Nvidia signs MoU with Apollo, Blackstone, BlackRock and others for $500bn infrastructure financing
The world’s largest asset managers will raise $500bn in third-party capital to build “AI factories”.
Studies
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Malaysia’s rich are among the highest adopters of AI for finance – HSBC survey
More than half value a hybrid approach combining AI with the expertise of financial professionals when making decisions.
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Asset managers moving AI from back-office to investment process
According to insights from 225 technology leaders.
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AI ‘reshaping client relationships’ as expectations grow
‘Meaningful AI budgets’ now expected, according to a survey.
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Equity funds experience largest outflows since Autumn Budget as Burnham takes over
Investor uncertainty over economic policy has led to millions being pulled from equity funds
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Morningstar: China leads sustainable fund launches in Asia ex-Japan
Singapore and Hong Kong continued to record positive net flows despite overall regional outflows.
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Vanguard: Global dividend distribution rises 8% despite challenging macro environment
Europe and the UK dominated dividend distributions in the second quarter.
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Affluent HK and China investors adjust return expectations – DBS survey
Wealthy investors are also broadening their portfolios for long-term growth.
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Fidelity: Apac investors turn to digital assets
Investors increasingly see Bitcoin as a potential long-term allocation within a diversified portfolio.
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Asian investors rotate into equities as bond flows turn negative: Calastone report
Multi-asset funds remained the strongest-performing asset class during the first half of this year.
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Apac will remain asset management’s growth engine: Broadridge
The region will enjoy organic growth, fuelled by an expanding middle class and pension reforms.
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Central banks diversify amid stagflation fears – UBS AM survey
However, reserve managers still expect strong global equity market performance, according to the latest UBS Asset Management survey.
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Morningstar: The opportunity cost of ignoring the US is enormous
Large institutional asset owners identified concentration risk, sustainable investing and diversification as core themes for the year ahead.
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Mercer finds AI now used by majority of asset managers in investment process
Industry has moved ‘beyond experimenting with AI’.
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Apac investors hold more than half of wealth in cash: Fidelity study
Asia Pacific retail investors are missing out on growth sitting mostly in cash, according to a Fidelity International study.
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Janus Henderson survey: barriers to using AI for investing
Two-thirds of investors are concerned about an AI bubble in the next 12 months, according to the Janus Henderson investor survey.
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Private credit funds see pickup in distressed loans: MSCI
Private credit funds have written down over 10% of their loans by more than half, according to a report from MSCI.