A hedge fund is a set of pooled investments, collected from a number of underlying investors – either wealthy individuals or institutional investors such as pension funds, insurance companies or sovereign wealth funds. In this sense, they’re like many other investment funds. They invest in a range of different assets, from stocks and bonds to
HMRC introduced the rules in April to collect more data on business owners as part of its mission to close the tax gap. Small businesses account for 62pc of the UK’s £59.2bn in uncollected tax. But the ATT said HMRC’s published guidance on the rules could cause confusion for business owners. In its notes accompanying
KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has won six regional and international wealth management awards as it accelerates its wealth management transformation strategy. In a statement, the bank said HLB Private Bank was named Best Private Bank/Wealth Manager in Malaysia and Singapore at the WealthBriefingAsia Awards, while HLB Priority won Best Bank/Wealth Manager for
A compromise between Todd Blanche and two Republican senators that potentially cleared the way for Blanche’s confirmation as attorney general is weak, Democrats and several experts said, as it makes promises Donald Trump can easily reverse. Blanche, the acting attorney general, posted two documents on Sunday evening showing he was withdrawing an 18 May order
Wednesday 05 August 2026 6:00 am | Updated: Tuesday 04 August 2026 2:56 pm Marianna Hunt is back to answer your burning personal finance questions Got a question for our expert? Email asktheexpert@cityam.com Fidelity personal financial specialist Marianna Hunt is back on hand to answer your burning questions, and today a reader is looking to avoid
Tuesday 04 August 2026 2:00 pm INTX Insurance Software today introduced Tenet, the industry’s first native Intelligence Layer for the (Re)Insurance Operating System. Embedded directly within the unified INTX platform, Tenet brings contextual intelligence to every stage of the (re)insurance lifecycle—helping (re)insurers move beyond task automation to intelligent decision-making. Embedded across the INTX platform, Tenet
Leopold Aschenbrenner’s Situational Awareness hedge fund lost approximately 67% in July after a sharp decline in AI infrastructure stocks triggered margin calls and forced the firm to sell most of its public portfolio to Citadel. The fund’s assets reportedly fell from around $45 billion at the beginning of July to roughly $10 billion after the
What Is Fund Tokenisation, And Why Does It Matter? Tokenisation means recording ownership of a traditional financial asset, such as fund shares or Treasury bills, directly on a public blockchain rather than solely in a conventional database. Supporters argue this can make settlement faster and record keeping more transparent, though the underlying assets themselves, cash
By Milan Rojan Today API Automation Core Banking HDFC Bank has deployed the Infosys Finacle Wealth Management Solution as part of its digital transformation strategy, replacing legacy systems with an API-driven platform designed to streamline domestic and offshore wealth operations. The implementation has enabled the bank to consolidate multiple systems onto a unified platform, supporting
HDFC Bank, India’s largest private-sector lender, has modernised its wealth management technology by deploying Infosys Finacle’s wealth management platform. It replaced legacy systems with an API-driven architecture as it focuses on digital wealth services to meet rising demand from affluent and high-net-worth customers. The implementation brings the bank’s domestic and offshore wealth operations onto a