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/2019/09/57e0d3404e56ae14ea898579ce203e7c1d22dfe05556744a722a7ed1_640.jpg
CPPIB to Buy Pattern Energy Group for $2.63 Billion
November 4, 2019

The Canada Pension Plan Investment Board (CPPIB) announced plans to buy Pattern Energy Group for $2.63 billion. CPPIB announced details of the deal for the renewable energy giant on Monday….

https://dailyalts.com/wp-content/uploads/2019/11/55e0d0464c4fb158f6dc8d75ce2a3f63143ad9e75b58774f712e_640.png
Leon Cooperman: Stop Vilifying Billionaires
November 4, 2019

Hedge fund manager tears up while discussing the political divide Hedge fund manager Leon Cooperman teared up on CNBC Monday while discussing his spat with Elizabeth Warren. The U.S. Senator…

https://dailyalts.com/wp-content/uploads/2019/11/Warren_Buffett_in_2010.jpg
Berkshire Hathaway Beats Earnings Despite Global Economic Woes
November 3, 2019

Berkshire Hathaway reported earnings on Saturday (more on why in a moment). Warren Buffett’s firm announced that profits topped Wall Street expectations thanks to resilient consumer spending. The firm’s success…

Simplifya Exec John Vardaman: Cannabis and Banking Bring Transparency
November 1, 2019

Simplifya executive John Vardaman says that the Federal status of cannabis laws make it one of the most transparent industries for banking.

https://dailyalts.com/wp-content/uploads/2019/11/57e2d2474e56af14ea898579ce203e7c1d22dfe05453774d702d78d0_640.jpg
Jeremy Corbyn Takes Shot at Crispin Odey
November 1, 2019

Jeremy Corbyn has launched his campaign for Prime Minister ahead of a December 12 snap election. The British Labour leader used his campaign launch to take shots at Crispin Odey….

https://dailyalts.com/wp-content/uploads/2019/11/52e3dd4a4955ae14ea898579ce203e7c1d22dfe05453774d742d7ad2_640.jpg
ABI Research: U.S. Represents 52.3% of All Artificial Intelligence Investment
November 1, 2019

ABI Research said this week that the United States is the top market for investment in artificial intelligence. According to the study, the U.S. represented 52.3% of all AI investment…

https://dailyalts.com/wp-content/uploads/2019/11/Ares_Capital_Corporation.jpg
Breaking Down Ares Management and Its Earnings Report
November 1, 2019

Ares Management Corporation reported earning this week. Revenue grew by 94% to $466.5 million year-over-year. Earnings per share came in at $0.23. That figure represented a 153% increase over last…

https://dailyalts.com/wp-content/uploads/2019/11/54e2d3414857aa14ea898579ce203e7c1d22dfe05453774a722e7fd0_640.jpg
Key Takeaways from Investor Day at Brookfield Asset Management
November 1, 2019

Brookfield Asset Management held its Investor Day recently. Management made a few things very clear. First, if interest rates remain low, investors will have no alternative except alternative investments.

https://dailyalts.com/wp-content/uploads/2019/11/Hedge-fund.jpg
Francesco Trapani to Launch Bluebell Active Equity Fund
November 1, 2019

Francesco Trapani will launch a hedge fund alongside two advisors of Elliott Management. The former head of Italian jeweler Bulgari SpA is partnering with Marco Taricco and Giuseppe Bivona to…

https://dailyalts.com/wp-content/uploads/2019/11/leasinglanding_properties2-e1572625483418.png
CBL Properties Settles with Activist Investor
November 1, 2019

CBL Properties stock rallied nearly 10% this morning after it reached a settlement with Exeter Capital investors. The real estate giant has added Exeter president Michael Ashner and Carolyn Tiffany…

Scroll to Top