institutional

The private markets, long the preserve of institutional investors such as pension systems and endowments, are being reshaped by a surge of capital from wealthy individuals.

“Once institutions are involved, it starts to trade like an institutional asset,” said Cory Klippsten, CEO of bitcoin exchange Swan Bitcoin.

But Norman Solomon, co-founder of RootsAction and founding director of the Institute for Public Accuracy, is not convinced that affordability will address the deeper systemic and institutional forces that are causing so much economic pain.

The recent declines appear to have hurt smaller, so-called retail investors the most, instead of institutional money managers running mutual funds and the like.

The recent declines appear to have hurt smaller, so-called retail investors the most, instead of institutional money managers running mutual funds and the like.