News in Numbers

Futu has revealed that the amount of AuM under its wealth management division has topped $10bn. Clients in Singapore and Hong Kong can access bonds, mutual funds, private funds, and structured notes through Futu.

Canoe Intelligence has completed its Series C funding round of $36m, led by Growth Equity at Goldman Sachs Alternatives with aid from existing investors.

In 2023, wealth growth across the world was 4.2% compared to the 3% contraction in the previous year. This was driven by wealth growth in Europe, the Middle East and Africa, EMEA, (4.8%), as well as Asia Pacific, APAC, at 4.4%. 

Osaic has extended its 35-year cooperation with BNY Pershing. Since the company’s establishment in 1988, BNY Pershing has collaborated with Osaic, a major provider of wealth management solutions.  

While in Guernsey, His Majesty King Charles III had a meeting with a group of specialists in sustainable finance. The King and delegates from the Sustainable Markets Initiative were briefed on Guernsey’s position as an innovator and trailblazer in the realm of sustainable finance.