of the United Arab Emirates, as part of its economic vision, which lists its thriving financial sector as one of the key focus areas for its diversification strategy.
  • The resolution expands ADGM's jurisdiction as a Financial Free Zone to Al Reem Island, adjacent to its current home of Al Maryah Island, following increased demand from a wide range of international companies choosing Abu Dhabi as a preferred destination to expand and grow their businesses globally.
  • "This expansion provides us with a unique opportunity for Abu Dhabi to reinforce its position as a world-leading international financial centre and a global destination of choice.

Global Digital Asset Based Exchange Traded Products YTD AUM Rose 66%, Outpacing Broader Market

Retrieved on: 
Friday, May 5, 2023
Bitcoin, Ethereum, ETP, Fed, ETF, CSE, ETH, Cryptocurrency, FNQ, Exchange-traded product, Binance, USD, Assets under management, AUM, OTC, Growth, Zorg, BTC, YTD

Year to date (YTD) AUM increased to $32.6 billion from $19.9 billion, while the digital asset market value rose to $1.2 trillion from $796 billion.

Key Points: 
  • Year to date (YTD) AUM increased to $32.6 billion from $19.9 billion, while the digital asset market value rose to $1.2 trillion from $796 billion.
  • "The rising AUM figures show a healthy appetite among investors so far this year for securities backed by digital assets," said Fineqia CEO Bundeep Singh Rangar.
  • The year-on-year data showed a 30% decrease in the total crypto market value compared with the $1.7 trillion on Apr.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Global Digital Asset Based Exchange Traded Products YTD AUM Rose 66%, Outpacing Broader Market

Retrieved on: 
Friday, May 5, 2023
Bitcoin, Ethereum, ETP, Fed, ETF, CSE, ETH, Cryptocurrency, FNQ, Exchange-traded product, Binance, USD, Assets under management, AUM, OTC, Growth, Zorg, BTC, YTD

Year to date (YTD) AUM increased to $32.6 billion from $19.9 billion, while the digital asset market value rose to $1.2 trillion from $796 billion.

Key Points: 
  • Year to date (YTD) AUM increased to $32.6 billion from $19.9 billion, while the digital asset market value rose to $1.2 trillion from $796 billion.
  • "The rising AUM figures show a healthy appetite among investors so far this year for securities backed by digital assets," said Fineqia CEO Bundeep Singh Rangar.
  • The year-on-year data showed a 30% decrease in the total crypto market value compared with the $1.7 trillion on Apr.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

KBRA Releases Research – European CLO Manager Style Comparisons: April 2023 Update

Retrieved on: 
Tuesday, May 2, 2023
Banking, Professional Services, Finance, Diamond, CBAM, KBRA, PGIM, Black Diamond, CLO, Assets under management

KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.

Key Points: 
  • KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.
  • CLO managers are often evaluated on a tiering of their portfolio based on various metrics.
  • But this evaluation method can sometimes produce counterintuitive results and does not always consider a manager’s style and objectives.
  • As part of KBRA’s series examining European CLO manager styles, this report examines cross-metric comparisons that could offer insight on potential strategies employed across the market.

OSNexus Announces Auto-Tiering to the Cloud with Seagate Lyve Cloud

Retrieved on: 
Thursday, April 13, 2023
Cloud, NAB, Assets under management, NFS, SMB, Internet service provider, Computer data storage

BELLEVUE, Wash., April 13, 2023 /PRNewswire-PRWeb/ -- OSNexus, the leading developer of grid-scale software-defined storage, today announced Auto-Tiering to the cloud for its QuantaStor platform in conjunction with Seagate® Lyve™® Cloud.

Key Points: 
  • OSNexus QuantaStor now supports Auto-Tiering to the cloud by enabling a NAS Gateway to the Seagate Lyve® Cloud.
  • Seagate Lyve Cloud provides a simple and efficient S3 compatible object storage solution for mass data storage in the cloud.
  • OSNexus QuantaStor integrates with Seagate Lyve® Cloud to provide additional functionality including NAS Gateway (NFS & SMB), Backup Policies, and now Auto-Tiering.
  • All QuantaStor cloud integration features require no additional QuantaStor license subscription capacity for data stored on the cloud provider such as Seagate Lyve Cloud.

ETFS Capital Nominates Three Highly Qualified Candidates to WisdomTree, Inc. Board of Directors

Retrieved on: 
Wednesday, April 12, 2023
Trigger, Common stock, WisdomTree Investments, ETF, Failure, Nomination, ETC, Assets under management, Capital allocation line, Poison pill, WT, Black Rock, AUM, Digital asset, European, Russell, ETP, Annual general meeting, Letter, Acquisition, NYSE, Compensated emancipation, Financial adviser, Security (finance), Management, Holding company

Despite ETFS Capital being the Company’s largest shareholder, the board of directors (the “Board”) has repeatedly refused to engage with us in any meaningful way since May 25, 2022.

Key Points: 
  • Despite ETFS Capital being the Company’s largest shareholder, the board of directors (the “Board”) has repeatedly refused to engage with us in any meaningful way since May 25, 2022.
  • We consider these to be the actions of a board who is afraid to be held to account by its stockholders.
  • Last year we were successful in initiating these much-needed changes through the addition of two highly qualified new directors with extensive ETF industry experience to the Board - Deborah Fuhr and Lynn Blake.
  • We intend to support these directors again at the Company’s 2023 annual meeting of stockholders (the “2023 Annual Meeting”).

Backlight Creative Extends and Secures Creative Workflows with New Capabilities and Integrations from iconik, ftrack and Gem Product Lines

Retrieved on: 
Thursday, April 13, 2023
Software, Networks, Audio, Video, Data Management, General Entertainment, Mobile Entertainment, Technology, Entertainment, Database, Metadata, Shield, QC, MAM, Assets under management, Nikon, Backlight, CineSync, Flexible, ARRI, NAB Show, Agent, Hedge fund, Game, UX, Ecosystem, RAW, Conference, RED, Television, Online shopping, Video game

Global media and entertainment technology company Backlight announced the latest updates and integrations across the Backlight Creative product lines.

Key Points: 
  • Global media and entertainment technology company Backlight announced the latest updates and integrations across the Backlight Creative product lines.
  • Enterprise-scale organizations or agencies with teams working across multiple projects will benefit from new features delivering increased flexibility and security.
  • Multi-domain Support: It is now possible to use one email address or user account to log in to numerous iconik instances or domains.
  • Today’s announcement highlighting new product enhancements from Backlight Creative follows the March release of Backlight Gem, Backlight’s narrative design platform for interactive storytelling.

FV Bank Names Frank J. Serra as Chief Financial Officer

Retrieved on: 
Tuesday, April 11, 2023
Professional Services, Payments, Technology, Finance, Fintech, Banking, Senior, FV, Banco Popular, Risk management, Trust, Management, Strategic planning, Mile, Assets under management, Assistant, Forecasting, Puerto Rico, Popular, Inc., CFO, Cryptocurrency

FV Bank , the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, has appointed Frank J. Serra as its new Chief Financial Officer (CFO), effective immediately.

Key Points: 
  • FV Bank , the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, has appointed Frank J. Serra as its new Chief Financial Officer (CFO), effective immediately.
  • Serra is a seasoned financial executive with over 26 years of experience and brings his considerable experience in asset management, regulatory compliance, and financial performance management to FV Bank.
  • As CFO, Serra joins the FV Bank executive team and oversees the financial operations of the bank, including reporting, budgeting, forecasting, and strategic planning.
  • "I'm very pleased to have Frank join FV Bank as our new CFO," said FV Bank CEO Miles Paschini.

AUM for Digital Asset Exchange-Traded Products Surged 67% in Q1, 34% Higher Than YTD Asset Prices

Retrieved on: 
Wednesday, April 12, 2023
Ethereum, ETP, ETF, CSE, ETH, Cryptocurrency, FNQ, Trackinsight, Exchange-traded product, AG, Aum, Research, Binance, Assets under management, ETPS, Viacom International Inc. v. YouTube, Inc., AUM, Morningstar, Inc., OTC, Growth, Zorg, BTC, YTD, Bitcoin, USD

The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.

Key Points: 
  • The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.
  • The AUM increase was predicated on the year to date (YTD) rise in the prices of Bitcoin (BTC) and Ethereum (ETH), which increased 71% and 52% respectively, and accompanying capital inflows.
  • Since ETPs holding BTC and ETH jointly account for 93% of digital asset ETP AUM, this high weighting lent itself to the significant rise in AUMs during Q1.
  • That was higher than the 11% rise in the cryptocurrency prices from $1.07 trillion during the same month.

AUM for Digital Asset Exchange-Traded Products Surged 67% in Q1, 34% Higher Than YTD Asset Prices

Retrieved on: 
Wednesday, April 12, 2023
Ethereum, ETP, ETF, CSE, ETH, Cryptocurrency, FNQ, Trackinsight, Exchange-traded product, AG, Aum, Research, Binance, Assets under management, ETPS, AUM, Morningstar, Inc., OTC, Growth, Zorg, BTC, YTD, Bitcoin, USD

The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.

Key Points: 
  • The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.
  • The AUM increase was predicated on the year to date (YTD) rise in the prices of Bitcoin (BTC) and Ethereum (ETH), which increased 71% and 52% respectively, and accompanying capital inflows.
  • Since ETPs holding BTC and ETH jointly account for 93% of digital asset ETP AUM, this high weighting lent itself to the significant rise in AUMs during Q1.
  • That was higher than the 11% rise in the cryptocurrency prices from $1.07 trillion during the same month.