Asset Allocation
39% of Family Offices Are Crypto Investors or Are Eyeing It
The findings were part of BNY Mellon Wealth Management’s first report on these funds.
The bank hired digital asset tech firms Fireblocks and Chainalysis to help develop multi-asset platform.
While plans with the highest fixed income allocation outperformed peers, few were unscathed.
US, Canadian equities were top-performing asset classes.
Liberty Mutual gets a new branch executive, BNY Mellon hires a new chief risk officer, and more.
US equities were the top-performing asset class.