Alternatives

Displaying 3993 results
FTX collapse fails to derail investments into crypto funds
INVESTING ALTERNATIVES NOV 14, 2022
FTX collapse fails to derail investments into crypto funds

Crypto bulls see the sell-off as a buying opportunity and distinguish the offshore platform from regulated funds and U.S.-based platforms.

By Jeff Benjamin
Fintech Bytes: Crypto collapses, Envestnet eyes custody business, SEI adds UMAs
INVESTING ALTERNATIVES NOV 11, 2022
Fintech Bytes: Crypto collapses, Envestnet eyes custody business, SEI adds UMAs

A roundup of the week's top fintech news, including crypto's collapse, Envestnet's custodian plans and SEI adding UMAs.

By Ryan W. Neal
SEC bars adviser already sentenced to 6 years in prison
INVESTING ALTERNATIVES NOV 11, 2022
SEC bars adviser already sentenced to 6 years in prison

Martin A. Ruiz took $8 million of client money and spent the vast majority of the funds on personal expenses.

By Bruce Kelly
FTX files for bankruptcy; Bankman-Fried resigns as CEO
INVESTING ALTERNATIVES NOV 11, 2022
FTX files for bankruptcy; Bankman-Fried resigns as CEO

Entities tied to FTX.com, FTX US and trading firm Alameda Research were part of the Chapter 11 bankruptcy filing in Delaware.

By Bloomberg
FTX implosion raises new alarms about crypto exposure
INVESTING ALTERNATIVES NOV 10, 2022
FTX implosion raises new alarms about crypto exposure

While crypto skeptics feel vindicated, a proponent calls the collapse of the world's second-largest digital platform 'very bad news in the short term.'

By Jeff Benjamin
FTX hurtles toward bankruptcy with $8 billion hole
INVESTING ALTERNATIVES NOV 10, 2022
FTX hurtles toward bankruptcy with $8 billion hole

Sam Bankman-Fried told investors the crypto exchange needs $4 billion to remain solvent. Meanwhile, U.S. authorities are investigating FTX.

By Bloomberg
Crypto market extends losses as Binance drops FTX takeover offer
INVESTING ALTERNATIVES NOV 09, 2022
Crypto market extends losses as Binance drops FTX takeover offer

The news that Binance withdrew its offer sent bitcoin to its lowest level since November 2020.

By Bloomberg
Crypto markets plummet as sense of dread hits FTX clients
INVESTING ALTERNATIVES NOV 09, 2022
Crypto markets plummet as sense of dread hits FTX clients

Customers of the fallen crypto exchange pulled out $430 million worth of bitcoin in the space of just four days.

By Bloomberg
SPAC boom over, NYSE moves to delist warrants of Schorsch-backed company
INVESTING EQUITIES NOV 08, 2022
SPAC boom over, NYSE moves to delist warrants of Schorsch-backed company

The exchange said the warrants weren't suitable for listing because of their extremely low pricing.

By Bruce Kelly
Binance Holdings plans to acquire rival FTX.com
INVESTING ALTERNATIVES NOV 08, 2022
Binance Holdings plans to acquire rival FTX.com

The proposed deal for Sam Bankman-Fried's 3-year-old exchange will 'help cover the liquidity crunch.'

By Bloomberg
Platform lets retirement savers access crypto investments
INVESTING RETIREMENT PLANNING NOV 07, 2022
Platform lets retirement savers access crypto investments

ForUsAll says its Alt401(k) platform enables employees to invest in crypto through a brokerage window. Meanwhile, the firm has filed a lawsuit challenging the DOL's crypto warning.

By Mark Schoeff Jr.
JPMorgan executes first live trade on public blockchain
INVESTING ALTERNATIVES NOV 03, 2022
JPMorgan executes first live trade on public blockchain

The bank issued tokenized $71,000 as part of the Singapore central bank’s pilot programs exploring the use of decentralized finance in the banking sector.

By Bloomberg
Fidelity to launch commission-free retail crypto trading platform
INVESTING ALTERNATIVES NOV 03, 2022
Fidelity to launch commission-free retail crypto trading platform

The brokerage has opened up a wait list for its new service Fidelity Crypto which will offer custody and trading of Bitcoin and Ethereum.

By Bloomberg
Swiss private equity conglomerate targets wealthy US advisory clients
INVESTING RIAS NOV 02, 2022
Swiss private equity conglomerate targets wealthy US advisory clients

Partners Group, a $131 billion PE operation, is building out its US footprint with the launch of Private Wealth.

By Jeff Benjamin
States where investors have the least interest in cryptocurrencies
INVESTING ALTERNATIVES NOV 02, 2022
States where investors have the least interest in cryptocurrencies

Crypto site Bitstacker.com analyzed Google data on search terms related to digital assets and scored each state on its residents’ use of the search terms.

By InvestmentNews
Oppenheimer moves to cancel $36.7 million arbitration decision
INVESTING ALTERNATIVES OCT 31, 2022
Oppenheimer moves to cancel $36.7 million arbitration decision

While the firm filed a motion to vacate the award in Superior Court in DeKalb County, Georgia, it's extremely rare for courts to overturn Finra arbitration decisions.

By Bruce Kelly
Liquid alts funds see inflows while mutual funds see record outflows
INVESTING RIAS OCT 31, 2022
Liquid alts funds see inflows while mutual funds see record outflows

With the old-school mutual fund wrapper continuing to suffer during the down-market cycle, alternative strategies represent a lone bright spot.

By Jeff Benjamin
States where investors have the most interest in cryptocurrency
INVESTING ALTERNATIVES OCT 28, 2022
States where investors have the most interest in cryptocurrency

Crypto site Bitstacker.com analyzed Google data on search terms related to digital assets and scored each state on its residents’ use of the search terms.

By InvestmentNews
Nuveen bulks up private equity and private credit business with deal for Arcmont
INVESTING ALTERNATIVES OCT 27, 2022
Nuveen bulks up private equity and private credit business with deal for Arcmont

The deal combines North American and European businesses to create Nuveen Private Capital, a global debt platform with more than $60 billion in committed capital.

By Jeff Benjamin
Four states move to shut down investment scheme tied to metaverse casinos
INVESTING ALTERNATIVES OCT 24, 2022
Four states move to shut down investment scheme tied to metaverse casinos

State regulators filed cease-and-desist orders against an organization based in the country of Georgia that was selling non-fungible tokens known as Slotie NFTs.

By Mark Schoeff Jr.