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/dices-over-newspaper-2656028_1920-preqin.jpg
Hedge Funds: November 2019 Saw Good Gains, says Preqin
December 20, 2019

A rally in the global markets pushed November hedge fund returns higher. The Preqin All-Strategies Hedge Funds benchmark gained +1.29% in November. That built on a +0.88% return in October…

https://dailyalts.com/wp-content/uploads/2019/12/puzzle-2500328_1920-citi-valueact.jpg
Hedge Funds: ValueAct Capital Gets Access to Confidential Citi Information for Another Two Years
December 20, 2019

ValueAct Capital Gets Access to Confidential Citi Information for Another Two Years. In return, ValueAct will support Citi’s board and management. ValueAct Capital, one of the most followed activist hedge…

https://dailyalts.com/wp-content/uploads/2019/12/financial-2065895_1920-SEC-accredited.png
Alternative Investments: SEC to Redefine The Term “Accredited Investor”
December 20, 2019

The SEC is proposing to amend the rules that define the term “accredited investor,” a class of investors allowed to invest in private market investments such as hedge funds and…

https://dailyalts.com/wp-content/uploads/2019/12/play-3116751_1920-j-litt-glp-vici.png
Activist Update: Jonathan Litt Wants to Create a Casino REIT Colossus
December 20, 2019

Jonathan Litt Wants to Create a Casino REIT Colossus. Litt’s firm, Land & Buildings (L&B), has accumulated a “significant” position in GLPI, Litt revealed on Twitter on Wednesday. Besides, GLPI…

https://dailyalts.com/wp-content/uploads/2019/12/52e6dd4a4b54a514ea898579ce203e7c1d22dfe05457794d722879d6_640.jpg
Melvin: Hedge Fund Tiger Cubs Still Bullish on Chewy, But Why?
December 20, 2019

Is Chewy a good stock to buy? Not according to David Einhorn. In his 2nd quarter shareholder letter, the Greenlight Capital manager talked disparagingly about Chewy (CHWY), the online pet products…

https://dailyalts.com/wp-content/uploads/2019/12/artificial-2970158_1920-walmart.jpg
Artificial Intelligence: Walmart’s Cutting Edge Use of AI and Machine Learning in Retail
December 20, 2019

Walmart straddles both brick-and-mortar and online, giving it a unique tech perspective. In new applications, Walmart uses machine learning, barcode technology, facial recognition, IoT, and RFID to enhance the shopping…

Warburg Pincus’ Jeffrey Perlman Bullish on Vietnam
December 19, 2019

Jeffrey Perlman of Warburg Pincus is bullish on Vietnam and worried about companies with a high cash-burn rate. In an interview with DealStreetAsia, the Warburg managing director outlined his views…

https://dailyalts.com/wp-content/uploads/2019/12/pills-3673645_1920-biotech-Etfs.jpg
Alternative Investments: Biotech ETFs Suffer from Political Posturing on Drug Prices
December 19, 2019

The iShares Nasdaq Biotechnology ETF (NasdaqGS: IBB), the largest biotech-related ETF, has been losing ground since Monday. The ETF is locked inside a downward channel and is making lower-highs and…

https://dailyalts.com/wp-content/uploads/2019/12/50e5d7464c52b114a6d98074cf213576083edbe25556774d722c72_640.jpg
Dealbook: Private Equity Fundraising to Drop in 2020
December 19, 2019

Private equity fundraising is set to decline next year, according to Pitchbook. In a report, the research firm projected that PE capital raising would slow down in the European and…

https://dailyalts.com/wp-content/uploads/2019/12/stock-1863880_1920-OKEx.jpg
Digital Assets: Malta-based Digital Asset Exchange OKEx Launches Options Trading
December 19, 2019

Malta-based Digital Asset Exchange OKEx Launches Options Trading. With the launch of options trading, OKEx becomes the first crypto exchange to offer crypto-to-crypto (C2C), Scott, futures, perpetual swap, and options…

Scroll to Top