Private Equity Moris Beracha Wuani

(Reuters) - London Stock Exchange Group ( LSE.L ) said on Tuesday Hong Kong-based AAX would use its technology for cryptocurrency trading, allowing the British exchange operator enter a nascent yet highly speculative industry.  The AAX exchange, which is backed by Atom Group, a fintech firm focused on blockchain technology and emerging digital assets, will use LSE’s Millennium Exchange matching system, LSE said in a statement.  The deal, however, comes at a time when cryptocurrency exchanges in Asia face scrutiny and policymakers have warned about the risks of speculative investments in cryptocurrencies.  Online platforms where virtual currencies such as bitcoin can be bought and sold by individuals operate with lower safeguards than traditional financial markets and are vulnerable to market manipulation.  Cryptocurrency exchanges and traders in Asia are also struggling to insure themselves against the risk of hacks and theft, a fact...

Political uncertainty has made investors pause By Joice Alves Fundraising for European buyouts has hit its worst quarter since 2010 as the divorce between the UK and European Union has fuelled a sharp decline in investors’ appetite for UK-dedicated funds. Fund managers have struggled to keep pace with the record volumes of cash raised for the asset class last year, writes FN ’s sister publication  Private Equity News.  Both capital-raising and the number of fund closings fell in the third quarter, according to LP Source, a data provider owned by FN and  PEN ’s publisher Dow Jones. Buyout fundraising dropped 68% to $7.9bn across 33 funds in the third quarter, down from $24.6bn raised by 46 funds during the same period last year. Fundraising also declined one-fifth during the first half of this year to $46.6bn, down from $67.8bn in the corresponding part of 2017. The figures represents the worst third quarter for European buyout fundraising sinc...