Tag: asset management
Annapurna Finance secures $75m investment from Piramal Alternatives to boost microfinance
Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of USD 75 million (INR 600 crores) in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance.
PNC & TCW forge new path in private credit solutions
The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Generali approves new organisational structure for an integrated insurance and asset...
The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.
How digital onboarding in corporate pensions boosts employee engagement and efficiency
While occupational pension coverage has been widespread in the Western world for decades, comprehension among employees about the benefits remains low.
71% of Investment management firms already use AI in their investment...
A recent report conducted by Mercer in December 2023 – January 2024 surveyed 150 asset management managers from various asset classes. The survey focused...
Navigating the new era of compliance: AI innovations in wealth management
In the latest episode of Napier AI's podcast series, the spotlight shines on the transformative power of automation in the compliance processes within the Wealth & Asset Management sector.
AML within wealth and asset management – major questions resolved
Anti-money laundering (AML) strategies in the wealth and asset management (WAM) sector are undergoing significant transformations to combat financial crimes more effectively.
Bavest secures €1.1m in pre-seed funding to enhance AI-driven FinTech solutions
Bavest, a pioneering B2B FinTech company based in Germany, has announced a significant milestone in its journey with the closure of a €1.1m pre-seed funding round.
Key AML compliance strategies for wealth and asset managers in 2024
In an era where regulatory oversight of the wealth and asset management sector is intensifying globally, the stakes for compliance have never been higher. This sector, pivotal to national economies, plays a crucial role in helping consumers manage their assets and achieve their financial goals. However, its significance also makes it a potential target for misuse by malicious entities aiming to launder money.
Revolutionising wealth management: Introducing KidbrookeONE for unmatched financial analytics
Kidbrooke, which has built a unified analytics platform for investment and wealth management, has released its latest solution, KidbrookeONE.