News in Numbers

Santander will contribute €67m ($71m) as part of a €100m fund with Inveready Asset Management. The start-ups fund from Santander and Inveready will be Spain’s biggest venture debt fund.  

Geneva-based Stouff Capital is growing ever closer to the $100m mark in assets under management (AuM). In addition, Stouff Capital and its flagship Quantamental Global Equity Long/Short Fund will celebrate its five year milestone. 

Calvert Research and Management (Calvert), a division of Morgan Stanley Investment Management, has launched three actively owned equity mutual funds aimed at achieving investment returns through ethical investing.

In the first month since its launch on 5 August 2023, OCBC’s anti-malware security feature has prevented scammers from making away with more than $2m in savings, from more than 30 customers’ OCBC bank accounts. The security feature was first rolled out in version 18.1 of the OCBC Digital app for Android. Since then, no losses from malware scams have been reported by OCBC customers using this version of the app and above.

Fidelis Capital, an advisor-owned wealth management firm, announced that one of the wealth management teams formerly associated with Bank of America private bank in the Mid-Atlantic region joined the independent firm as partners. The team advises on client assets totalling over $4.5bn.