Asset Management: Is BlackRock becoming a tech company?

One thing to start: How Sam Bankman-Fried blurred lines between FTX and Alameda. In an interview with the Financial Times, the former billionaire admits that he was more involved in investment and financial decisions at the nominally separate trading firm than he has previously suggested.

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Goldman Sachs wants a bigger piece of Europe’s $29 trillion asset management business

The US investment bank revealed Thursday that it has agreed to buy NN Investment Partners, which has $355 billion in assets under management, from insurance company NN Group (NNGPF).

“This transaction will bring assets under [our] supervision in Europe to over $600 billion, aligning with the firm’s strategic objectives to scale its European business and extend its global reach,” Goldman Sachs said in a statement.

There are nearly €25 trillion ($29.2 trillion) in assets under management in Europe, according to the European Fund and Asset Management Association (EFAMA), making it the second biggest market after the United … Read more

Dealing with Bitcoin as a Business Asset

Many experts agree that people and businesses should change their attitudes towards Bitcoin and other crypto assets. Like other regulation areas, insolvency is dealing with an increase in mainstream crypto-asset use. Currently, this sector is facing several issues and looking for ways to address them.

When some people hear others utter the word “cryptocurrency,” they think about shady characters that want to steal their traditional money. Others assume that Bitcoin and other electronic currencies are for individuals on the dark web. But is this true? How should the world deal with cryptocurrencies in an insolvent estate?
Increasing Cryptocurrency Value


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