Blackrock’s Chief Investment Officer reported that while hedge funds and brokerages have dipped into spot bitcoin ETFs, RIAs have been slower to embrace them. Morgan Stanley is adding more manager-traded SMAs to its UMA platform, reports FundFire...
The report shows advisor interest in alternative investments even as some struggle with implementation, according to CAIA Managing Director Aaron Filbeck.
Opto Investments' Jake Miller provides insights on the current state and future trends within private investments.
The new business, to be named Eldridge, is set to combine at least six existing platforms backed by Boehly’s Eldridge Industries with insurer Security Benefit.
Bitcoin retreated after setting a record of $73,798 in March and rallies back toward the peak have repeatedly fizzled.
The SEC approved an initial round of applications last month from several exchanges to trade the products.
According to data from insurance brokerage firm Golsan Scruggs, premiums have dropped by about half over the past year.
PGIM has been present in private credit for decades, but its plan for a major push is coming at a time when some of the industry titans are starting to worry if the boom is coming to an end.
Envestnet's Dana D'Auria discusses what the driving forces are behind this shift to personalized investments and what they look like.