Product & Service Launches – 3/26/2026

iCapital Partners With Aladdin Wealth, Acquires Hexure

BlackRock’s proprietary platform, Aladdin Wealth, is integrating the alternative investments technology platform from global fintech company iCapital.

The integration enables advisers to discover alternative offerings on their firm’s product shelf, initiate subscriptions and redemptions, and track status updates alongside portfolio analytics.

This partnership builds on a broader relationship between iCapital and BlackRock, including BlackRock’s 2025 launch of a customizable public-private model portfolio within a unified managed account that was supported by iCapital’s technology. 

Separately, iCapital also acquired Hexure, a digital- and artificial intelligence-powered sales automation solution for insurance, financial services and wealth management. The acquisition advances iCapital’s strategy to create an end-to-end annuity and insurance technology platform.

Hexure’s FireLight digital sales platform and ForeSight illustration technology will be integrated into iCapital’s broader platform, expanding annuity and life insurance support at scale.

Hexure’s products, teams and partnerships will continue to serve carriers and distributors, supported by iCapital’s broader platform and resources. For customers of both companies, the combination simplifies insurance and investment product access and management.

iCapital had more than $1.14 trillion of assets serviced globally on its platform as of January 31, including $300.6 billion in alternative platform assets, $251.4 billion in structured investments and annuities outstanding, and $589.4 billion in client assets. It serves more than 3,300 wealth management firms and 123,000 active financial professionals.

Manulife to Offer Access to L&G Investment Solutions

Manulife Wealth & Asset Management and Legal & General announced a partnership to enhance global distribution reach for both firms, combining Manulife WAM’s asset management and distribution channels in North America and Asia with L&G’s position in global asset management, annuities and reinsurance.

The multi-phase partnership is anticipated to cover various asset classes across public and private markets, including alternative credit; fixed income; multi-asset solutions and real estate; infrastructure; natural capital; and investment products such as exchange-traded funds.

According to the announcement, implementation is expected across a range of initiatives that will roll out over several years.

L&G is a global asset manager with about 1.2 trillion pounds in assets under management. Manulife WAM is a global wealth and asset management firm with more than $1.3 trillion in assets under management and administration, as of December 31, 2025.

Vanguard Rolls Out ETF Suite

Vanguard launched Vanguard Target Maturity Corporate Bond ETFs, a lineup of 10 index-based exchange-traded funds designed to help investors build fixed-income portfolios.

The new ETF suite enables targeted fixed-income maturity exposures. When combined, the target maturity ETFs provide an alternative to bond ladders and separately managed accounts for select investors.

Each ETF in the suite has an expense ratio of 0.08%. The funds are expected to help investors manage interest-rate risk and credit risk while assisting portfolio construction across maturity horizons.

The target maturity ETFs are managed by Vanguard Capital Management’s fixed-income group global bond indexing team, which oversees a range of established bond ETFs. Joshua Barrickman and Jake Riley serve as the portfolio managers responsible for day-to-day management of the funds.