China is seen as the jewel in the asset manager’s crown after foreign ownership restrictions in the industry were relaxed in April. Global firms including BlackRock, Fidelity International and Vanguard have applied to set up wholly-owned mutual fund units in China, hoping to tap the country’s fast-growing USD2.6 trillion retail fund market.

Copper.co, a London-based digital asset infrastructure provider, has launched CopperConnect – a dedicated decentralised finance (DeFi) tool for crypto institutions.  

The Street Global Investor Confidence Index increased to 90.7 in November, up 10.6 points from October’s revised reading of 80.1. 

SEB, a leading Nordic corporate bank, has launched a new ESG assessment methodology that quantifies how environmental, social and governance (ESG) factors affect companies’ financial performance, with universally positive early feedback from institutional investor clients.

A new survey of institutional investors in Germany and the US who collectively manage EUR44.37 billion of assets, reveals 80 per cent believe the German Government has delivered a much more comprehensive package to support its economy and jobs than other major nations.

Legal & General Investment Management (LGIM) has passed GBP100 billion in defined contribution (DC) assets under management (AUM).

Zug-based Asset and Currency Manager QCAM Currency Asset Management has launched FX BIAS, a new trading strategy that is based on business climate surveys and is offered to investors via a UBS certificate.  

The European asset management industry is back on track for another year of growth, according to industry body The European Fund and Asset Management Association (EFAMA) – with assets under management rebounding strongly after being hit by the coronavirus crisis in the first quarter of 2020.

Union Investment (Union), one of the leading fund management companies in Germany, has adopted PORT Enterprise, Bloomberg’s advanced portfolio and risk analytics solution, to streamline its portfolio management workflows. 

Arden Partners, an AIM listed institutional stockbroking company has made a number of new appointments to support the anticipated growth of its business.