Wealth and Asset Management Report Predicts Blockchain Use by 2021
A new report from Roubini ThoughtLab has found that over the next five years blockchain use is set to grow by 43 percent. Teaming up with a coalition of leading organizations from the wealth industry, Roubini ThoughtLab conducted a study, titled Wealth and Asset Management 2021: Preparing for Transformative Change. The research looked at extensive....
Related News
There is going to be a big shift by 2021 such that the convergence of technological, economic, and demographic trends will transform the wealth industry and unlock immense global wealth across a diverse universe of investors. This is according to a study by Roubini ThoughtLab, an independent thought leadership consultancy, in a white paper produced in conjunction with Bank of Montreal, Broadridge, CFA Institute, Cisco, eToro, Schroders, SEI, and State Street. It is titled Wealth and Asset Management 2021: Preparing for Transformative Change. [PDF] “Indeed, our research shows that a....
A new survey has found that nearly two-thirds (64%) of asset managers expect to using blockchain technology within the next five years. Conducted by consultancy Roubini ThoughtLab, the findings are part of a report entitled "Wealth and Asset Management 2021", a broad research offering that aimed to study how investment providers are embracing new technologies. When asked about technology-enabled investment tools, 39% indicated that they expect blockchain will form a part of next-generation digital wealth management platforms, though it was not the fastest-growing technology among....
JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,” said the CEO of J.P. Morgan Asset & Wealth Management. A Lot of JPMorgan Clients Consider Cryptocurrency an Asset Class Mary Callahan Erdoes, J.P. Morgan Asset & Wealth Management’s CEO, talked about her firm’s approach to cryptocurrencies in an interview with Bloomberg Wealth, published Tuesday. JPMorgan Chase’s asset and wealth management line of business....
YIELD App, a FinTech company and digital asset wealth management platform, has published its Q3 report, showing the firm continuing on a strong growth trajectory over the third quarter of 2021, which saw it double its managed assets and strike a high profile partnership with Premier League football club, West Ham United. The quarter saw YIELD App’s managed assets increase by 107% from $163.6 million at the end of June 2021 to $339.4 million by the end of September, marking a bold first nine months for YIELD App following its beta launch in December 2020 and public launch in....
The giant corporation Morgan Stanley, a multinational financial service provider who focuses on wealth & asset management, has recently released a paper on blockchain technology. The report titled Global Insight: Blockchain in banking – disruptive threat or tool? explains the protocol will be a disruptive economic tool in the future. Despite knowing this, the firm says it will be quite some time before it affects legacy institutions. Global Insight is directed mainly at “sophisticated investors only” and gives a detailed description of a vast array of market analysis and financial....