In the Margins
London-based Marex Solutions created what it says is the first structured product to be registered, cleared and settled using blockchain, the distributed ledger technology underpinning Bitcoin. The two-month pound-denominated notes pay a coupon of up to 13% per year based on the performance of the FTSE 100 Index, according to a term sheet. Marex declined to say how much was sold to retail investors in the private placement on Friday. Read the original story from Bloomberg.
Most Read
Mutual fund boardrooms are more diverse than ever, with the percentage of women and individuals representing a racial or ethnic minority group increasing annually—and at a ...
Independent mutual fund directors earned more in 2022 than they did in 2021, according to industry data obtained by Fund Board Views. The year-on-year increase—a median of ...
Jay Baris, a partner in the Investment Funds group at Sidley Austin, has gotten into podcasting. The '40 Act lawyer is not just a podcast enthusiast, ...
The Securities and Exchange Commission's move away from swing pricing in the money market fund rule finalized last week was welcomed by the fund board community, ...