The announcement is another indicator of the growing popularity of private credit and customized alt platforms within wealth management.
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Cash-rich iCapital aims to increase end-to-end support for alternative investments.
The acquisition was fueled by private equity investment from Constellation Wealth Capital.
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The separately managed account strategy will provide direct access to Bitcoin and Ethereum while being actively managed.
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Evolve Funds says it is the first artificial intelligence ETF that uses generative AI to track AI-involved companies to be traded in Canada.
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