Alternatives

Displaying 3870 results
Digital currencies jump as Visa pilots crypto settlement
INVESTING ALTERNATIVES MAR 29, 2021
Digital currencies jump as Visa pilots crypto settlement

Traditional financial companies are beginning to embrace cryptocurrencies and blockchain projects more than a decade after the creation of Bitcoin in 2009. That comes even as some remain skeptical of mainstream adoption.

Fidelity applies for Bitcoin ETF
INVESTING ALTERNATIVES MAR 25, 2021
Fidelity applies for Bitcoin ETF

The company's proposed exchange-traded fund would track the cryptocurrency using pricing from U.S.-based exchanges including Bitstamp, Coinbase and Gemini.

Financial advisers are steering clients away from SPACs
INVESTING RIAS MAR 24, 2021
Financial advisers are steering clients away from SPACs

Special purpose acquisition companies are leveraging celebrity endorsements to drive investor demand, while financial advisers struggle to protect clients from risk.

IBD boosts reserves more than $500,000 for inverse-ETF legal costs
INVESTING ALTERNATIVES MAR 24, 2021
IBD boosts reserves more than $500,000 for inverse-ETF legal costs

Calton & Associates, with 400 reps and advisers, is looking at paying restitution of close to half a million to clients who bought leveraged exchange-traded funds.

Chevron greenwashing complaint filed with FTC
INVESTING ALTERNATIVES MAR 17, 2021
Chevron greenwashing complaint filed with FTC

Complaint is first time environmental groups have brought such claims to the Federal Trade Commission against an oil giant.

SPACs are the investment darling of the pandemic
INVESTING RETIREMENT PLANNING MAR 15, 2021
SPACs are the investment darling of the pandemic

Special purpose acquisition companies, or SPACs, have been all the rage for the past 12 months, but will the fever outlast the pandemic?

Booming SPAC market draws SEC scrutiny
INVESTING ALTERNATIVES MAR 11, 2021
Booming SPAC market draws SEC scrutiny

The vehicles are touted for democratizing markets by allowing retail investors access to high-growth companies. But the SEC said they come with distinct risks.

Advisor Group firms boost legal reserves
INVESTING ALTERNATIVES MAR 10, 2021
Advisor Group firms boost legal reserves

Royal Alliance Associates Inc., SagePoint Financial Inc., and FSC Securities Corp., increased legal reserves by as much as three times the amount of the prior year.

It’s time to talk about Bitcoin
INVESTING ALTERNATIVES MAR 08, 2021
It’s time to talk about Bitcoin

Advisers don’t have to join the bulls, but they better join the discussion.

PE firm Merchant buys stake in Axiom Financial Strategies
INVESTING ALTERNATIVES MAR 05, 2021
PE firm Merchant buys stake in Axiom Financial Strategies

The deal shows that private equity investors are starting to move down-market to invest in smaller registered investment advisers.

iCapital leverages KKR to lure investors into private equity
INVESTING ALTERNATIVES MAR 04, 2021
iCapital leverages KKR to lure investors into private equity

The rebranded PE fund targets the country's 13 million accredited households with an offer of access to KKR's investment expertise.

GPB broker-dealer shuts down amid fraud charges
INVESTING ALTERNATIVES MAR 01, 2021
GPB broker-dealer shuts down amid fraud charges

Ascendant Alternative Strategies changed its official status with Finra to termination requested. Founders of GPB, David Gentile and Jeff Schneider were arrested and charged with fraud last month by the FBI.

Nick Schorsch is back — and heading up a SPAC
INVESTING ALTERNATIVES FEB 25, 2021
Nick Schorsch is back — and heading up a SPAC

The former nontraded REIT czar is looking for a next act in the securities industry, and this time it's a family affair.

$1.8 billion mutual fund halts redemptions over alleged fraud
INVESTING EQUITIES FEB 24, 2021
$1.8 billion mutual fund halts redemptions over alleged fraud

The manager of the Infinity Q liquid alt fund was fired after being accused of fudging asset values. The fund could not value its assets for purposes of calculating its net asset value.

Wells Fargo Asset Management sold to private equity for $2.1 billion
INVESTING ALTERNATIVES FEB 23, 2021
Wells Fargo Asset Management sold to private equity for $2.1 billion

Nico Marais will stay on as CEO of the $603 billion business after the sale to GTCR and Reverence Capital Partners, while there will be fresh faces on the board.

Ariel Investments launches firm to build minority businesses
INVESTING ALTERNATIVES FEB 17, 2021
Ariel Investments launches firm to build minority businesses

The private asset management firm, Ariel Alternatives, aims to build certified minority enterprises that can supply Fortune 500 companies.

Brokers sold GPB private placements using the worst tactics in Wall Street's playbook
INVESTING ALTERNATIVES FEB 17, 2021
Brokers sold GPB private placements using the worst tactics in Wall Street's playbook

Client appreciation dinners are all well and good, but private suites at Madison Square Garden are clearly beyond the pale.

iCapital Foundation, CAIA Association launch education program
INVESTING ALTERNATIVES FEB 17, 2021
iCapital Foundation, CAIA Association launch education program

AltsEdge will provide 10 modules to help advisers understand and use alternative investments.

Bitcoin exceeds $51,000 for first time
INVESTING ALTERNATIVES FEB 17, 2021
Bitcoin exceeds $51,000 for first time

The largest cryptocurrency rose almost 6% Wednesday, following a fivefold surge in the past year, after MicroStrategy said Tuesday it would sell $600 million of bonds to buy more Bitcoin.

Canadian Bitcoin ETF turns up heat on U.S. fund managers, regulators
INVESTING ALTERNATIVES FEB 12, 2021
Canadian Bitcoin ETF turns up heat on U.S. fund managers, regulators

Being behind Canada on Bitcoin funds could put U.S. ETF providers at a disadvantage when it comes to gaining market share.