asset management News
Latest articles and news about asset management on AXL Media.
Latest Articles
- Starwood Capital Halts Redemptions for $22B Fund to Protect High Tier Assets
Published: May 1, 2026
Section: Commercial Properties
Starwood Capital Group has officially suspended redemptions for its flagship 22 billion dollar Starwood Real Estate Income Trust (SREIT) to preserve liquidity. The decision, announ...
- United Capital Profits Surge 66% as Quarterly Revenue Hits N17.2 Billion Milestone
Published: Apr 28, 2026
Section: Africa
United Capital Plc reported a significant 66.2% increase in net profit for the first quarter of 2026, driven by robust fee income and gains on financial assets. The financial servi...
- Beyond $1.5 Trillion: Private Capital Reshapes Life Insurance Through Integrated Flywheel Models and Strategic Convergence
Published: Apr 24, 2026
Section: Mergers & Acquisitions
The convergence of private capital and the life insurance industry has reached a massive scale, with assets hitting $1.5 trillion in 2025 following a decade of 20% annual growth. W...
- Zerodha Backed Rainmatter Injects Rs 19.5 Crore Into Wealth Tech Startup PrimeInvestor to Expand Portfolio Services
Published: Apr 22, 2026
Section: FinTech Business
PrimeInvestor has secured $2 million in its first external funding round led by Rainmatter to scale its newly launched discretionary portfolio management services. The investment i...
- AccessARM Pensions CEO Signals Early Compliance with National Pension Recapitalization Mandate
Published: Apr 20, 2026
Section: Africa
Acting CEO Abimbola Sulaiman has confirmed that AccessARM Pensions is on track to meet new industry capital requirements before the end of 2026. Following its late 2024 merger, the...
- PSG Financial Services Issues Urgent Growth Warning Despite Posting Robust R36 Billion Results
Published: Apr 17, 2026
Section: Africa
PSG Financial Services has cautioned that South Africa must transition from crisis management to a long term integrated economic plan to ensure sustainable growth. While the R36.1...
- Ninety One Retains Top Spot as South Africa’s Largest Asset Managers Are Ranked
Published: Apr 9, 2026
Section: Africa
The latest Alexforbes Manager Watch survey identifies Ninety One as the premier asset manager in South Africa with over R900 billion in local assets. The report highlights a signif...
- Citadel Offshoot Freestone Grove Quietly Doubles Assets to $6 Billion Amid Market Volatility
Published: Apr 8, 2026
Section: Investing
Freestone Grove, an equities-focused hedge fund founded by former Citadel executives, has successfully doubled its assets under management and staff since its 2024 launch. Despite...
- Custodian Investment Hits N1 Trillion Asset Milestone Following Strategic Acquisition of Quest Merchant Bank
Published: Apr 7, 2026
Section: Africa
Custodian Investment Plc achieved a 155 percent surge in total assets during the 2025 fiscal year, surpassing the N1 trillion mark. The investment holding group attributed this gro...
- Blackstone Secures $3.8 Billion Stake in Rowan Digital Infrastructure for Data Center Dominance
Published: Apr 3, 2026
Section: Companies & Industry
The world’s largest alternative asset manager, Blackstone, has reached an agreement to acquire a 49% stake in the Denver-based data center developer Rowan Digital Infrastructure. T...
- Sasfin Wealth Rebrands as Otto1890 Following JSE Delisting and Total Exit from South African Banking Sector
Published: Mar 25, 2026
Section: Banking & Finance
Historic financial giant Sasfin Wealth has officially rebranded as Otto1890, honoring its 136-year heritage as the broader Sasfin Group relinquishes its banking license and exits t...
- Pearl Abyss Launches Global Asset Audit After AI Generated Content Discovered in Crimson Desert Release
Published: Mar 24, 2026
Section: Online Gaming
South Korean developer Pearl Abyss has initiated a comprehensive internal review following the accidental inclusion of AI generated art within its newly launched title, Crimson Des...