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Showing 21 - 30 of 100+ results for "Crypto"

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... ongoing investment scams including duping consumers into establishing self-managed super funds, and advertisements for crypto-asset and contracts for difference disguised as fake news articles. ASIC has discovered an SMSF scam where individuals have ...

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing ...

Sydney multi-boutique adds crypto fund

KANIKA SOOD  |  FRIDAY, 16 APR 2021
A Sydney multi-boutique has signed on a passive fund that tracks Bitcoin and will offer it to Australian investors. The fund is managed by Arrano Capital and is open to institutional investors and will be distributed by Mantis Funds. It is Caymans domiciled ...

Super funds need to get on board with crypto: Carnegie

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
... seems funds are not clear on how they want to progress. Asked what he thought the main reservation from super funds on crypto is, Carnegie said: "They think it's all bullshit... They think it's a bubble, they've seen this stuff before." But ...

State Street tech to back crypto trading platform

JAMIE WILLIAMSON  |  FRIDAY, 9 APR 2021
The asset manager is partnering with a start-up to build a new platform for institutional investors to trade digital currencies. State Street's Currenex business is working with Puremarkets and will provide the trading infrastructure for its Pure ...

Crypto chosen over defensive assets

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
Investment in cryptocurrencies among investors has surpassed defensive assets such as precious metals, fixed income and annuities, according to new research. Digital asset exchange BTC Markets latest survey of over 2000 investors revealed 12.6% of respondents ...

Investors on red alert despite vaccines

KARREN VERGARA  |  MONDAY, 22 FEB 2021
Despite the promise and optimism of COVID-19 vaccines, professional investors continue to worry about the pandemic's economic impact, a global study of 400 reveals. Natixis Investment Managers' annual 2021 Professional Fund Buyer Outlook, conducted ...

BNY to launch crypto admin platform

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
BNY Mellon will establish a new asset servicing unit that will cater to the growing demand for digital assets such as cryptocurrency. The digital assets unit, which will be led by Mike Demissie as head of advanced solutions, is currently developing ...

Best, worst investment ideas for 2021: ARK

ELIZABETH MCARTHUR  |  TUESDAY, 2 FEB 2021
Innovation-focused investment manager ARK Invest has released its annual Big Ideas report for 2021, highlighting the best and worst investment opportunities out there. When it comes to the worst ideas, ARK said household name NASDAQ listed Intel is ...

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
The world's largest asset manager is flirting with the idea of investing in cryptocurrency, priming two of its global funds to potential exposure to bitcoin futures. Two filings with US watchdog the Securities and Exchange Commission reveal that two ...