October 16, 2017— On Thursday, the European Union (EU) and UK concluded their fifth round of Brexit negotiations. At this point—sixteen months since the Brexit referendum vote—six months since the invocation of Article 50 (to formally start the two-year clock for Brexit negotiations)—and several rounds deep into negotiations—one would think the two sides would have
In the October issue of our monthly flagship publication, we feature: On the Record by Chief Investment Officer Tony Roth, Bent but not broken: resilience and recovery after the storms. In Focus provides a high-level overview of bitcoins—what digital currency is, why it was created, and how it works. Investment positioning, major themes, asset class updates. In the
This investment insight explains the origins of digital currency and explores its potential as an asset. Bitcoin was created to provide a new global form of electronic currency as “a peer-to-peer electronic cash system,” with the goal of addressing the lack of trust between counterparties making and receiving payments due to the risk of fraud.