Asset Managers

• South Korea's Financial Services Commission has officially launched an ₩880 billion (approximately $630.9 million) Ultra-Long-Term Technology Investment Fund. • The fund is specifically designed to provide capital for up to 16 years to companies developing foundational and advanced technologies that require extended timelines for commercialization. • This initiative matters as it addresses the funding gap for high-risk, long-term research and development that traditional short-term investment cycles often overlook.

• Nvidia and Wall Street asset managers are partnering to mobilize over $500 billion in third-party capital to fund AI infrastructure. • The initiative will provide financing for hyperscalers, frontier AI labs, and enterprises to build data centers and purchase Nvidia hardware. • CEO Jensen Huang argues that because Nvidia's hardware is flexible and broadly adopted, lenders can now treat compute capacity as a revenue-generating asset.

• At the Linedata Exchange London 2026 conference on June 10, industry panellists urged asset managers to move beyond AI hype and rethink their operating models and workflows. • Experts warned that firms are currently focusing on the wrong objective by attempting to simply replace human staff with AI technology. • The discussion emphasized that true industry transformation will come from using AI to redesign and optimize inefficient business processes.