Trusts

Collective investment schemes tripled their share of assets under management in the form of cash and demand deposits to Sh35.3 billion in the 12 months to March 2024, chasing high interest rates on deposits offered by liquidity-starved…

Abra, a digital asset and wealth management platform, has purchased Tron (TRX) and Zilliqa (ZIL) among other private crypto funds from Valkyrie Investments. Bloomberg reported on Friday that Abra acquired the private funds before settling…

Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa:…

US Healthcare Landlord, Largest Tenant of Medical Properties, Largest Tenant, Host Health, Goes Bankrupt, Raising Regulatory ConcernsTrust Company for Medical Properties (NYSE:MPW) lessee Steward Healthcare It fell into Chapter 11…

Capital Markets Unit trusts assets cross Sh200 billion on handsome returns Tuesday January 23 2024 Unit trusts have also taken the fight to commercial banks’ saving accounts by offering a premium to the return paid by both current…

Article contentTORONTO, Dec. 29, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) today announced the final annual capital gains distributions for its open-ended exchange-traded funds structured as mutual fund trusts (the…

Blockchain analytics platform Arkham Intelligence claims to have identified the addresses of the Grayscale Bitcoin Trust. The trust consists of more than 1,750 addresses holding a total of over $16 billion worth of Bitcoin (BTC), according…

BlackRock recently filed an application with the Securities and Exchange Commission for a Bitcoin ETF. While some might assume that this ETF will resemble the Grayscale Bitcoin Trust (GBTC), there are notable…

Mark Cuban, the outspoken owner and occasional cryptocurrency enthusiast of the Dallas Mavericks, has taken to Twitter to express his concerns about the US Securities and Exchange Commission (SEC)'s handling of…