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Fintech: deVere Group Cites Big Weekly Jump in Fintech Usage

deVere Group released a report last week that found that the use of fintech apps in Europe grew by 72% in just a week. The Swiss-based consulting firm said large parts of Europe closed down under quarantine orders. Therefore, consumers turned to mobile and online apps to conduct their personal banking needs and to conduct business. The coronavirus pandemic is likely to cause a global acceleration of fintech usage and product development going forward.

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This is How Much China’s Mutual Fund Industry Could Grow
November 7, 2019

The Chinese mutual fund market could jump 10-fold over the next decade. This prediction comes from Hua An Fund Management portfolio manager David Hu. The manager said that index-tracking mutual…

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U.S. Private Equity Fundraising Hits New Record
November 7, 2019

A new report shows that 2019 broke the record for private equity fundraising A new Pitchbook report says that private equity firms have raised record capital for a year. By…

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Greystar Real Estate Partners Raises $2 Billion for GEP X
November 7, 2019

Greystar Real Estate Partners raised $2 billion for a new U.S. multifamily fund. Further, the new fund will target multifamily investments in the U.S. markets.

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Banking Giant Banco Santander Snaps Up Control of Fintech Ebury To Focus on the Small Guys
November 7, 2019

Traditional bank Santander paid £350 million for 50.1% of payments fintech Ebury. Banco Santander’s focus on small businesses as new clientele led it to buy a controlling interest in Ebury….

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Liquid Alternative ETFs on Institutional Shopping Lists
November 7, 2019

A study commissioned by IndexIQ reveals that there could be a surge in institutional interest in liquid alternative ETFs. This trend could push up their assets to $114 billion, or…

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Artificial Intelligence Bias: On Trust, Complexity, and Diversity
November 7, 2019

Just as in computers “Garbage In = Garbage Out,” so also in Machine Learning: “Bias In = Bias Out.” The Microsoft Twitter chatbot Tay had to be hastily withdrawn after…

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Melvin: Breaking Down Jones Lang LaSalle’s Outlook
November 7, 2019

Jones Lang LaSalle released its third-quarter U.S. Office outlook recently. The global commercial real estate firm found that conditions are generally good.

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The McGillivray Group Ties Up With Canadian REIT District Property Trust
November 7, 2019

Real Estate Expert Scott McGillivray & the McGillivray Group will provide expertise on acquisitions and growth to District Property Trust. Scott McGillivray is an expert real estate investor who owns…

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Emerson Electric Concedes to Activist Fund, Appoints Mark Blinn to Board
November 7, 2019

Emerson Electric, a U.S. factory automation company, has appointed Mark Blinn to its board of directors.

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eToro Bulks Up on Crypto Services; Acquires Delta’s Portfolio Tracker
November 7, 2019

eToro, the multi-asset social and copy trading brokerage, acquired Delta for a reported $5 million. The portfolio tracker gives a bird’s eye view of the crypto market across 6,000 assets…

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