NEW YORK, April 11 (Korea Bizwire) — According to a new Nasdaq survey of 500 financial advisors who are currently or considering allocating to crypto, 72% of advisors would be more likely to invest client assets in crypto if a spot ETF product were offered in the United States. Among advisors already investing in crypto, 86% expect [...]
LONDON, April 11 (Korea Bizwire) — The Financial Times’ Private Wealth Management (PWM) magazine recently hosted a virtual panel discussion on the impact of global risks on countries with Citizenship by Investment (CBI) programmes. As part of its PWM Perspectives series, the four-part panel discussion shares the views and insights of notable experts from major due diligence [...]
SHANGHAI, China, April 6 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, is pleased to announce that medical (re)insurance provider AXA Life & Health Reinsurance Solutions is using Verisk’s Health Risk Rating Tool to provide its insurance partners in China the ability to offer automated health insurance underwriting decisions that are [...]
SAN FRANCISCO, April 6 (Korea Bizwire) – Turn/River Capital, a leading technology growth equity and buyout firm, announced today that it has successfully raised its fifth fund, Turn/River Capital V (“Fund V”). The oversubscribed Fund V closed at its $1.35 billion cap with strong support from all current investors, as well as a select number of [...]
SAN FRANCISCO, April 1 (Korea Bizwire) — Global Heritage Fund announces that Patrick Franco will assume full-time leadership as Vice Chairman to accelerate strategic expansion activities. Global Heritage Fund, an international non-profit organization, invests in cultural heritage to advance sustainable economic development and provides emergency response to cultural heritage during crises. Mr. Franco has extensive experience as a strategic advisor and [...]
TORONTO, March 30 (Korea Bizwire) – Reported diluted earnings per share of $0.18 Mutual fund net sales of $330 million for the quarter Announces increase in quarterly dividend from $0.09 to $0.10 per share AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 28, 2022. [...]
BOULDER, Colo., March 24 (Korea Bizwire) – Markd, a new insurtech VC firm, announced today the close of its $100M debut fund. The $100M vehicle will be used to fund early- and growth-stage startups with the potential to propel the digital transformation of the insurance industry. Anchor investors in Fund 1 include Markd founder and managing [...]
BOSTON, March 23 (Korea Bizwire) — According to Verisk Extreme Event Solutions (formerly AIR Worldwide), insured losses to properties from the March 16 M7.3 earthquake that struck offshore the island of Honshu, Japan, will be between JPY 240 billion (~USD 2 billion) and JPY 490 billion (~USD 4 billion). Of that, between JPY 50 billion [...]
Paris, France, March 16 (Korea Bizwire) – Jeito Capital (“Jeito”), a leading independent private equity firm dedicated to biotech and biopharma, today announces that it has co-led an investment of €80 million in Precirix, a clinical-stage biotechnology company developing precision radiopharmaceuticals in oncology. The Belgian biotech company was created in 2014 as a spin-off from the Vrije Universiteit [...]
LONDON, March 10 (Korea Bizwire) — Emerging Markets Global Advisory Limited (EMGA), the niche investment bank focused on emerging markets, announces today another landmark Senior Debt capital raise transaction that will allow BTG Pactual to continue the expansion of its small and medium-sized enterprise (SME) lending activities in Brazil. The US$200 million debt facility was [...]