Author: Charlotte

Private markets investment firm Hamilton Lane has held the final close of its sixth direct equity fund, raising $3.8 billion in total commitments for its Direct Equity strategy in and alongside Hamilton Lane Equity Opportunities Fund VI, or EO VI. The fundraising marks the firm’s largest direct equity fund to date and reflects continued investor appetite for middle-market buyout exposure. The prior vintage, Hamilton Lane Equity Opportunities Fund V, closed at $2.1 billion. EO VI seeks to provide investors with diversified exposure to middle-market buyout opportunities through Hamilton Lane’s global Direct Equity platform. Investors in the fund include public pensions,…

Infrastructure design is being redefined by agentic AI, pushing the industry toward system-level AI infrastructure optimization, balancing performance and cost across diverse workloads rather than focusing on faster chips alone. As inference scales and AI moves closer to users, modular, heterogeneous computing architectures are becoming the foundation of the next wave of enterprise AI. Agentic AI is introducing complex, end-to-end workloads that are compelling Advanced Micro Devices Inc. to architect and implement its infrastructure more holistically than ever before, according to Mark Papermaster (pictured), chief technology officer and executive vice president of Advanced Micro Devices. “The workloads are so complex…

Author:James Cannings, Sam Hartshorn, Maike Halterbeck, Marina Symington and Dr Gavan ConlonPublished: 9 July 2026Every 10 international students generate £1 million in net economic benefit for the UK, according to new research.International students who began higher education courses in the UK in 2024/25 are expected to generate a net economic benefit of £40.4 billion for the UK over the course of their studies, according to a major new report published today by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways.The report, The benefits and costs of international higher education students to the UK economy, produced by London Economics, finds that the 404,500…

Luxury home sales grew 27.1% to 89 units.Hong Kong’s residential market extended its positive momentum in May, led by continued strength in the luxury segment and robust primary sales activity, according to Knight Frank.Knight Frank said 89 luxury residential transactions above HK$50 million were recorded during the month, up 27.1% from April, highlighting resilient demand for prime homes.For the first five months of 2026, residential transaction volume reached 33,160 units. Primary sales totalled 10,556 units, up 56.3% year-to-date and significantly outperforming secondary sales, which increased 14.6% to 22,604 units. Knight Frank attributed the stronger first-hand market to developers launching new…

SBI Funds Management Limited (SBI Funds Management), India’s largest asset management company by QAAUM has filed its Draft Red Herring Prospectus (DRHP) ahead of its upcoming IPO. As the investment manager to SBI Mutual Fund, the company holds a leadership position across the mutual fund, portfolio management, and alternative investment space in India. This analysis provides a comprehensive review of the company’s DRHP, covering the IPO structure, business operations, market position, financial performance, competitive strengths, key risk factors, and peer comparison to help investors better understand the proposed public issue. SBI Mutual Fund IPO Overview SBI Funds Management Limited’s IPO…

Nium has acquired Cypher to further develop Nium as the core infrastructure layer for compliant money movement and value exchange that bridges fiat and digital assets. The acquisition brings together Nium’s cross-border payments infrastructure and Cypher’s crypto-native non-custodial wallet and issuing capabilities, Nium said in a Wednesday (July 8) press release. The combination will help Nium build and scale products for crypto-native users and deliver products that serve this customer segment while retaining the security, compliance and reliability of its existing global payments infrastructure, according to the release. Nium has seen growing demand for card issuing, global money movement infrastructure…

AustralianSuper, Australia’s largest pension fund, boosts India infrastructure bet to A$3.3bn !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link

– Advertisement – China is pursuing a development model that combines economic growth with carbon reduction by encouraging the adoption of new-energy vehicles through a mix of incentives and restrictions on conventional fuel-powered cars, a Chinese scholar said on Wednesday, July 8, 2026. Speaking during the Global Development Initiative-International Media Youth Training Programme, Xiong Li Li, a professor at the University of International Business and Economics, said the country’s green transition is designed not to slow economic development but to make it more sustainable. Xiong Li Li, addressing journalists Addressing journalists from the Global South countries, Xiong said China has…

Azeem Azhar’s Exponential View has released a timely and rigorous new report, The State of the AI Economy (June 2026). Its core message is clear and important: the generative AI market has moved beyond speculative hype around chips, data centers, and model training. It is now a real, measurable economy driven by genuine customer spending and adoption. Real Revenue, No Double-Counting The report reconstructs the AI economy from the bottom up, carefully removing double-counting that inflates headline numbers. Over the past 12 months, the global generative AI ecosystem (excluding China) generated $110 billion in real revenue. On an annualized basis, the current run…

Home > Fintech > SS&C to link tokenised funds with digital cash Binaya Dahal Journalist 9 July 2026 SS&C Technologies has announced plans to expand offerings in tokenised funds, which the company says are “becoming another mainstream investment structure alongside mutual funds and ETFs”. The US-based financial software provider on Wednesday said the expansion would introduce digital cash settlement for tokenised investment transactions through regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. Designed to support future atomic settlement, the firm expects the enhancement to reduce settlement risk, improve operational efficiency and simplify cross-border investment transactions as…