From risk management to regulatory reporting and trading and execution to cybersecurity and compliance, technology is playing an increasingly crucial role in the investment and asset management space. And at GFM, we want to salute the key players who are delivering outstanding tech-based products and services to the industry with the new GFM FundTech Awards.
Eastspring Investments, the USD146 billion Asian investment management arm of Prudential, is to invest an undisclosed amount in Watsun Infrabuild Private Limited, a wholly owned subsidiary of Continuum Wind Energy.
UK private equity investor LDC has exited its investment in international hosting group UK2 in a sale to The Hut Group (THG), one of the world’s largest online health and beauty retailers and brand owners.
The industry is likely to experience the largest competitive re-alignment in asset management history through merger and acquisition activity from 2017 to 2020, according to a whitepaper from asset management strategy consultancy Casey Quirk, a practice of Deloitte Consulting.