Asset managers

Private credit investors operating in Australia's property market are demanding greater transparency from asset managers during a period of sector slowdown. Furthermore, private funds themselves are facing investigation by regulators regarding their valuations.

US buyers are acquiring Europe’s asset managers at the fastest rate in decades. European fund groups are reportedly struggling as various firms race to bulk up their operations and expand globally.

Singapore has unveiled tax cuts specifically designed for asset managers in response to a global talent tussle. This action is being noted because it may carry wider ramifications than reforms recently introduced by Hong Kong.

Asset managers primarily invest in crypto through regulated products such as spot ETFs, digital asset funds, tokenized funds, qualified custodians, and blockchain company equity. They focus on providing digital asset exposure within existing brokerage, retirement, and advisory structures for clients rather than their own accounts.

The EU has agreed to reduce ESG reporting requirements for asset managers as part of a broader effort to simplify reporting standards and enhance competitiveness. Authorities spent months revising the ESRS to achieve this goal.

BNY observes that fear of missing out (FOMO) is driving asset managers to invest in tokenized funds. The trend highlights growing interest in tokenized assets within the financial sector.

MoonPay has acquired crypto key manager Sodot and launched an institutional business division led by former CFTC acting chair Caroline Pham. The new division will focus on serving banks, asset managers, and trading firms.

Asset managers and trust banks in Japan are increasing scrutiny during shareholder meetings. The focus is on evaluating corporate governance and financial practices.