Hints and tips:
...Ads have appeared from asset managers including BlackRock, Fidelity, Grayscale, Invesco and Bitwise touting spot bitcoin ETFs as the issuers try to get their products in front of as many potential clients...
...They send it to us because we provide a service, we provide better prices, right? The marketplace has created this unbelievable ecosystem, and it will continue to do it in asset classes around....
...“Chicago has a tight business community, so it’s certainly disappointing that they all left,” Roger Hochschild, chief executive of suburban Chicago-based Discover Financial Services, told the Financial Times...
...Fidelity reduced its investment in Uber by nearly half in the second quarter. Disclosures are retrospective, filed 45 days after the end of the quarter. But the information still has value....
...The fund launched by VanEck led the way with about $72.5mn in starting money, followed by Fidelity with $20mn and BlackRock with $10mn....
...But Alphaville is going to focus mostly on the movie’s fidelity to reality. And we can’t believe it’s come to this, but we’re going to defend Ken Griffin (shudder)....
...Ark amended its spot bitcoin ETF filing in June, following a slew of similar filings from large managers such as BlackRock, Fidelity and Invesco....
...BlackRock’s move ushered in a 21st century-style gold rush as big-name rival managers such as Ark Investment Management, Fidelity, Invesco, WisdomTree, VanEck, Valkyrie Investments and Bitwise refiled their...
...Services at a valuation of up to $18.5bn....
...Only a decade ago, large asset managers like Fidelity would be at the top of research client lists, generating huge amounts of revenues through trading commissions explicitly tied to research content....
...They include BlackRock — the largest money manager in the world — and other household names such as WisdomTree and Fidelity....
...And 56 per cent of clients, representing 63 per cent of assets, were over the age of 60, as of the last Fidelity RIA benchmark study....
...Fidelity Investments, meanwhile, expects to change six mutual funds to ETFs in June. And Franklin’s first in-house mutual fund-to-ETF conversion is set to take place this year....
...Google received high marks from tech analysts for the technology behind Stadia, which was designed to stream games over the internet with the sort of fidelity and response time that was previously only available...
...Gary Retelny Retelny has for more than a decade led one of the two least-appreciated power brokers of the investment industry, proxy adviser Institutional Shareholder Services....
Hedge fund is latest US company to depart Illinois in less than two months
...BlackRock, HSBC and Fidelity were among the fund houses that cut their exposure to the sector in March and April, according to Bloomberg data....
...Mr Krafcik did not say when and where its ride-sharing service will launch next....
...stories this week The painful start to the year for global equities has knocked the performance of many star stockpickers, including Baillie Gifford’s Scottish Mortgage, ‘Tiger cub’ Maverick Capital, and Fidelity...
...Fidelity’s little-known passive investment business Geode Capital Management surged to $1tn in assets last year, underscoring its quiet emergence as a major player in the index fund industry....
...Vista will pay 1,125p a share in cash for the Warrington-based provider of process automation technology, whose customers include Fidelity, Daimler, eBay and the NHS....
...One was a bare-bones, extended-stay hotel, while the other two were full-service properties with snazzy ballrooms and room service....
...So far, at least 11 other shops have disclosed plans to launch crypto ETFs, including Fidelity, First Trust and WisdomTree. The SEC has not yet approved any bitcoin ETFs....
...Waymo, which started as a Google project in 2009, is generally considered the industry leader and its unpiloted “robotaxi” service in Phoenix has no rival in the US....
...Progress has been much slower, with the Waymo One driverless ride-hailing service only operating in one part of Phoenix today....
International Edition