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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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Fintech: M&A In the Fintech Space Will Heat Up

One of the clear winners, if there is such a thing of the current economic situation, will be fintech companies. And we can expect to see a wave of fintech M&A as a result. There was already a trend towards digital platforms in the financial services industry. Now it’s just accelerating. Even those who prefer a hands-on face-to-face meeting on financial matters are turning to online platforms. They have to do so. Many banks are only offering drive-through services. This means more complex transactions are moving online. Why Fintech M&A Will Heat Up The shift to increased digital use in financial services will also accelerate the fight between incumbent banks, brokerages, and insurance companies to capture market share in a new digital marketplace. Underfunded startups will struggle. They lack the ability to spend billions of dollars a year like their larger financial counterparts. The smaller firms will also need to find funding sources to survive until economic activity begins to normalize. Fintech companies also have to be very careful about execution risk right now. Consider Robinhood, the online brokerage firm. Their system failed as markets became disrupted by the spread of the coronavirus virus in the United States. The future…

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Alternative Investments: Decline in IPOs Worldwide as Investors Prefer Private Markets
December 30, 2019

There is a striking decline in the number and value of Initial Public Offerings (IPOs) to raise capital across the globe. Macro-economic and political factors such as trade wars, Brexit,…

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Liquid Alternatives: Franklin Templeton Launches FLSP, its First Alternative ETF
December 30, 2019

Franklin Templeton added a new active fund to its ETF range. The Franklin Liberty Systematic Style Premia ETF (FLSP) is an alternative ETF that is actively risk-managed, seeking a target…

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Hedge Funds: Investors Looking to Bail? The SS&C GlobeOp Forward Redemption Indicator is at a 12-Month High
December 30, 2019

The SS&C GlobeOp Forward Redemption Indicator for December is up marginally from last month. Simply put, the SS&C GlobeOp Forward Redemption Indicator shows how much investors are looking to bail…

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Digital Assets: Singapore’s MXC Exchange to Launch Leveraged Crypto ETFs
December 30, 2019

Singapore’s MXC Exchange to Launch Leveraged Crypto ETFs. It announced December 28 the launch of its range of leveraged ETFs based on cryptocurrencies BTC, ETH and EOS. These ETFs are…

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Venture Capital: Octopus Sells Stake in Zynstra for £100 Million
December 30, 2019

Octopus Ventures, a VC firm based in London, has sold its stake in virtualization tech firm Zynstra. Reports state that the deal was worth £100 million and the buyer is…

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Venture Capital: WeWork Golden Parachutes Are Very, Very Golden for Executives
December 30, 2019

The WeWork golden parachutes emerged from company documents over the weekend. Earlier this fall, the real estate firm received a bailout from SoftBank. The Financial Times recently gained access to…

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Hedge Funds: Josh Samuelson to Retire from PointState Capital
December 30, 2019

Josh Samuelson is departing PointState Capital, the firm he co-founded. According to a letter from co-founder Zach Schrieber, Samuelson “has decided to retire from investment management.” The manager plans to…

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Baidu Tops Google and Microsoft in Artificial Intelligence Competition
December 30, 2019

Baidu Artificial Intelligence has overtaken two of the world’s leaders in the industry. The Chinese tech giant topped Microsoft and Google in a recent artificial intelligence competition.

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Private Equity: KKR Buys Overdrive in Latest Digital Media Push
December 30, 2019

Private equity investor KKR will purchase OverDrive Inc in a deal that will alter the future of digital reading. The Rakuten subsidiary is a widely used digital reading platform in…

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Hedge Funds Record Best Year Since 2013, But Departures Loom
December 30, 2019

Hedge fund returns in 2019 averaged 8.5% but fell well short of the broader market rally. Heading into Monday, the S&P 500 has gained 29.1%. HFR says that the firm…

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