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.

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Digital Assets: UAE a Flag-bearer for Blockchain Technology Deployment

The UAE is a Flag-bearer for Blockchain Technology Deployment. A joint white paper has been issued by the World Economic Forum and the United Arab Emirates’ Centre For The Fourth Industrial Revolution. Titled “Inclusive Deployment of Blockchain: Case Studies and Learnings from the United Arab Emirates,” the paper provides global decision-makers insights into the UAE’s experience with blockchain implementation.

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Federal Reserve’s Harker: The Fed Will Have a Digital Currency (One Day)
October 7, 2019

Digital currency may come to the Federal Reserve in the future. Philadelphia Federal Reserve President Patrick Harker expects that the U.S. central bank will begin issuing a digital currency.

John McAfee Invents Something on Blockchain
October 7, 2019

McAfeeDex is poised to launch on Monday. Bitcoin advocate John McAfee announced the launch of his latest crypto project on Friday.

Elizabeth Warren: Everything is Wrong with Private Equity, Everything
October 6, 2019

The “Elizabeth Warren War on Private Equity” hit a new stride after the Democratic candidate took aim at PE firms that own or back for-profit colleges. Recently, Senator Warren (D-Mass)…

Peter Thiel’s VC Firm is Suing “Winnie Cooper’s” Sister
October 5, 2019

Crystal McKellar played Becky Slater on The Wonder Years. Her older sister is Danica McKellar, who played Winnie Cooper. And today, she faces a breach of contract lawsuit from Peter Thiel’s…

Mall REITS Reeling after Forever 21 Bankruptcy
October 4, 2019

Forever 21 is just the latest retailer to file bankruptcy and announce a wave of store closings. The news will impact Real Estate Investment Trusts that own mall properties (Mall REITs).

Waratah Capital Advisors’ New Liquid Alternative Mutual Fund
October 4, 2019

The Waratah Alternative Equity Income Fund gives investors access to one of the Group’s flagship strategies and star portfolio manager Jeannine LiChong. The Waratah Alternative Equity Fund is the firm’s…

Mutual Fund Giant Vanguard to Test P2P FX Trading with Blockchain
October 4, 2019

Mutual fund giant Vanguard Group has started testing a peer-to-peer FX trading platform. The experiment is part of a partnership with Symbiont.

PayPal is AWOL at Libra Association Meeting on Digital Assets
October 4, 2019

Paypal was a prominent absentee at a crucial strategy meeting of the Libra Association held in Washington Thursday. The 28 member Libra Association backs Facebook’s globe-spanning plan for the Libra…

Oil Rich Norway’s Government Pension Fund Slashes Exposure to… Oil Production
October 4, 2019

Norway’s Government Pension Fund Global, Oslo, will cut its exposure to upstream energy production. The pension fund will cut 50 billion Norwegian kroner ($5.5 billion) in equity allocation from its…

IndexIQ And Nasdaq Dorsey Wright Tie Up to Offer A Liquid Alternatives ETF Model
October 4, 2019

IndexIQ launched the IQ Alternative Allocation Model, the first liquid alternative model on its platform, in collaboration with Nasdaq Dorsey Wright. The IQ Alternative Allocation Model provides an absolute return…