Bitcoin is outperforming major assets but hedge funds are still staying away from the cryptocurrency

“Bitcoin’s extreme volatility doesn’t sit well with managers working on a risk-adjusted return basis. Furthermore, there are valid concerns that digital currency assets can be hacked or stolen. Finally, there’s a perception that bitcoin remains...

LSE to buy Citi’s fixed-income analytics and index operations for $685 million

London Stock Exchange (LSE) has agreed to buy Citigroup’s fixed-income analytics platform and index business for $685 million in cash, the companies said on Tuesday. LSE, which has said it would explore investments to drive growth after the collapse of its...