AssetManagement

BlackRock Expands Model Portfolios with Addition of iBIT for Alternative Investments

1 month ago

In a strategic move aimed at diversifying its investment offerings, BlackRock has recently integrated the iBIT (Investment in Blockchain-Token) into its model portfolios, which predominantly cater to financial advisors and institutional clients. This marks a significant shift in the asset management giant’s approach to alternative investments, responding to a growing demand for innovative and varied asset types in investment strategies.

Digitft Launches Tokenized Version of $6.3 Billion Invesco Fund, Pioneering the Future of Digital Investments

2 months ago

In a groundbreaking move within the financial services sector, Digitft is set to offer a tokenized version of the Invesco Fund, which currently holds approximately $6.3 billion in assets. This innovative financial product is a significant milestone for digitizing traditional investment vehicles, enabling broader access and improved liquidity for investors.

BlackRock Suggests a 2% Bitcoin Allocation as a Prudential Investment Strategy

4 months ago

In a recent analysis by BlackRock, the world's largest asset management firm, investment experts have proposed that a mere 2% allocation to Bitcoin within a diversified investment portfolio is a reasonable and prudent approach for investors. This assertion comes in response to the growing interest and adoption of cryptocurrencies in both institutional and retail investing landscapes.

BlackRock Proposes BUIDL Token for Crypto Exchange Collateral

6 months ago

In a significant move within the cryptocurrency landscape, BlackRock, the world's largest asset manager, has put forth a groundbreaking proposal aimed at enhancing the security and efficiency of crypto exchanges. This initiative revolves around the adoption of the BUIDL token as collateral for trading operations on these platforms. This proposal could potentially reshape the way risk management is approached in the rapidly growing crypto trading ecosystem.

Telecom Italia Takes Strategic Step: CEO Authorized to Explore Sale of Sparkle

7 months ago

In a significant development, the board of Telecom Italia has empowered Chief Executive Officer Pietro Labriola to negotiate an offer for its submarine cable business, Sparkle. The decision has assumed significance as it came when Telecom Italia was streamlining its operations and divesting the businesses that were not core to the company.

Use of BlackRock Tokens as Collateral Moves Closer to Mainstream

7 months ago

The deal constitutes an important step in the integration of BlackRock tokens into core financial applications. The behemoth asset manager is now poised to cross a new threshold, enabling its tokenized assets to be extended as security against a host of financial transactions, constituting perhaps the next leg in the journey of digital asset inroads into mainstream finance-and a first for the financial world.

Masdar Agrees to Acquire Spanish Renewables Firm from Brookfield

7 months ago

Masdar's acquisition of Eolia Renovables, a Spanish renewable energy company, from Brookfield Asset Management, delineates a serious expansion into its foreign footprint of renewable energy. The deal underlines Masdar's commitment to sustainable energy and further strategic expansion into the European market.