The SEC’s division of investment management demanded answers to at least 31 detailed questions about how mutual funds or exchange-traded funds based on bitcoin would store, safeguard, and price that asset.
The deal will help bolster SS&C’s offerings in technology infrastructure servicing financial institutions.
UBS hopes SmartWealth will help expand its customer base from millionaires and billionaires to the so-called mass affluent.
The goal is to offer “guidance and advice for a broad range of clients, whether you have a few thousand dollars, or more."
REX Shares LLC and Van Eck Associates Corp are both proposing bitcoin funds that would use futures to access the market instead of investing directly in them
With interest rates so low, there is less "insurance" should crises arise, Bill Gross writes in his last investment outlook of the year.
Even before tax reform is complete, Congressional Republicans have started talking about cutting Social Security and Medicare.
Investors are going to get tired of earning little-to-nothing on their cash, Rob Kapito says.
Sixty-nine percent of older investors remain heavily exposed to equities, according to a national study by Global Atlantic Financial Group.