EquityZen Founder and Chief Strategy Officer Phil Haslett in Financial Times

Asset managers aren’t done with blockchain yet 

As cryptocurrency markets failed to claw back gains last week, asset manager Schroders picked up a stake in the crypto-focused fund manager Forteus. The move underscores the divergent bets on the future of the investment management sector.

Peter Harrison, chief executive of the FTSE 100-listed asset manager that oversees £731bn in assets, said the deal was meant to address growing investor demand for personalised, tangible investments as interest in traditional assets decline.

Read more here.