Latest news with #assetManagers
Bloomberg
6 days ago
- Business
- Bloomberg
The Great Bitcoin Power Shift Has Large Holders Dumping 500,000 Coins
A silent transfer of control is reshaping the $2.1 trillion Bitcoin market. A steady stream of sales by long-time whales — miners, offshore funds and anonymous wallets — is being matched almost one-for-one by institutional players like ETFs, corporates and asset managers. The result: Bitcoin is struggling to break out of its record high around $110,000, volatility is evaporating, and its place in the investment landscape is being reshaped.
Argaam
6 days ago
- Business
- Argaam
Edaa launches omnibus accounts for traded securities in Saudi market
The Securities Depository Center Co. (Edaa) launched the omnibus accounts for traded securities to enhance the Saudi capital market's attractiveness and operational efficiency for asset managers, according to Tadawul website. Omnibus accounts offer a powerful mechanism that introduces efficiency into transaction processing for asset managers through combining multiple investors into a single account managed by the asset manager, simplifying their investment experience. Through this latest initiative, Edaa seeks to enhance its custody model and enable asset managers to manage investors' assets more efficiently.
Bloomberg
01-07-2025
- Business
- Bloomberg
Asset Owners Angered by ESG Rollback Take Matters Into Own Hands
After being bludgeoned in the US, ESG's sudden regulatory decline in Europe has left institutional investors exploring new levers to force companies to take environmental, social and governance metrics more seriously. Asset managers and asset owners based in northern Europe say they're ready to cut allocations to companies they think are using a lack of regulations as an excuse to be less transparent about their ESG risks. In interviews with Bloomberg, they also say they're ready to consider legal steps to protect their portfolios from climate change and human rights risks.
Bloomberg
11-06-2025
- Business
- Bloomberg
New Generation of Crypto ETFs Edge Closer to RAfter SEC Scrutiny
US regulators have asked Wall Street firms racing to launch Solana exchange-traded funds to revise their paperwork, a sign that the novel crypto investment products may be available to investors soon. At least three asset managers have been asked to amend their US Securities and Exchange Commission filings to address two key features of the funds that track the world's sixth-largest cryptocurrency. At issue are how funds will handle crypto redemptions and whether they plan to allow investors to earn rewards by pledging Solana tokens to help validate blockchain transactions, a process known as staking.
Bloomberg
02-06-2025
- Business
- Bloomberg
Hedge Funds Slash Bullish Yen Bets as Asset Managers Stand Firm
Leveraged funds reduced their bullish yen bets even as asset managers turned more positive, underscoring uncertainty over the Japanese currency's outlook. Short-term funds funds cut their net long positions in the yen by 12,183 contracts in the week ended May 27, their biggest reduction so far this year, according to Commodity Futures Trading Commission data. Meanwhile, asset managers increased their bullish yen wagers by 3,218 contracts over the same period.
