Asset Management Stories

Indian Stories

Asset Management stories

Bank of America buys stake in Jio Credit for India push

The US lender's move gives it a bigger foothold in India's fast-growing non-bank finance market as Jio Credit seeks fresh capital.

By Karen Joy Bacudo • 4 min read • Last week

Global Stories

Asset Management stories

Fleet Management

Meijmat buys first Grove five-axle crane for fleet

Fleet modernisation at the Dutch rental firm is set to broaden lifting options, with a new five-axle crane for crawler and construction work.

By Sofiah Nichole Salivio • 3 min read • 2 days ago

Crypto

Fasset raises USD $68 million in Series C led by SBI

The valuation lifts Fasset into the ranks of privately held fintechs worth more than USD $1 billion as it expands cross-border settlement.

By Karen Joy Bacudo • 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

Venture Capital

Northleaf closes USD $450 million asset-based fund

The close gives Northleaf fresh firepower to back specialist receivables and royalty deals as private credit firms hunt for new income sources.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

Bloomberg brings ASKB AI to mobile with cross-device sync

Cross-device continuity should help investors keep ASKB queries going on the move, with the same context and personalisation on mobile.

By Mark Tarre • 4 min read • Last week

Supply Chain

Manitowoc warns against generic crane replacement parts

Cheaper non-original components could leave crane owners facing downtime, invalid load charts and greater liability, the manufacturer said.

By Mark Tarre • 4 min read • Last week

Stories from Other Regions

Asset Management stories

Software-as-a-Service

Boosted.ai launches Alfa Prime for institutional partners

Limited access and bespoke setups mean Alfa Prime will be tailored to a handful of funds, rather than rolled out broadly.

By Karen Joy Bacudo • 4 min read • Today

Risk & Compliance

New Zealand distributors eye grid upgrades as demand rises

Rising electrification is forcing New Zealand distributors to prioritise grid resilience, data and investment planning as demand outpaces upgrades.

By Mark Tarre • 4 min read • 2 days ago

Risk & Compliance

Ohakune water outage raises questions internal review can't answer, councillor says

Residents of the Ruapehu town were left without taps for nearly three days after a pipeline break went undetected, prompting calls for outside scrutiny.

By Local Democracy Reporter • 3 min read • Last week

Risk & Compliance

Southland council accused of breaking flood work promises

Residents could face weaker flood protection after a former chief financial officer accused Environment Southland of failing to deliver promised work.

By Local Democracy Reporter • 3 min read • Last week

Smart Cities

Southeast Asia and its energy investment bottleneck

The region's clean power shift is being slowed less by missing kit than by financing and operational hurdles that stall adoption at scale.

By William Temple • 5 min read • Last week

Risk & Compliance

Austroads revises batter slope guidance for road design

Drivers may face safer roadside recovery and easier upkeep, as revised advice broadens batter slope decisions beyond geotechnical stability.

By Sean Mitchell • 4 min read • Last week

JLL

JLL launches new office grade for Shanghai premium towers

Occupiers in Shanghai are increasingly paying up for offices that offer stronger tenant experience and flexibility, as JLL redraws the top-tier market.

By Sofiah Nichole Salivio • 4 min read • Last week

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

Fintech

Siebert & Unusual Whales to launch data-driven ETFs

Investors could gain access to political trading and options data through a proposed ETF range, though strategy details and filings are still undisclosed.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

Regional Victorian councils launch shared cloud model

The three councils expect the shared platform to cut admin work and bolster service consistency as local governments face tighter budgets and bigger demands.

By Mark Tarre • 4 min read • Last week