The price of bitcoin has wildly fluctuated since it was created more than a decade ago.
The new fund will invest across a range of financing strategies and focus on lending to European businesses.
Some companies still have a poor business plan, too much debt or haven't recovered from Covid, he said.
The $95 billion asset manager is broadly positive about high-grade debt but is selling BBB rated bonds.
Annuit sales reached a record high of $385 billion last year.
Tech megacap investors should diversify into fixed-income opportunities, the firm's chief investment officer said.
The pullback underscores how confident investors are that the Fed has brought inflation back under control.
Lower interest rates will increase positive returns in the sector, deVere Group CEO Nigel Green said.
The slumping value of office buildings and other properties is causing strain at banks. Financial advisers noticing.
John J. Woods defrauded retirees, military veterans and other clients of their life savings, prosecutors said.
Funds from BlackRock and Fidelity funds have seen largest investor inflows.
Ric Edelman also warned that bitcoin was never about "trying to help people evade taxes.”
After doubling last year, Tesla's stock price is down 22% to start 2024.
Private equity firms are having a harder time exiting their investments through sales or IPOs.
The most popular funds effectively have a blank check for expenses.
Don't forget the wealth burned by collapsed exchanges, bankrupt lending programs and pump-and-dump altcoin trading.
A new survey showed 21% of economists viewed the Fed's monetary policy as "too restrictive."
Equities continued to push forward, defying doomsayers and warnings about an overstretched market.
Fund clients pulled $280 billion in 2023, a Goldman report found.
The enforcement action is part of an ongoing crackdown by the agency against undocumented business communications.