Citi Investor Services Wins $380 Billion Aegon AM Deal

By Connor Hart Citi Investor Services has been awarded a full middle-office mandate by Aegon Asset Management, covering $380 billion in assets. Citi said Thursday it will now actively manage the

WSJ18:37

BlackRock (BLK.US) secured $7.4 million in inflows, reversing the two-day outflow trend for Ethereum ETFs.

On August 12, U.S. spot Ethereum ETFs recorded net inflows of $7.4 million, entirely driven by BlackRock’s ETHA, while competitors such as Fidelity remained flat. This development ended two consecutive days of net outflows, indicating institutional preference for leading products and a recovery in market sentiment.

Zhitong Finance17:18

Jensen Huang Says Nvidia's 2020 A100 GPUs Can Stay 'Mission-Capable' Through 2029—Here's Why It Matters for the AI Boom

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said Wednesday that the company's older AI chips can remain economically useful for nearly a decade, pushing back against concerns that rapid advances in

Benzinga17:18

Vanguard Conquered the ETF World. Where It's Aiming Next. -- Barrons.com

By Andrew Welsch When Salim Ramji became CEO two years ago, Vanguard Group had long been one of the investing world's biggest players, with $9 trillion of customer assets. Today, Vanguard has jumped

Barron's13:00

$2.25 Billion Bold Bet: Goldman Sachs (GS.US) Acquires NEOS, Reshaping the Crypto Options Landscape

Goldman Sachs plans to acquire NEOS for up to $2.25 billion, gaining access to 19 ETFs and $30 billion in assets under management (AUM). This move strengthens its positioning in Bitcoin and Ethereum options income strategies, distinguishing it from traditional spot ETFs.

Zhitong Finance09:16

Hedging Covers Only 30% of Losses: Questions Arise Over First-Quarter Data for BITA (BITA.US), a BlackRock (BLK.US) Affiliate

BlackRock BITA’s first-quarter report shows that option income covered less than 30% of the $1.2 million loss. Although NAV dipped slightly and the fund received a $43.5 million capital injection, data from this short period is insufficient to validate the long-term effectiveness of its hedging strategy.

Zhitong Finance09:05