Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson said recently that it's partnering with Anemoy Limited and Centrifuge to create Anemoy's Liquid Treasury Fund (LTF), an on-chain technology-based fund that will give investors direct access to short-term U.S. Treasury bills. "It's not necessarily a threat...
China optimism is surging. Why some investors are cautious
BEIJING — China's latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts said. The Shanghai Composite rallied Thursday to close at a three-month high after state media reported Chinese President Xi Jinping led a Politburo meeting on the economy that morning....
UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union. Italy's UniCredit has ratcheted up the pressure on Frankfurt-based Commerzbank in recent weeks as it seeks to become the biggest investor in Germany's second-largest lender with a 21% stake. The...
Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move that has triggered a fiery response from Berlin. Market observers told CNBC that the swoop may have provoked a sense of national embarrassment among Germany's government, which firmly opposes the...