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Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

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Canadian Listed ETF Assets Race Past the $200B Mark

Canadian ETFs have put on a powerhouse performance this year, crossing the $200 billion mark by end November.

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Walmart Canada To Roll Out World’s Largest Blockchain For An Industrial Application
November 18, 2019

Walmart Canada and blockchain company DLT Labs collaborated to develop the retail giant’s automated freight tracking and payments system. The new blockchain-based logistics system will use distributed ledger technology. It…

Another Shot to Icahn – HP Rejects Xerox Takeover Bid
November 18, 2019

Carl Icahn and Xerox will have to do more to convince HP to accept a takeover bid. On Sunday, HP’s board of directors rejected an unsolicited $22 per share offer…

Weekend Conversation: Neocova Co-Founder and CEO Sultan Meghji
November 16, 2019

Five years ago, Neocova Co-Founder and CEO Sultan Meghji worked on an aid mission in Africa to improve financial services in Africa and other emerging markets. The primary goal was…

RIA Deal Fervor Continues: Bluespring Wealth Acquires Vector Wealth Management
November 15, 2019

Founded in 1993, Vector Wealth Management is a wealth management and financial advisory RIA located in Minneapolis. The $1.1 billion firm was acquired by Bluespring Wealth Partners, as announced Thursday,…

Lazard to Launch Venture and Growth Banking Unit in London
November 15, 2019

The firm hires two key executives to lead European initiatives Lazard has hired two Numis executives to launch a new group in Europe. The team will focus on European private…

U.S. National Debt Not Good for Our Kids and Grandkids (Powell); Would Bitcoin Be?
November 15, 2019

In what should be a wake-up call to the powers-that-be, Federal Reserve Chair Powell warns of unsustainable US national debt. Speaking during testimony before the Congress’ Joint Economic Committee on…

How Serious Should We Take ESG Investing in 2020?
November 15, 2019

Sustainable funds are hardly sustainable based on their carbon footprint. The Wall Street Journal reported Wednesday that eight of the largest 10 sustainable funds in the U.S. have oil and…

Guild Education Hits $1 Billion Valuation
November 15, 2019

Guild Education is the latest company to join the exclusive unicorn club this year. The firm announced it has closed its Series D round, pulling in $157 million in the…

Alibaba’s “Escape Valve” Listing in Hong Kong Will Be Paperless
November 15, 2019

Alibaba is choosing to list its forthcoming IPO in Hong Kong as a backup base outside its US listing. It likely has an apprehensive view of the US-China trade wars…

Mitsui Fudosan Scores Facebook as Tenant at Hudson Yards
November 15, 2019

Facebook is moving to Hudson Yard, the single largest private real estate project in the United States. The social media giant will lease 30 floors and three buildings in the…