Today Moody’s published a short report on tokenized funds, noting the popularity of funds backed by government bonds from traditional asset managers such as Franklin Templeton and WisdomTree. Some touted benefits of fund tokenization include broader access through fractionalization, lower costs, and enhanced liquidity. However, so far the biggest takeup has been from the crypto sector for government bond-backed funds
(WHTM) — Sometimes our lives don’t go according to plan. Things like urgent house repairs, health emergencies, or layoffs at work can change your financial situation in an instant. That’s why it’s important to set money aside for when you need it. If you’re hit with large, unexpected costs or if you lose
Voya Financial is a company based in New York City that specializes in retirement, investment and insurance services. The company has accumulated assets under management of $306 billion over 50 years and has a team of more than 300 experts that prioritizes diversity, equity and inclusion in their approach. Voya also integrates environmental, social and
Saudi Crown Prince Mohammed bin Salman (right) welcomes Chinese President Xi Jinping in Riyadh on December 8, 2022. Photo: AFP “Middle Eastern sovereign wealth funds see opportunities in the attractive valuations of Chinese companies at the moment, and in the medium to long-term they are also very bullish on China and want to strengthen ties
ORLANDO, Florida, Jan 15 (Reuters) – The U.S. dollar is off to a strong start this year but no thanks to hedge funds and foreign exchange speculators, who have extended their bets against the world’s reserve currency to levels last seen in August. The latest Commodity Futures Trading Commission data show that funds increased their
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Asset managers have warned of a “major and serious risk” to European capital markets
The House Freedom Caucus railed against the latest short-term government funding bill, suggesting it is a “surrender” to the left as lawmakers seek to avert a government shutdown by the looming Friday deadline. “The @HouseGOP is planning to pass a short-term spending bill continuing Pelosi levels with Biden policies, to buy time to pass longer-term
The Department of Social Services recently reported that 56,721 applications for the Connecticut Energy Assistance Program had been approved through mid-December, up 18.6% from the 2022-23 heating season. Republican-American Archives Connecticut’s relatively mild winter to date hasn’t prevented a huge surge in demand for heating assistance funds from poor households. But despite that jump –
TOKYO >> Japan’s Prime Minister Fumio Kishida said he was “speechless” by the severity and immense destruction of the disaster zone he saw during the helicopter ride on his first visit to the country’s north-central region of Noto since the deadly Jan. 1 earthquakes, amid worries about spreading diseases in evacuation centers. Kishida pledged to
All three Springfield nonprofits that applied for American Rescue Plan Act funding to create emergency shelters are in line for nearly $3 million, well above the amount allocated by the city for the program. After being presented with recommendations from city government staff to award The Salvation Army more than $1.86 million and Women’s Medical