March 28, 2024
Finance

Barron’s 100 Most Influential Women in U.S. Finance: Alesia Haas

Coinbase Global’s stock has almost quadrupled since its chief financial officer was profiled here in 2023. That Alesia Haas’ strategy has been consistent speaks volumes more than the share price. Having steered the broker through a prolonged Bitcoin bear market, Haas, 47, is now riding the rally that has picked up since the Securities and

Read More
Investment

Barclays plans hundreds of job cuts within its investment bank

Barclays is preparing a fresh wave of job cuts that will affect hundreds of employees within its investment bank, according to reports. The UK lender, which unveiled a strategy revamp in February in a bid to boost returns and cut costs, will strip out hundreds of roles across investment banking, research and markets, Bloomberg reported.

Read More
Investors

Should Investors Buy Bitcoin ETFs? Financial Advisors Weigh In.

How are financial advisors feeling about Bitcoin these days? In years past, many have expressed deep skepticism, citing price volatility, regulatory uncertainties, and even cryptocurrencies’ use in criminal activities. While plenty of doubts remain, the landscape has changed. In January, the Securities and Exchange Commission approved 11 spot Bitcoin ETFs. Two of the biggest, BlackRock’s

Read More
Crypto

Coinbase Stock Has Soared. Why the Crypto Platform’s Shares Could Keep Rising.

Coinbase , one of the hottest stocks of the past year, still has room to run, according to some analysts. The trading platform’s shares continue to ride the wave of enthusiasm over financial advisors and institutions’ growing adoption of Bitcoin and other cryptocurrencies. Coinbase Global stock has been one of the top performers of the

Read More
Finance

New Bitcoin ETFs Are Raking in Cash But Not From Financial Advisors. Here’s Why.

The new crop of exchange-traded funds offering direct exposure to Bitcoin may have accumulated billions in new assets in the two months since they hit the market, but experts say that’s not because advisors have suddenly jumped on the crypto bandwagon. Most advisors aren’t permitted to talk to clients about the so-called spot Bitcoin funds,

Read More
Funds

Retired Investors Can Benefit From Actively Managed Funds. It’s All in the Timing.

Many advisors are turning away from mutual funds in favor of exchange-traded funds and separately managed accounts to build client portfolios. But not Jeff Leonard, founder and managing partner of Leonard & Martens, a 25-year-old Anchorage, Alaska, practice under the Raymond James umbrella with $1.2 billion in assets under management. Leonard has tried SMAs and

Read More
Property

LGIM overhauls UK property fund amid sector liquidity fears

Legal and General Investment Management is set to overhaul its UK property fund amid pushback from investors and the regulator around liquidity issues plaguing the sector. Under the new structure, LGIM will adopt a “hybrid” approach: 45% of the portfolio will be held in direct property, with 45% reallocated into shares of globally listed real estate investment trusts.

Read More
Crypto

Bitcoin ETF activity has been ‘additive’ to crypto demand, says Robinhood CFO

Last Updated: Feb. 14, 2024 at 6:24 a.m. ET First Published: Feb. 14, 2024 at 4:29 a.m. ET One of the big concerns for investors in Coinbase Global is that the launch of spot bitcoin exchange-traded funds would hurt its main crypto brokerage. At one competitor, that’s not been the case. Robinhood Markets HOOD CFO

Read More
Investors

Stock-market investors fear a megacap meltdown. Here’s what history says.

Investors spent 2023 fretting about the sustainability of a stock-market rally largely driven by a handful of megacap tech stocks. Those worries remain in place as the S&P 500 has returned to record territory in the new year. “With the usual set of select megacap stocks pacing early 2024 performance, concentration-risk worries have been getting

Read More