Asset Allocation
Battered Stocks and Bitcoin Are Increasingly Correlated
The closer matches between old-school and new-school assets are a switch from a year ago.
Tag: Cryptocurrency
Regulation
Bill Would Silence Labor Department on 401(k) Investment Guidance
The Financial Freedom Act’s sponsor says the federal government should not involve itself in investment choices for retirement plans.
Regulation
Regulators Unhappy With Bitcoin in Retirement Plans
This comes after Fidelity Retirement announced it would offer bitcoin as an investment for its 401(k) plans.
Newsmakers
Black Investors Increase Saving and Investing, But Also Risk
Survey finds more saving and investing among Black Americans, but also historically low stock market participation.
Asset Allocation
Crypto: Not So Uncorrelated After All, Says Morningstar
Bitcoin and other virtual currencies hew more closely to stocks in downdrafts, a study finds.
Asset Allocation
Crypto Adoption Among Canadian Institutional Investors Accelerates
KPMG says crypto investing among institutional investors is rising sharply and shows no signs of slowing down.
Regulation
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Regulation
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Regulation
Labor Dept. Warns Fiduciaries About Offering Crypto in DC Plans
The Employee Benefits Security Administration said 401(k) fiduciaries should use ‘extreme care’ before adding crypto options to a plan.
Regulation
Biden Digital Asset Executive Order Aims to Tame Crypto
White House provides guidelines that seek to harness the positive aspects of crypto while mitigating its abuse.
Regulation
Founders of Crypto Exchange Plead Guilty to Violating Bank Secrecy Act
Justice Department says BitMEX was essentially a money-laundering platform.
Risk
Rising Crypto-Equity Correlation Raises Bitcoin Stability Concerns
Am IMF report warns increasing crypto correlation with stocks limits its diversification benefits and increases volatility.
Manager Selection
Sean Bill, CIO of Santa Clara Valley Transportation Authority, to Retire in March
He will be taking a new position as chief investment officer of Bay Area private credit fund Prime Meridian Capital Management.
Risk
Cryptocurrency Trader ‘Coin Signals’ Pleads Guilty to Commodities Fraud
Jeremy Spence, whose trades consistently tanked, lured investors with tales of 148% returns.
Asset Allocation
REST Could Be First Australian Pension Fund to Invest in Crypto
CIO Andrew Lill said digital assets are a ‘very interesting and important part of our portfolio going into the future.’