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ETF Upside

Pictet Snags Goldman VP to Get New US ETFs Going

Pictet Asset Management, which oversees $800 billion, recently launched three ETFs that lean on AI, with plans to add two emerging markets strategies early next year.

2 min read
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Hedge Funds

Nelson Peltz Says $7B Take-Private Bid Would Let Janus Henderson ‘De-Risk’

Trian and General Catalyst said they want to free Janus Henderson “from the constraints of operating as a public company.”

2 min read
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Advisor Upside

Gen Z Prefers to Do It Themselves

Younger investors are also more concerned with transparency and digital capabilities than returns and performance, SIFMA and KPMG found.

2 min read
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Finance

Can Beyond Meat’s Meme-Stock Star Turn Last Beyond Last Week?

Beyond reported a 20% year-over-year revenue decline in its latest quarter, so this was not a fundamentals-driven rally.

2 min read
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Advisor Upside

How to to Talk to Clients About Private Markets

Private equity, private credit and real assets — such as real estate and infrastructure — all serve different purposes in client portfolios.

2 min read
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Artificial Intelligence

Alibaba Tackles American Tech Giants Head-On

Alibaba last week announced a new chatbot to challenge ChatGPT and new AI-powered smart glasses to challenge Meta.

2 min read

CIO Upside

Microsoft Wants to Improve AI-Powered Code Generation

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Microsoft wants to patent a system to improve how an LLM writes code in response to requests. One step is learning to recognize good code.

1 min read

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Hedge Funds

Hedge Fund Assets Reach Record $5 Trillion With Most Inflows Since 2007

The last time this many people piled into hedge funds, the only great recession anyone might have been aware of was Larry David’s hairline.

1 min read
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ETF Upside

Goldman’s New Fund Designed for PE Returns, Sans the PE

The Goldman Sachs MSCI World Private Equity Return Tracker ETF does its best to replicate PE performance with publicly traded stocks.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Ljupco, Comzeal, and CreativaImages via iStock

Finance

The ‘Everything App’: How Robinhood Grew From Trading Platform to Financial Ecosystem

Still in the “early innings of its growth story,” Robinhood has morphed from an app with crowdsourced stock advice to a financial ecosystem.

5 min read

Patent Drop

Glimpse into the future of technology.

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Google Patent Highlights AI and Quantum’s Symbiotic Relationship
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The Time and Place for AI Code Generators
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Into the Future: The Patent Drop Highlight Reel
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Amazon Tries to Help Alexa Get Personal

CIO Upside

Will AI Be Setting Your Salary Soon? Some Workers Hope So

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AI might factor into your paycheck more and more over the next few years. Some workers expect that to make pay scales fairer.

1 min read

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ETF Upside

New CLO ETFs Launch Amid Bankruptcy-Sparked Pullback

Banks are writing off hundreds of millions of dollars in loan defaults, and the wind down in CLO trading may not be a bad thing.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by YakobchukOlena and Rawpixel via iStock

Advisor Upside

Advisors Are Piling Into the RIA Channel. That May Not Be a Good Thing

As mega RIAs get bigger, some advisors are saying that the independent channel is beginning to look a lot like Wall Street.

4 min read
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ETF Upside

More Crypto Deals Are ‘Inevitable’ After FalconX Acquisition of 21Shares

The acquisition marks one of the first major purchases of an ETF provider by a US crypto trading platform.

1 min read

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