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Author: Charlotte
The wealth management industry is at a crossroads. Years of layering modern technologies atop legacy systems have created a paradox: more tools, less connection. Advisors are juggling disparate systems, creating friction instead of efficiency.
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Visa used its annual Payments Forum in San Francisco this week to lay out a clearer picture of how it sees the next generation of commerce taking shape — and where its infrastructure fits. The message from chief product and strategy officer Jack Forestell was direct: AI is transforming the front end of commerce, stablecoins are reshaping the back end, and Visa’s job is to make both work securely at global scale.AI agents as a payment categoryThe most forward-looking set of announcements concerned AI agents. Visa is building tools specifically designed for an environment where autonomous agents initiate and complete…
Equity mutual fund inflows declined 40% month-on-month to Rs 22,907 crore in May from Rs 38,440 crore in April. However, on a year-on-year (YoY) basis, inflows rose 20% from Rs 19,013 crore in May 2025.Among the 11 sub-categories, flexi cap funds remained investors’ favourite, attracting the highest inflow of Rs 5,175 crore in May, compared with a record-high inflow of Rs 10,147 crore in April.Small cap funds received inflows of Rs 4,945 crore, followed by mid cap funds at Rs 4,385 crore. On a month-on-month (MoM) basis, inflows into small cap and mid cap funds declined by 28% and 33%,…
Madagascar’s rural communities are increasingly exposed to the impacts of extreme heat, environmental degradation, and declining agricultural productivity. These pressures are contributing to rising poverty, loss of livelihoods, and growing internal migration, particularly in informal mining zones. A research team at Institut d’Études Politiques Madagascar (IEP) will investigate how internal migration and informal mining shape rural poverty and resilience in the face of climate change. The study builds on recommendations from the 2022 IOM report “Migration, Environment and Climate Change: An Information Base for Policy Development in Madagascar,” which calls for deeper analysis of the social and economic drivers of…
The ongoing hardware market challenges impacting the global industry have claimed another victim, as Nintendo recently announced that the Nintendo Switch 2 will see a significant price increase in certain regions around the world. While the situation is already difficult for many consumers, some resellers have apparently begun taking advantage of it.According to a report published by GamesRadar, scalpers have been attempting to profit from the situation even before the official price hike takes effect in September. Nintendo previously confirmed that the Switch 2’s price will increase by $50 in the United States.In a statement shared on X, the company…
The California Public Employees’ Retirement System has promoted Anton Orlich to deputy chief investment officer for private markets and hired Derek Walker from CPP as managing investment director for total fund portfolio management as the $550 billion pension fund continues to expand its private assets program and implement a Total Portfolio Approach. Save your seat at the National Institutional Summer Retreat in Park City, Utah Orlich, who has led CalPERS’ private equity program since 2022, was selected following a global search and will oversee the pension fund’s private equity, private credit, real estate, infrastructure and other alternative investment programs. He…
AUSTIN, Texas, June 10, 2026 /PRNewswire/ — Direct Equity Source today announced major construction milestones across its growing real estate portfolio, with four new facilities officially breaking ground in key markets across Texas and Florida. These developments mark a continued commitment to strategic expansion and long-term value creation in high-growth regions. The newly launched projects include developments in Tampa, Florida, as well as Huffmeister and Buda, Texas, reflecting the company’s focus on high-demand corridors experiencing strong population and economic growth. In addition to these active developments, Direct Equity Source anticipates initiating five additional projects across North Carolina and Texas within…
Since then, as blockchain tokenization has shifted from an experimental fundraising approach to a serious consideration for many startups and established firms, which utilize the issue of tokens as a mechanism of raising funds, incentivizing user behavior, decentralizing existing platform ecosystems, and creating new digital marketplaces, a key question has centered on the difference between a utility token and a security token. It’s not just semantic, it determines how a token can be sold, who can buy it, how it can be traded, and what obligations a business must take on under law. In addition, companies failing to make the token…
Gold (XAU/USD) attracts some sellers following a modest Asian session uptick to the $4,246-$4,247 region on Thursday, stalling the previous day’s solid recovery move from its lowest level since November 2025. The US and Iran continue to send mixed and contradictory signals regarding a potential peace deal. This helps revive demand for the safe-haven US Dollar (USD), which, along with hawkish US Federal Reserve (Fed) expectations, exerts some downward pressure on the non-yielding yellow metal.US President Donald Trump said on Thursday that a deal had been reached with Iran and the final document could be signed soon, perhaps even over…