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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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DailyAlts Weekend Reading List – February 21, 2020

The DailyAlts weekend reading list features the best news and commentary from around the web.

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Credit Suisse To Include ESG Criteria in Fund Assets Worth CHF 100 Billion By 2020
October 1, 2019

Credit Suisse Asset Management is set to introduce an ‘environmental, social, and corporate governance (ESG)’ investing framework across its funds The Credit Suisse ESG initiative will initially include 30 funds…

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Credit Suisse COO Out Due to Spying Scandal (and Other People on the Move)
October 1, 2019

The Credit Suisse COO has stepped down after a bizarre spying scandal rattled the firm. An internal probe at the firm found that Pierre-Olivier Bouée ordered the spying on the…

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Wave Financial Launches Yield Fund Based On Cryptocurrency Derivatives
October 1, 2019

Wave Financial is addressing the fast-developing interest in option strategies in the cryptocurrency sector with its Wave Bitcoin (BTC) Income and Growth Digital Fund. The Wave Financial fund will hold…

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Franklin Templeton and K2 Advisors Launch Liquid Hedge Fund Strategies
October 1, 2019

The Franklin Templeton Alternatives Funds (FTAF) offers five new liquid hedge fund strategies through K2’s managed account platform.

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Wasatch Global Investors Launches Two New Funds
October 1, 2019

Wasatch Global Investors has launched two new mutual funds. They are the Wasatch International Select Fund and the Wasatch Global Select Fund.

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Challenger Bank Revolut’s Losses Double As Costs Surge
October 1, 2019

Revolut, the challenger bank and famed European unicorn, lost £32.8 million ($40.3 million) in 2018. The UK-based fintech reported a 247% jump in its cost of sales attributable to user…

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Leeds Equity Partners Buys VitalSmarts from TwentyEighty
October 1, 2019

Leeds Equity Partners has acquired VitalSmarts from TwentyEighty. Vital Smarts is a provider of communication, execution, and, leadership development training.

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Artificial Intelligence: Novartis And Microsoft Team Up to Transform Global Medicine
October 1, 2019

Novartis announced its plan for founding the Novartis AI innovation lab in collaboration with Microsoft as the AI and data-science partner. The Novartis-Microsoft alliance will “reimagine medicine” and boost Novartis’…

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Credit Suisse Asset Management Makes ESG Announcement
October 1, 2019

Credit Suisse Asset Management announced plans to adopt ESG factors into all of its investment decisions. The firm said that any fund with more than CHF 20 billion in assets will…

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RBC Global Asset Management has launched the RBC BlueBay Global Bond Fund
October 1, 2019

RBC Global Asset Management has launched the RBC BlueBay Global Bond Fund. The company calls it “a globally diversified fixed-income fund designed as a core portfolio holding for U.S. investors.”

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