Corporate Moves
Fidelity Looks to Expand in Asset Tokenization
The firm recently listed a tokenized money market fund.
Liquidity requirements reframe the need for diversification.
Tech stocks remained the $527.3 billion pension fund’s top holdings, led by Nvidia, Microsoft, and Apple, despite dumping 22% of its Alphabet shares.
Foley joins the Nuveen affiliate from Franklin Templeton.
The Québec pension fund’s asset value rose to $357.5 billion.