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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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Paypal Blocks Payments to PornHub Models; Cryptos See Opportunity
November 14, 2019

Pornhub is up in arms against PayPal for suddenly blocking payments to its 100,000 models. “We are all devastated by PayPal’s decision to stop payouts to over a hundred thousand…

Bank-branded Checking Accounts Soon from Google
November 14, 2019

Google is partnering with Citigroup and the Stanford Federal Credit Union to offer checking accounts by next year. Checking accounts. That all-important banking bastion may fall as cashed-up, data-heavy, and…

These Funds Were the Biggest Laggards in 2019
November 14, 2019

In a raging bull stock market, the biggest losers in 2019 were obviously funds that were short, or bet on volatility. A Morningstar compilation of the 20 top loser funds…

IMF Analyst: A Lot of Mutual Funds Could Collapse in a Panic
November 13, 2019

International Monetary Fund analyst Laura Kodres warns that investors are putting too much faith in mutual funds. According to Deutsche Bank, half of the high-yield asset funds could experience liquidity…

Is China Winning the Artificial Intelligence Race?
November 13, 2019

The artificial intelligence race draws many comparisons to the moon race between the United States and China. But is that an overreaction, and, if so, who is winning right now?

Facebook’s New Payment System to Roll Out This Week in the U.S.
November 13, 2019

Facebook announced Tuesday the launch of Facebook Pay, a new payment system. Facebook Pay will handle payments across the Facebook ecosystem, namely, Facebook, Messenger, Instagram, and WhatsApp. Payments via Facebook…

Bad to Worse: WeWork Bonds are Plunging
November 13, 2019

WeWork bonds hit new lows this week after a financial review of the company MarketAxess.

Woodford Investors Might Lose One-Third of Their Money
November 13, 2019

The LF Woodford Equity Income Fund might lose more than one billion pounds, according to a new Reuters report. The fund – backed by 300,000 investors – failed due to…

New Swiss Regulated Bank is a Bridge Between Traditional Banking and Crypto
November 13, 2019

Switzerland -headquartered SEBA Bank AG became fully operational on Tuesday and started taking on Swiss customers. It received a banking and securities dealer license from the Swiss Financial Market Supervisory…

JP Morgan Invests in “Research Atomising” Startup Limeglass
November 13, 2019

JP Morgan invested an undisclosed amount in a startup that uses AI and NLP to simplify and focus research documents. Imagine you wanted to find all references to Netflix in…