Global trading platform Infinox recorded a 61 per cent jump in revenue and a 28 per cent increase in trading volumes to USD553 billion in 2020, as investor demand surged and the company’s international expansion plans bore fruit.
Assets under management at UBP rose by 5.1 per cent to CHF147.4 billion in 2020, with net new money (up CHF8.97 billion) coming essentially from private clients in the Bank’s main markets (Switzerland, the UK, the Middle East, Europe and Asia), benefitting from solid performance in both funds and mandates.
Amber Group, a crypto finance service provider, has recently surpassed USD530 million in assets under management (AUM), a 275 per cent increase from USD142 million AUM reported in 2019.
BITE Investments has made significant progress in 2020 despite the challenges posed by the coronavirus pandemic.
Hong Kong continues to play a leading role as a leading global finance and business centre and is set to continue to do so, with business booming amongst HNW and UHNW Chinese families seeking sophisticated wealth planning solution, reports ZEDRA the fast growing global specialist in corporate, fund and “Active Wealth” solutions.
The PraxisIFM Group has reported a 7 per cent increase in revenue to GBP60.5 million for the year ended 30 April 2020 (2019: GBP56.3m).
FE Investments, a provider of Discretionary Managed Portfolio service has seen assets under management (AUM) rise by nearly 30 per cent so far in 2020 to more than GBP3 billion.
Alternative investment platform CAIS has reported rapid adoption by financial advisers of CAIS IQ, the company’s learning system.
Richard Bernstein Advisors (RBA) has surpassed USD10 billion in assest under management (AUM) at the end of July.
UK-based smart cash platform Flagstone has seen a doubling in demand since the Covid-19 crisis began but insists its 'business as usual'. And the company says it has adequate capacity to welcome even more new customers - despite the recent increase.