As the historically paper-based wealth management industry undergoes a long-awaited digital transformation, mass affluent customers are now open to a wider range of providers managing their investments.

Alternatives will offer investors the most effective downside protection over the next 10 years, according to Smith & Williamson Investment Management’s Managed Portfolio Service (MPS). 

Objectway, Global Top 100 fintech leader in the Digital Wealth and Asset Management software, announced today the acquisition of Die Software Peter Fitzon GmbH, a primary German provider of banking solutions.   

AJ Bell’s latest survey of over 300 financial advisers has found that three quarters of advisers say that they have had their clients ask them about investing in cryptocurrency and that 26 per cent of advisers have said that their clients hold cryptoassets.

American Century Investments and Nomura Asset Management have launched the American Century U.S. Focused Innovation Equity UCITS (ISIN: I USD IE0006AEA9Y8), a sub-fund of Nomura Funds Ireland Plc, that is now available to investors in Europe. 

abrdn has concluded a deal to buy Exo Investing from Nucoro for an undisclosed sum. The acquisition will help abrdn develop an industry leading technology solution for investors, powered by the Nucoro Platform, states the company. It is expected to complete in Q4 2021.

Nearly two thirds (62 per cent) of private client advisers expect high-net-worth individuals to be charged more income tax over the next 12 months, with three fifths (60 per cent) also anticipating a rise in wealth taxes as governments start repairing their countries’ economies in the wake of Covid-19, according to a new global study commissioned by Ocorian, a global leader in corporate and private client services, capital markets and fund administration. 

AJ Bell Investcentre, one of the UK’s leading adviser platforms, has added Tatton to its panel of third-party Discretionary Fund Managers (DFMs). Tatton is one of the largest and most widely used DFMs in the market and has been added to AJ Bell Investcentre, the firm says, in response to significant demand from financial advisers.

Investment holding company MBH Corporation’s latest research shows that employee satisfaction platforms, such as Glassdoor, will play an increasingly important role for investors assessing ESG credentials at smaller firms.

Lenders have continued to improve their lifetime mortgage ranges in July, according to the latest analysis from Moneyfacts.co.uk.