MUMBAI, India, Aug. 6, 2026 /PRNewswire/ — Flytxt, a leading provider of Enterprise AI solutions for Marketplace Optimisation, today announced that IIFL Capital Services Limited, a full-service investment and wealth management firm, has adopted its award winning AI to strengthen investor engagement and accelerate Assets Under Management (AUM) growth through intelligent investment recommendations.

With over 15 years of AI innovation, Flytxt currently serves more than 80 enterprise customers across 50 countries, helping them transform customer data into actionable intelligence and driving measurable business outcomes.

As investor expectations continue to evolve, financial service providers are under increasing pressure to deliver highly relevant and timely investment guidance. By leveraging Flytxt’s AI platform, IIFL Capital can better understand investor behavior, identify emerging investment opportunities, and engage customers with recommendations aligned to their financial goals and investment preferences.

“Technology adoption has always been central to driving innovation at IIFL Capital. Our collaboration with Flytxt reflects our commitment to leveraging AI to deepen investor engagement and create greater value for our investors,” said Mrs. Jyotsna Solanki, Head Business Intelligence & Growth, IIFL Capital.

“AI delivers real-world impact only when it is trusted, transparent, and easy to use. That’s exactly what our partnership with IIFL Capital demonstrates. Powered by causal intelligence, our Agentic AI solutions enable enterprises to reason, decide, and act with greater autonomy to deliver measurable business outcomes,” said Dr Vinod Vasudevan, CEO, Flytxt.

This partnership reflects Flytxt’s growing presence in the financial services sector, where leading NBFCs, fintech firms, insurance companies, and retail banks globally are leveraging its AI capabilities to accelerate customer growth, enhance product innovation, streamline customer service and drive deeper customer engagement.

About IIFL Capital

IIFL Capital Services Limited (formerly IIFL Securities Limited) is a full-service broking and investment services firm operating in India. IIFL Capital offers broking services, wealth management, financial products distribution, institutional broking, research and investment banking services.

For more information, visit https://flytxt.ai/

SOURCE Flytxt

BEIJING, Aug. 6, 2026 /PRNewswire/ — Ningbo Alpha2Fund Investment Management Partnership Enterprise (Limited Partnership) — a well‑known quantitative private fund manager (hereafter referred to as Alpha2Fund) announced on July 19 that based on its confidence in the long-term development of China’s capital market, it will invest 100 million yuan (approximately US$14 million) of its own capital into its private securities fund products within the coming week, pledging to “share both risks and returns” alongside its investors.

According to public information, Alpha2Fund, founded in August 2015, is a quantitative hedge fund firm registered with the Asset Management Association of China (AMAC) and headquartered in Beijing. Guided by its core values of “Research-Driven, Excellence-Oriented,” the firm leverages big data and algorithmic technologies to uncover deep market patterns and to build quantitative hedge fund models designed to deliver stable, long-term performance across market cycles. As of July 2026, Alpha2Fund manages assets exceeding RMB 55 billion and has received multiple Golden Bull Awards, a prestigious recognition in China’s private fund industry.

Alpha2Fund is far from alone. Industry data shows that 25 private fund firms have announced proprietary investments of their own products since the start of July, with total commitments exceeding 1.4 billion yuan. The wave began with X-Square Investment and Shiva Fund (along with its manager Liang Hong), pledging 10 million yuan and 42 million yuan, respectively. On July 19, another quant giant, Lingjun Investment, followed with a 200‑million‑yuan proprietary buy‑in. The wave peaked on July 20, when Longqi Scientific Investment set the month’s single‑largest record with a 280‑million‑yuan commitment, joined on the same day by Youmeili Fund, QianYan Fund, Aquajade Fund, Mengxi Investment, and several others.

Market observers view the flurry of proprietary buying as a dual signal: a vote of confidence in managers’ own strategies and a tangible gesture to align interests with jittery investors amid portfolio drawdowns and heightened redemption concerns. Behind the trend, they say, lies both a forward‑looking strategic allocation—based on reasonable valuations in a long‑term positive macroeconomic outlook—and a tactical move to shore up investor sentiment and curb irrational redemptions during volatile periods.

View original content:https://www.prnewswire.com/apac/news-releases/quant-hedge-fund-alpha2fund-announces-100-million-yuan-proprietary-investment-as-25-hedge-funds-join-july-self-investment-wave-302844421.html

SOURCE Ningbo Alpha2Fund Investment Management Partnership Enterprise (Limited Partnership)

PHNOM PENH, Cambodia, Aug. 6, 2026 /PRNewswire/ — Fair Finance Asia (FFA) and Influencing Just Energy Transition in the ASEAN (I-JET) call on banks and investors to stop financing coal expansion and strengthen social safeguards.

In a new report, Phasing out Coal, Phasing in Justice: Roadmap for Financing a Responsible Regional Coal Phase-out in Asia, FFA and I-JET assess the transition landscape in Cambodia, Indonesia, Lao PDR, the Philippines, and Thailand, and in the Association of Southeast Asian Nations (ASEAN), more broadly.

While ASEAN member states have introduced coal moratoriums, updated Nationally Determined Contributions, early-retirement plans for coal-fired power plants, green taxonomies, and carbon pricing, the report finds that these still fall short of a Paris-aligned 1.5°C pathway.

International coal finance restrictions have expanded, yet funding persists through corporate lending and upstream mining. Meanwhile, liquefied natural gas (LNG) is being positioned as a bridge fuel despite high costs, price volatility, stranded assets, and fossil fuel lock-in.

To achieve a credible, just phase-out, the report recommends:

No new coal development, including for Artificial Intelligence (AI) and digital demand.Time-bound, enforceable phase-out plans with zero unabated coal.Permanent retirement or conversion of all units, with site remediation.An end to coal financing, including for false solutions.Binding just transition commitments.

The report also calls for strong social safeguards:

Income support, reskilling, and decent green jobs for affected workers.Meaningful participation, free, prior, and informed consent (FPIC), and secure land rights for Indigenous Peoples.Gender-responsive policies.Protection of civic space and environmental and human rights defenders.

Bernadette Victorio, Program Lead, Fair Finance Asia, said: “The test is not only whether coal-fired power plants close, but whether the energy transition reduces inequality by protecting the rights and amplifying the voices of workers, communities, women and Indigenous Peoples.”

Shubert Ciencia, Energy Justice and ASEAN Influencing Program Manager, Oxfam in Asia, said: “The ASEAN Plan of Action for Energy Cooperation (APAEC) 2026-2030 signals ASEAN’s intent to accelerate decarbonization while maintaining energy security. Member states must now restrict investment in existing coal projects and prohibit new ones.”

Victoria Fanggidae, Executive Director, The PRAKARSA, said: “Climate commitments are meaningless if financial flows continue to support coal. Indonesian financial institutions must stop enabling coal expansion, redirect capital to renewable energy, and embed human rights and just transition principles in financing decisions.”

Genalyn Arcayera-Aquino, Economic Rights Program Manager, Initiatives for Dialogue and Empowerment through Alternative Legal Services (IDEALS), said: “Fossil fuel incentives without a clear phase-out plan create a chicken-and-egg problem: reliance on imported fuels keeps electricity costs high and delays a domestic renewable energy industry.”

Yuki Tanabe, Program Director, Japan Center for a Sustainable Environment and Society (JACSES), said: “Governments should drive early retirement of coal-fired power plants with stricter environmental regulations and higher taxes on coal generation.”

Read the report: bit.ly/4wsaWt7

Media contacts:

Kyle Cruz

Influencing and Campaigning Manager

Fair Finance Asia

kylejuliene.cruz@oxfam.org

Shubert Ciencia

Energy Justice and ASEAN Influencing Program Manager

Oxfam in Asia

shubert.ciencia@oxfam.org

About Fair Finance Asia

FFA is a regional network of Asian civil society organizations working to ensure that financial institutions’ funding decisions respect the social and environmental well-being of the communities where they operate. Learn more: fairfinanceasia.org

About Influencing Just Energy Transition in ASEAN

I-JET is a multi-country initiative advancing a gender-just and socially inclusive energy transition. Learn more: https://x.com/ijet_project

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/fair-finance-asia-calls-on-banks-to-end-coal-financing-in-asean-and-strengthen-social-safeguards-302843616.html

SOURCE Fair Finance Asia