Core Insights - Virtune has partnered with Smartbroker to offer commission-free access to its crypto exchange-traded products (ETPs), enhancing investment opportunities for clients [1][6][8] - The partnership aims to simplify and make crypto investments more accessible through structured monthly savings plans [3][10] Company Overview - Virtune is a regulated Swedish crypto asset manager, managing $370 million in assets and serving over 150,000 investors since its first ETP listing in May 2023 [5] - The company focuses on investor protection and transparency, offering 100% physically backed crypto ETPs [5][12] Partnership Details - The collaboration with Smartbroker includes educational initiatives such as webinars and events to enhance client knowledge about crypto assets and Virtune's ETPs [2][6] - Smartbroker manages over 267,000 brokerage accounts with assets exceeding €14 billion as of the end of 2022, making it a significant player in the online brokerage space [7] Investment Benefits - Investors can now set up long-term, commission-free monthly savings plans in various crypto assets, including Bitcoin, XRP, and Solana [1][10] - All Virtune ETPs are backed by the underlying crypto assets, held securely with Coinbase in cold storage [10]

Core Insights - Three stocks with strong value characteristics and a buy rank are highlighted for investors to consider on December 3 Group 1: Universal Health Services, Inc. (UHS) - UHS has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for UHS's current year earnings has increased by 6.7% over the last 60 days [1] - UHS has a price-to-earnings (P/E) ratio of 10.97, significantly lower than the industry average of 25.01 [1] - The company possesses a Value Score of A, indicating strong value characteristics [1] Group 2: Oceaneering International, Inc. (OII) - OII also carries a Zacks Rank of 1, suggesting strong investment potential [2] - The Zacks Consensus Estimate for OII's next year earnings has risen by 11.7% over the last 60 days [2] - OII has a P/E ratio of 12.33, which is slightly lower than the industry average of 12.90 [2] - The company possesses a Value Score of A, reflecting its strong value attributes [2] Group 3: WisdomTree, Inc. (WT) - WT holds a Zacks Rank of 1, indicating favorable investment prospects [3] - The Zacks Consensus Estimate for WT's current year earnings has increased by 6.8% over the last 60 days [3] - WT has a P/E ratio of 13.96, compared to the industry average of 25.01, indicating relative undervaluation [3] - The company possesses a Value Score of B, suggesting solid value characteristics [3]

Core Viewpoint - Touchstone Investments emphasizes its commitment to a "Distinctively Active" approach in mutual fund management, focusing on rigorous processes for selecting asset managers and enhancing portfolio construction strategies [1] Group 1: Investment Strategy - The company employs a fully integrated process for identifying and partnering with asset managers who sub-advise its mutual funds [1] - Touchstone advocates for a robust approach to portfolio construction that utilizes either standalone active strategies or complements passive strategies [1] Group 2: Market Position - Touchstone Funds are offered nationally through various intermediaries, including broker-dealers, financial planners, registered investment advisors, and institutions [1] - The company aims to help investors achieve financial goals by providing access to a distinctive selection of institutional asset managers recognized for their expertise [1] Group 3: Company Information - Touchstone Securities, Inc. is a registered broker-dealer and a member of FINRA and SIPC [1] - For inquiries, communication should be directed through Touchstone Investments' official channels, as messages sent via Seeking Alpha will not receive a response [1]

Bitcoin has rallied 10% this week, jumping above $93,000 on Wednesday after Vanguard — the second-largest asset manager seen as Wall Street’s most stubborn holdout — embraced crypto exchange-traded funds. The course reversal by the $11 trillion fund manager coincided with optimism in broader markets as investors now expect the Federal Reserve to slash interest rates at next Wednesday’s chair meeting. Coinbase’s Singapore country director Hassan Ahmed told DL News that macroeconomic tailwinds will benefit ...

Core Viewpoint - British money manager Schroders is considering various options, including a potential sale, for its financial planning unit, indicating a strategic shift in its business focus [1] Group 1: Company Actions - Schroders is exploring options for its financial planning unit, which may include a sale [1] - The move is part of a broader strategy to enhance operational efficiency and focus on core business areas [1] Group 2: Market Context - The exploration of a sale comes amid increasing competition in the financial planning sector, prompting firms to reassess their business models [1] - Benchmark Capital is mentioned as a potential interested party, highlighting the interest from private equity in financial services [1]

Core Insights - Two stocks with strong income characteristics and buy rank are highlighted for investors: Kennametal Inc. and WisdomTree, Inc. [1][2] Group 1: Kennametal Inc. (KMT) - Kennametal Inc. has seen a 25% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The company holds a Zacks Rank 1, indicating strong performance potential [1] - Kennametal offers a dividend yield of 2.9%, significantly higher than the industry average of 1.3% [1] Group 2: WisdomTree, Inc. (WT) - WisdomTree, Inc. has experienced a 6.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The company also holds a Zacks Rank 1, suggesting favorable investment conditions [2] - WisdomTree provides a dividend yield of 1.1%, compared to the industry average of 0.0% [2]

Jonathan Ruffer is set to retire as chairman of his fund to focus on charity work - Tom Jamieson An investment tycoon helping to fund the restoration of Bishop Auckland Castle has cut a fifth of jobs at his firm after profits slumped. Ruffer, which was founded in 1994 by Jonathan Ruffer, said that it had cut 72 roles in the year to the end of March, according to accounts filed at Companies House. The 22pc reduction in its total headcount “significantly” reduced costs and improved resilience, bosses said ...

Bitcoin , Solana , and XRP turned bullish with BTC reclaiming $93k, SOL breaking above $142, and XRP around $2.19, while their respective exchange-traded funds (ETFs) raked in massive inflows. Bitcoin Strength Rises as ETF Demand Builds Bitcoin shot past $93,000 with spot ETF inflows recording a net inflow of $58.49 million on Dec. 2, data from SoSoValue shows. This was the fifth straight day of positive flows, and BlackRock’s IBIT stood out, adding $120 million in one day. Meanwhile, ARKB posted a larg ...

Coremont Investment Announcement - Coremont has received a $40 million strategic growth investment from funds managed by Blue Owl Capital [1] - This investment highlights Coremont's role as a critical infrastructure partner for asset managers, hedge funds, and financial institutions [1] - Blue Owl Capital manages $295 billion in assets, indicating significant confidence in Coremont's capabilities [1]

Core Viewpoint - Ares Management presents a potential buying opportunity for investors willing to take a risk on possibly overstretched private credit [1] Group 1 - Ares Management is identified as a company that may benefit from current market conditions [1] - The private credit market is suggested to be experiencing stress, which could create investment opportunities [1]