Investment Management Stories

Canadian Stories

Investment Management stories

TD Asset Management launches global real estate vehicle

Canadian accredited investors gain access to a global real estate strategy as TD Asset Management widens its private markets push with iCapital Canada.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Investment Management stories

Digital Transformation

Emergn launches Praxis to curb failing AI projects

Large firms are risking an average 2.4% of annual revenue on failed transformation and AI work as board visibility stays poor.

By Sofiah Nichole Salivio • 4 min read • 2 days ago

Digital Transformation

North American fund managers boost currency hedging

Losses from unhedged foreign exchange exposure have pushed almost all North American fund managers to hedge forecastable currency risk.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

Databricks tops USD $7 billion run-rate after funding

Investor demand for private AI software remains strong as Databricks hits a USD $7 billion revenue run-rate and a USD $190 billion valuation.

By Mark Tarre • 4 min read • This month

Data Analytics

WRISE launches AI Labs with HKD $30m & new scientist

The wealth manager will use the funds to build AI tools for advisers and client service, as firms race to lift productivity and engagement.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Software-as-a-Service

Hadrius raises USD $27 million to boost AI compliance

The funding will help regulated finance firms monitor rapidly growing communications and trading data as AI-driven compliance risks intensify.

By Karen Joy Bacudo • 3 min read • Last month

Software-as-a-Service

Harvey acquires Benchmark to boost asset management

The move gives Harvey a deeper foothold in asset management software as it pushes further into the investment process, with no deal terms disclosed.

By Mark Tarre • 3 min read • Last month

Software-as-a-Service

Rogo appoints Joe Xavier as Chief Technology Officer

The hire signals Rogo's push to expand in finance, with annual recurring revenue up more than 50% and 100 new customers last quarter.

By Joseph Gabriel Lagonsin • 3 min read • Last month

Stories from Other Regions

Investment Management stories

Fintech

Mercury launches two cash funds with Morgan Stanley

Startups can now earn higher returns on idle balances as Mercury adds exclusive fund options from Morgan Stanley and State Street.

By Karen Joy Bacudo • 4 min read • Last week

Digital Transformation

DriveWealth & IOL launch digital private banking in Uruguay

Affluent Uruguayan investors can now access global markets through a single app, as IOL Privé combines advice, planning and trading.

By Karen Joy Bacudo • 3 min read • Last week

Productivity

Amplify & Ned Davis Research launch managed portfolios

Advisers will gain access to Ned Davis Research models across multiple custodians, while Amplify handles trading, rebalancing and reporting.

By Karen Joy Bacudo • 4 min read • This month

Software-as-a-Service

Ansarada unveils OS Bondi for secure M&A, due diligence

Deal teams will save time on due diligence as Ansarada's OS Bondi spots duplicate questions while keeping sensitive data inside its secure platform.

By David Shilovsky • 4 min read • This month

Fintech

Allvue launches GP Accounting for private capital firms

The new software aims to cut reliance on spreadsheets and curb reconciliation errors as private capital firms juggle carry, ownership and compensation.

By Karen Joy Bacudo • 4 min read • This month

Software-as-a-Service

Balance Theory raises USD $19m in Series A funding

Boards are pressuring security chiefs to prove returns as the Columbia, Maryland firm expands a platform that manages more than USD $1 billion in spend.

By Sean Mitchell • 4 min read • This month

Software-as-a-Service

GrowIt taps Modern Treasury for real estate payments

Real estate sponsors could cut manual fund handling as the platform adds account, reconciliation and distribution tools across ACH, RTP, FedNow and wires.

By Karen Joy Bacudo • 4 min read • Last month