FusionIQ Adds Alternative Investments To Digital Workstation
FusionIQ, a financial services company headquartered in Woburn, Mass., has added more than 30 alternative investment products to its workstation through an integration with Galaxy Plus, a managed account platform based in Chicago.
In addition to equities and fixed-income products, FusionIQ customers can now analyze and invest in a range of alternative investment strategies with minimums as low as $50,000.
Qualified investors also have access to alternative investment advisors, as well as due diligence reports, daily data on exposure and attribution analysis and daily performance reporting. And by pairing a traditional advisor-driven experience with the convenience of a digital investment platform, investors can also manage portfolios that include retirement, individual, joint, custodial, institutional and trust accounts, FusionIQ said.
New Hyde Park Alternative Funds is the sponsor of the Galaxy Plus and Galaxy Plus Hedge managed account platforms.
Wisdom Tree Launches BioRevolution Fund
WisdomTree Investments Inc., an ETF sponsor and asset manager headquartered in New York City, has launched the WisdomTree BioRevolution Fund (WDNA) on the Chicago Board Options Exchange.
The fund is designed to track the price and yield performance of the WisdomTree BioRevolution Index before fees and expenses. The index identifies key sectors and industries expected to be most significantly transformed by advances in biological science and technology.
The WisdomTree BioRevolution Fund, which has an expense ratio of 0.45%, looks for eligible stocks in the areas of human health, agriculture and food, materials, chemicals and energy, and biological machines and interfaces.
Dynasty Adds Eaglebrook Crypto Offering To Investment Platform
Dynasty Financial Partners, headquartered in St. Petersburg, Fla., has partnered with Eaglebrook Advisors, based in Washington, D.C., to expand the selection of bitcoin and digital asset investment strategies available to its network of independent advisory firms.
By offering Eaglebrook’s separately managed accounts through Dynasty’s platform, Dynasty’s RIA partners can directly access bitcoin and digital assets, which are held in an offline, institutional-grade custody account at a qualified custodian.
The separately managed account platform, which includes client onboarding, daily liquidity and tax optimization, is fully integrated with the major portfolio management and reporting systems, enabling RIAs and independent advisors to model, bill and advise on their clients’ bitcoin and digital asset holdings within a unified technology ecosystem, Dynasty said.