Author: Charlotte

Sign up to our free weekly IndyTech newsletter delivered straight to your inboxSign up to our free IndyTech newsletterSign up to our free IndyTech newsletterIn December 2021, a digital record linked to a computer-generated picture of a robot samurai sold at auction for an amount of cryptocurrency then worth over $1.8 million.These were the heady final months of the worldwide craze for “non-fungible tokens” — or NFTs to you and me. NFTs, on its most basic level, is the ownership of a digital piece of work, such as art or music. They could include memes or even actual pieces of…

(Kitco NewsWire) – Spot gold and silver prices are higher in late-afternoon U.S. trading Tuesday, as a softer-than-expected U.S. CPI report pushed Treasury yields and the U.S. dollar lower, helping metals recover even as crude oil stayed bid on renewed U.S.-Iran tension. At the time of writing, spot gold was trading near $4,052.80 an ounce, up 1.32%, while spot silver was trading near $58.65, up 1.95% on the session.Gold’s session range was $3,985.00 to $4,101.50, leaving the metal back above the $4,000 area but below the $4,091 to $4,140 resistance zone identified in the latest technical setup. Silver’s session range…

TORONTO, July 14, 2026 (GLOBE NEWSWIRE) — Vanguard Investments Canada Inc. (“Vanguard”) announced today that, subject to unitholder approval, it proposes to change the investment objective of Vanguard Global Credit Bond Fund. Vanguard proposes to change the investment objective of Vanguard Global Credit Bond Fund to provide unitholders with total return while generating a moderate to high level of current income. If this change to the investment objective of the fund is approved by unitholders, it is anticipated that: The management fee for the Series F units and Series M units will be reduced from 0.40% and 0.38%, respectively, to…

BTC Price Rises as Strategy Launches Bitcoin Banking Adoption IndexBitcoin (BTC) gained 3% to $64,227.08 after Michael Saylor of Synergy Inc. launched the Bitcoin Banking Adoption Index, boosted by a favourable macro shift.BTC’s gain boosted the broad market rally, driven primarily by a sharp drop in U.S. inflation data, fueling expectations for easier monetary policy.Crypto analysts said a surprise drop in the June U.S. Consumer Price Index (CPI) to 3.5%, the largest monthly decline since April 2020, boosted risk assets by easing fears of aggressive Fed rate hikes.The U.S. June CPI report, released July 14, showed headline inflation fell to…

While private market investments are not yet broadly implemented within defined contribution plans, they are being widely implemented into client portfolios by advisers.  According to a new research paper, “From Public to Private: How Advisors Are Using Alternative Investments,” by Cion Investments Corp., YCharts Inc. and Compound Insights, an affiliate of Ritholtz Wealth Management, 95% of surveyed advisers reported using alternative investments in client portfolios.  For more stories like this, sign up for the PLANADVISERdash daily newsletter.  Of advisers who recommended alts in client portfolios, 61% said the investments appeared across many client portfolios, 26% said alts appeared for select client portfolios, and 8% said the investments appeared on rare occasions.  The mass adoption of alternatives for client portfolios suggests a similar market could develop for defined contribution plans, pending a finalized rule from the Department of Labor on private market investment guidelines for DC plans.  “Liquidity was the barrier advisers flagged most in implementing alternatives. This…

With virtually every major category led by liquid, overnight and money market funds registering redemptions. This pattern is characteristic of a quarter-end month, when corporates typically pull money out of liquid funds to meet advance tax obligations and other quarter-end commitments, said Varun Gupta, CEO, Groww Mutual Fund.The scale of the outflow therefore reflects seasonal liquidity management rather than any meaningful shift in underlying sentiment, Gupta said. Source link

Pictet Alternative Advisors announced the final close of Environment Co-Investment Fund I, raising $253 million in committed capital. The fund closed above its $200 million target. Environment Co-Investment Fund I is Pictet’s first dedicated environment co-investment vehicle. The fund builds on Pictet’s long-standing private equity and co-investment experience, while extending the firm’s thematic investing heritage and environmental expertise across private markets. The fund will invest alongside leading private equity managers in companies addressing critical environmental challenges. Most of the portfolio is expected to be concentrated in North America and Europe. Pictet said the fund will back a diversified set of…

Tempus Realty Partners Acquires $42 Million in Arkansas Commercial Real Estate geneonline.com Source link

Perpetuals.com has halted talks to acquire the Trump family cryptocurrency firm’s payments company. “Perpetuals has decided not to further pursue the acquisition of AI Financial Corporation’s subsidiary Alt5 Sigma Canada, Inc. and the earlier letter of intent has been terminated,” the company’s chief strategy officer Matthew Nicoletti said in a brief news release Tuesday (July 14). The announcement comes one week after Perpetuals said it had signed a non-binding term sheet to explore the sale. One day later, the Wall Street Journal (WSJ) reported that AI Financial was in discussions to sell its core business to Perpetuals, a blockchain technology…

Luis “Koreano” Torres and Jordan White to fight for the WBC Silver Lightweight Title Mexican contender Luis “Koreano” Torres will have another opportunity to  nimbly ascend the lightweight rankings when he braces and then faces American Jordan White for the WBC Silver Lightweight Title on August 29 at the Galen Center in Los Angeles, California. Torres enters the bout with a record of 22 wins, 1 loss, and 13 knockouts, while White brings a mark of 20 victories, 2 defeats, and 12 wins inside the distance. The fight will be part of an exciting ProBox TV card and will pit…