Invesco Hires JP Morgan Veteran to Lead $1.6B Crypto Business: New Bitcoin Er...
Invesco, a $1.9T asset manager, has announced the appointment of Kathleen Wrynn as its main crypto ETF manager. Former JP Morgan veteran, Wrynn is tasked with organizing Invesco’s digital asset strategy and managing its portfolio. According to an Invesco statement, the company has $1.6 billion in digital asset ETFs under management, including three Blockchain and […]
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The chief global market strategist at Invesco, a global investment firm with $1.3 trillion under management, has warned that the Federal Reserve is playing “a dangerous game” with its 75-basis-point rate hikes. She noted that the Fed’s action could lead to “a significant recession.” Invesco’s Chief Strategist on Recession and the Fed’s Efforts to Fight Inflation Invesco’s chief global market strategist, Kristina Hooper, shared her thoughts about the U.S. economy on Bloomberg’s What Goes Up podcast last week. Invesco is a global....
The crypto industry has continued winning the hearts of top shots in the financial sector; especially the Metaverse is attracting more key players . Many worlds central banks now research CBDC and how to implement it. Also, leading institutions in the industry have embraced cryptocurrencies one way or the other. For instance, JP Morgan Chase […]
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious approach,” Tony Roberts, Invesco’s fund manager, explained. Invesco Reveals Metaverse Fund — Investment Manager Plans to Invest in Small, Medium, Large-Cap Startups On Monday, Citywire’s Chris Sloley published a report explaining that the fund manager Invesco (NYSE: IVZ) launched....
Elwood is set to sell its blockchain-focused ETF index to CoinShares for $17 million. European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of July, according to the announcement.Elwood — which is owned by billionaire hedge fund manager Alan Howard — is known for its partnership with Invesco to launch the Invesco Elwood Global Blockchain Equity UCITS ETF, or the Invesco Blockchain ETF in short. By providing exposure....