Research
AI Energy Drain Among Issues Facing ESG Investors
Data center energy needs, human rights and plastic pollution are among trends for investors to watch, according to ISS ESG.
Tag: Cryptocurrency
Pensions
Proposed Kansas Bill Would Authorize KPERS Allocation to Bitcoin ETFs
Senate Bill No. 34 would permit the $27.3 billion Kansas Public Employees Retirement System to invest up to 10% of its portfolio in digital asset exchange-traded funds issued by a Kansas-registered company.
Asset Allocation
Australian Super Fund AMP Makes Bitcoin Allocation
With $36.24 billion in assets, AMP will allocate 0.05% to the digital currency that recently topped $100,000 in value.
Asset Allocation
UK Pension Allocates 3% of Portfolio to Bitcoin
According to pension adviser Cartwright, an unnamed client allocated a single-digit percentage to the digital asset.
Pensions
Florida CFO Tells Pension Funds to Consider Crypto Investments
Jimmy Patronis called on the $245 billion State Board of Administration to study adding digital assets to the state’s pension fund.
Pensions
Pensions in Michigan, Jersey City Add Bitcoin ETFs to Portfolios
Only three public pension funds are known to have acquired these types of ETFs.
Asset Allocation
New University of Austin to Add $5 Million in Bitcoin to Endowment
The school, formed in opposition to what some critics call academia’s leftist mindset, goes against many allocators’ wariness about crypto.
Asset Allocation
39% of Family Offices Are Crypto Investors or Are Eyeing It
The findings were part of BNY Mellon Wealth Management’s first report on these funds.
Asset Allocation
What Do Allocators Like in Choosing Hedge Funds?
A thumbs-up for long-short and market neutral, and down for ESG and crypto, says Agecroft Partners.
Pensions
Japan’s GPIF Explores Incorporating Cryptocurrency Into Its Portfolio
The fund issued a request for information on incorporating digital assets, as well as gold, timber and other alternatives, into pension portfolios.
SEC Charges Crypto Fund Founders in Nearly $2B Fraud
The regulator alleges the now-defunct HyperFund was a ‘pyramid and a Ponzi scheme.’
Alternatives
Treasury’s Record $4.3B Crypto Exchange Fine Adds to Pressure on Digital Assets
Binance was fined for money-laundering just after Kraken was charged and less than one month after a jury found FTX's Sam Bankman-Fried guilty of fraud.
Risk
SEC Accuses Kraken of Operating Unregistered Securities Exchange
The charge will only stick if the court agrees with the SEC that the tokens involved are, indeed, securities.
Regulation
Gensler Says No New Regulations Needed for Crypto
The enforcement actions taken by the SEC against cryptocurrency actors are justified under existing law, the SEC chairman said at a conference.
Regulation
DC Circuit Court Orders SEC to Reconsider Bitcoin ETF
The court ruled in August that the SEC had unfairly blocked the Grayscale bitcoin ETF, given the SEC had already approved two bitcoin futures ETPs.