News

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.

Top Story

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…

Read more

Get Daily Updates

Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.

  • This field is for validation purposes and should be left unchanged.

https://dailyalts.com/wp-content/uploads/2019/12/present-1893640_1920-fund-fees-cut.jpg
Alternative Investments: Christmas Cheer as Fund Managers Cut Fees
December 26, 2019

In the ongoing ‘race-to-zero,’ Vanguard and Dimensional both cut fees this week. Vanguard lowered expense ratios on three international income-oriented funds and four externally managed equity funds on December 19….

https://dailyalts.com/wp-content/uploads/2019/12/hands-2805608_1920-china-default.jpg
Alternative Investments: Chinese Corporate Defaults Touch Record in 2019
December 26, 2019

As 2019 grinds to a close, Chinese corporate defaults surged to a record RMB 130 billion ($18.6 billion). According to FT, which cited Bloomberg data, this value eclipsed the previous…

https://dailyalts.com/wp-content/uploads/2019/12/20-yuan-1529728_1920-chinese-digital-curr.jpg
Digital Assets: A World-beating Digital Yuan Taking Shape?
December 26, 2019

Mu Changchun, head of the People’s Bank of China’s digital currency research institute, said China’s “central bank digital currency” (CBDC) would be “a digital form of the yuan.” Mu is…

https://dailyalts.com/wp-content/uploads/2019/12/Rivian-Source-Website.jpg
Venture Capital: Electric Vehicle Maker Rivian’s Monster Funding Round
December 26, 2019

Rivian just raised $1.3 billion from top-notch investors. The humongous new raise, led by T Rowe Price, added $1.3 billion to Rivian’s coffers. It included existing investors Ford Motor and…

https://dailyalts.com/wp-content/uploads/2019/12/online-banking-4299345_1920-libra-schedule.jpg
Digital Assets: Facebook’s Libra Rollout Plan Hazy
December 25, 2019

There is no concrete plan yet for the launch of the Facebook-led Libra digital currency, according to Reuters’ interview with Ellis. Though Libra is scheduled to roll out by June…

https://dailyalts.com/wp-content/uploads/2019/12/bitcoin-3656764_1920-quantum-attack.jpg
Digital Assets: The Dawn of Quantum Computing a Nightmare for Bitcoin?
December 24, 2019

Google’s recent announcement of successful quantum computing could spell doom for 4 million bitcoins. Bitcoin is a massively juicy target for a quantum computing criminal. Financial analysts have long predicted…

Private Equity Firm Lone Star Looking to Buy Unizo Holdings?
December 24, 2019

Unizo Holdings, the Japanese hotel company, said this weekend that a new bidder has emerged with a friendly offer. U.S. investment fund Lone Star is expected to launch a tender…

https://dailyalts.com/wp-content/uploads/2019/12/great-wall-of-china-317990_1920-amundi-bocwm.jpg
Alternative Investments: As China Liberalises, Amundi Wins Joint Venture Approval
December 24, 2019

Amundi Asset Management gains an early mover advantage in China. Amundi, Europe’s largest asset manager with € 1.563 trillion of assets, secured approval for the first foreigner controlled wealth management…

https://dailyalts.com/wp-content/uploads/2019/12/55e7d4404952b114a6d98074cf213576083edbe25450744c712e7c_640.jpg
Negative Interest Rates Accelerate in Europe, Impact Fund Fees
December 24, 2019

Negative interest rates have added another casualty. According to Pensions and Investments, 50.7% of European government bonds and 28.3% of euro-denominated investment-grade corporate bonds have negative yields.

https://dailyalts.com/wp-content/uploads/2019/12/5fe1dd464d57b114a6d98074cf213576083edbe25451744b722978_640.jpg
Morgan Stanley Investment Management Raises $5.5 Billion for Its Third Global Infrastructure Fund
December 23, 2019

Morgan Stanley Infrastructure Partners (MSIP) announced it has raised $5.5 billion for North Haven Infrastructure Partners III. The private infrastructure investment team within Morgan Stanley Investment Management (MSIM) raised that…

Scroll to Top