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Fidelity And BlackRock Are Creating More Alternative Investment Funds - Here's Why
Monday, August 22, 2022 - 9:37am | 1416Read More...For decades, many retail investors allocated their portfolios among standard choices like stocks, bonds and mutual funds that have exposure to those traditional asset classes. Currently, many traditional rules of thumb, including the 60%/40% stock-to-bond portfolio, are becoming somewhat obsolete....
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Blackrock Launches Private Trust To Offer Bitcoin Exposure
Thursday, August 11, 2022 - 1:11pm | 308Read More...Investment management firm Blackrock is launching a private trust that gives U.S.-based institutional clients based exposure to spot Bitcoin (BTC). Despite a subdued cryptocurrency market, there is substantial interest from institutional clients in accessing digital currencies efficiently and cost-...
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How Many Shares Of Tesla Does Elon Musk Own, And What's His Total Ownership Percentage?
Sunday, June 12, 2022 - 5:36pm | 465Read More...The rise in value for electric vehicle company Tesla Inc (NASDAQ: TSLA) has helped CEO and co-founder Elon Musk become the richest person in the world. A new filing from the company reveals how many shares of Tesla, Musk currently owns and might own soon. What Happened: On Friday, Tesla announced...
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Fractional Ownership Giving Investors New Options After Being Priced Out Of Current Housing Market
Wednesday, April 20, 2022 - 1:47pm | 680Read More...A long stretch of historically low interest rates and record-high inflation propelled the housing market into a territory where many Americans found themselves priced out of the market. While the housing market appears to be cooling down some, mortgage rates hit a 12-year high last week, further...
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Major Investment Firms Making a Big Play in Alternative Investments
Tuesday, November 2, 2021 - 12:31pm | 618Read More...Both institutional and retail investors have been showing a growing interest in alternative investments for stronger returns and reduced volatility in their portfolios. Over the past month, two major investment firms have made announcements showing their eagerness to capture a share of this growing...
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Cryptocurrency Company FTX Raises $420.69M From 69 Investors
Thursday, October 21, 2021 - 4:27pm | 492Read More...A leading cryptocurrency company completed a Series B-1 funding round that saw its valuation climb. Here are the details on the funding round and what’s next for the company. What Happened: FTX, parent company to cryptocurrency exchange FTX.com, raised $420.69 million in a Series B-1 funding...
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Morgan Stanley CEO On Bitcoin: 'I Don't Think Crypto Is A Fad'
Friday, October 15, 2021 - 10:55am | 453Read More...James P. Gorman, CEO of Morgan Stanley (NYSE: MS), believes crypto isn’t going away any time soon. What Happened: In an earnings call on Thursday, Gorman said: “I don’t think crypto is a fad.” “I don’t know what the value of Bitcoin should or shouldn’t...
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Fintech Focus For July 19, 2021
Sunday, July 18, 2021 - 9:46pm | 1592Read More...Quote To Start The Day: “The greatest glory in living lies not in never failing, but in rising every time we fail.” Source: Nelson Mandela One Big Thing In Fintech: “Just recently, we hit a low in realized volatility.” “The market has had essentially no movement and...
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Fintech Focus For July 16, 2021
Thursday, July 15, 2021 - 6:13pm | 1743Read More...Quote To Start The Day: “Don’t explain your philosophy. Embody it.” Source: Epictetus One Big Thing In Fintech: In testimony before the Senate Banking Committee on July 15, Federal Reserve chairman Jerome Powell reiterated his uncertainty as to whether the Fed would proceed with...
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Fintech Focus For July 15, 2021
Wednesday, July 14, 2021 - 6:41pm | 1753Read More...Quote To Start The Day: “Once you hear the details of victory, it is hard to distinguish it from a defeat.” Source: Jean-Paul Sartre One Big Thing In Fintech: M1 Finance, an automated money management platform, announced Wednesday a $150 million Series E funding round to boost...
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Planet Is Going Public Via SPAC: What Investors Should Know About This Earth Data And Analytics Company
Wednesday, July 7, 2021 - 11:18am | 598Read More...Earth data and analytics company Planet announced a SPAC deal Wednesday. What Happened: Planet is going public in a SPAC merger with dMY Technology Group Inc IV (NYSE: DMYQ) valuing the company at an equity value of $2.8 billion. A PIPE of $200 million included investments from BlackRock, Koch...
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Fintech Focus For July 7, 2021
Tuesday, July 6, 2021 - 6:28pm | 1661Read More...Quote To Start The Day: “If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success.” Source: James Cameron One Big Thing In Fintech: Chime was the most downloaded digital banking app in the U.S. during the first half of 2021, with 6...
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Fintech Focus For June 16, 2021
Tuesday, June 15, 2021 - 6:28pm | 2518Read More...Quote To Start The Day: "[By] Labor Day, I'll be very disappointed if people haven't found their way into the office and then we'll have a different kind of conversation.” Source: James Gorman One Big Thing In Fintech: The most fundamental problem in financial services is...
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Fintech Focus For June 2, 2021
Tuesday, June 1, 2021 - 11:54pm | 1360Read More...Quote To Start The Day: “Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.” Source: Jack Handey One Big Thing In Fintech: Technology was supposed to broaden access to financial...
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Fintech Focus For May 26, 2021
Tuesday, May 25, 2021 - 8:32pm | 1722Read More...Quote To Start The Day: “Some are born great, some achieve greatness, and some have greatness thrust upon them.” Source: William Shakespeare One Big Thing In Fintech: Just as broadband is now considered core to America’s national infrastructure, the cloud will play an important...
