Digital assets have emerged as a major area of focus for institutional investors with over 80% of endowments and foundations expecting to increase their investments in cryptocurrencies and other digital assets this year, according to a recent survey.
J.P. Morgan’s Securities Services business announced today the launch of “Fusion by J.P. Morgan,” a data platform that delivers end-to-end data management and reporting solutions for institutional investors.
Germany’s Allianz said on Wednesday it would set aside another $2 billion as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its funds arm.