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Asset management industry technology not fit for purpose

The investment management industry continues to be over-reliant on technology that is not fit for purpose, according to a report by SimCorp.

Worldwide growth in risk IT and services forecast as financial firms ramp up defences

Global spending on risk information technologies and services (RITS) will reach $78.6bn in 2015, according to study by IDC Financial Insights.

Berkshire Hathaway Speciality Insurance offers asset management liability insurance

Berkshire Hathaway Specialty Insurance (BHSI) is offering professional asset management liability insurance.

Financial news analysis platform helps investors spot opportunities

Technology and financial data services company Monitr has launched its financial market news analysis platform and service.

Private wealth inflows boost hedge fund assets to $2.9trl in first half 2014

Overall managers are optimistic about prospects for the rest of 2014 after sustained, if modest, growth in the first six months, according to a survey of hedge fund managers by Preqin.

Geopolitical risk and volatility boost opportunities in selected emerging markets

Emerging markets and selected high yield debt may offer opportunities in the current environment of heightened geopolitical risk, according to a report from Standish Mellon Asset Management.