Virtual Investment Assistant, A Powerful AI Based Automated Asset Management ...
The world is increasingly moving towards automation, starting with robots taking the place of humans on the assembly lines of today’s industries. The rise of machine learning and artificial intelligence has opened a lot of new avenues for automation, and one of them is online trading. VIA – Virtual Investment Assistant is one such Asset […]
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KB Asset Management to utilize AI-based investment strategy research along with an outsourced chief investment officer to launch digital asset products.
The new Guggenheim Active Allocation Fund will be a diversified, closed-end management investment fund that may seek investment exposure to cryptocurrencies. Global investment firm Guggenheim Investments has filed with the United States Securities and Exchange for a new fund that may seek exposure to Bitcoin (BTC).According to a Tuesday filing, the new Guggenheim Active Allocation Fund will be a diversified, closed-end management investment fund that may seek investment exposure to cryptocurrencies like Bitcoin through cash-settled derivatives instruments. Such instruments include....
The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs. Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21 that it had formed a Digital Asset Management Preparatory Committee to determine product and strategy capabilities regarding digital assets and artificial intelligence investment funds. The bank expects to launch crypto exchange-traded funds (ETFs) and futures products. The committee will also assess risk and....
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From Bitcoin Investment London-based asset management firm Ruffer revealed that it made $1.1 billion in profit from its bitcoin investment in five months, The Sunday Times reported on June 6. The firm has about £22.4 billion ($32 billion) under management as of April 30. Hamish Baillie, an....
On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). Wealthfront Connects Customers to Two Grayscale Trusts This week Wealthfront has added two Grayscale crypto trusts to the firm’s menu of investments. Wealthfront is an automated investment operation sometimes....