Just because you’ve got that TGIF feeling, it doesn’t mean the world of asset management is taking a chill pill today. There’s plenty of financial news to keep you ready and alert as if you’ve just turned on your device on a Monday morning. Learn about the success of the sector’s next generation, how firms are becoming more diverse in the workplace, and how FinTech start-ups continue to grow.
The Next Financial Generation: From Door Knocks to Top Jobs
“How’d You Get So Rich?” – we recommend following in Reggie Nelson’s footsteps (and door knocks!) After using Google to locate the “richest area in London”, teenager Reggie tapped for success at the source in Kensington and Chelsea for ladder-climbing advice. This is what happened next…
Top Financial Services Firms Join ‘The Diversity Project’
Citi and JPMorgan are among 12 top investment and financial companies to join the fast-growing initiative, aiming to boost the sector’s level of diversity. Sponsored by non-profit National Investment Company Service Association (NICSA), board members are going right to the top and getting leaders involved.
FinTechs Selected in Asset Management Programme
The Investment Association (IA) has announced the five FinTech firms that have been chosen to join its new asset management programme. 9Fin, Essentia Analytics, Hivemind, ResonanceX, and Util will benefit from, machine learning AI, and behavioural analytics to enhance client communications and experience.
Schroders’ New Scheme to Fund Rising FinTechs
Multinational asset management company, Schroders, is not only funding FinTech start-ups – they’re literally opening their doors to give them office space! A recent investment in Qiwi Messenger marks the firm’s first collaboration to put their residency programme into motion. The new Cobalt funding programme aims to boost new tech businesses.
Say Hi (or AIAHA) to the AI Augmented Human Adviser
If there aren’t enough advisers to service their clients’ needs, isn’t FinTech the new natural answer? Big brands like Apple and Amazon use AI machine-learning tools to evolve their business – so all asset management firms should follow suit, right? Wealth Wizards’ Business Development Director, Simon Binney, highlights the benefits.
Top Dogs at Top Banks Comply with #MeToo Too!
The banking world has been rocked by the #MeToo campaign – causing traditional-minded members to shake off the ‘boys club’ culture and take a long hard look in the mirror. As a firm’s inappropriate behaviour can result in plummeting stocks, any offensive language, activities, or market abuse is getting a long-awaited clamp down with compliance.
Sources: The Independent, Bloomberg, Funds Europe, FinExtra, Global Banking & Finance Review, Financial News
Learn more about the financial news that affects you by attending our November conferences, including The Summit for Performance, Risk & Attribution (SUPRA) and Client Reporting & Communications Forum (CRC) in London, plus TSAM Boston in the US.