The global alternative investment space now sits at more than $9 trillion in global assets, and we’re just getting started. Roughly 40% of RIAs are using alternative investments. With the RIA space expanding and alternative investment demand rising among investors – a surge in data, news, and opinion will continue. This channel cuts through the noise to give you the most important actionable insight.
SP Funds has expanded its suite of Sharia-compliant funds with the launch of The SP Funds S&P Global Technology ETF (SPTE) on the New York Stock Exchange. As North America’s largest family of Shariah-compliant exchange-traded funds (ETFs), SP Funds aims to provide investors access to cutting-edge technological advancements through SPTE.
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Alternative Investments/Real Estate: Alternative Investing Platform Yieldstreet Acquires Real-Estate Focused Cadre
Yieldstreet, a prominent private market investment platform, has officially announced its acquisition of Cadre, an online real estate-focused investment platform catering to institutional and high net worth investors. This strategic move solidifies Yieldstreet’s category leadership, incorporating Cadre’s institutional clients, unique investment platform, and a substantial investor base.
Counterpoint Funds has introduced the Counterpoint Quantitative Equity ETF (CPAI), a groundbreaking long-only equity ETF utilizing advanced artificial intelligence (AI) for dynamic factor exposure adjustments based on market conditions. The ETF aims for long-term capital appreciation by investing in top-ranking individual stocks with exposure to multiple factors, identified through quantitative models and AI.
California Public Employees’ Retirement System (CalPERS), a $462 billion pension giant, has pledged to invest $100 billion in low-carbon assets as part of a sustainable investing strategy. This commitment aims to accelerate the reduction of carbon emissions within its portfolio, with the goal of halving the carbon emissions intensity of its investments by 2030. Currently holding nearly $47 billion in low-carbon assets, CalPERS aims to contribute significantly to the fight against climate change while improving long-term investment returns.
DWS has introduced three new Xtrackers ETFs aimed at mitigating investment risks related to biodiversity loss. These ETFs provide an opportunity to invest in companies globally, particularly in Europe and the US, with a reduced negative impact on the earth’s ecosystems compared to the market average. Biodiversity, essential both ecologically and economically, is highlighted as pivotal, with estimates valuing ecosystem services at USD 125 to 140 trillion annually.
HANetf, a European ETF white labeler, is set to introduce the INQQ India Internet & Ecommerce ESG-S UCITS ETF, aiming to provide investors with targeted exposure to India’s swiftly advancing digitization. India, now the world’s most populous country, is seen as the “new China,” attracting global attention due to its impressive economic growth rates. The IMF projects a 6% growth for India’s economy this year, positioning it as the fastest-growing major economy in 2023 and 2024.
Qraft Technologies, a prominent invest-tech company specializing in artificial intelligence investing solutions, has joined forces with LG AI Research, the AI research hub of the LG Group (KRX: 003550), to unveil the LG Qraft AI-Powered U.S. Large-Cap Core ETF (NYSE: LQAI). This collaborative effort signifies a significant milestone in their partnership and aims to outperform U.S. large-cap stocks by investing in a diverse portfolio of 100 stocks.
Kingsbarn Capital Management has introduced the actively managed Kingsbarn Dividend Opportunity ETF (NYSEARCA: DVDN) on the NYSE Arca. This ETF is designed to target equities issued by residential and commercial mortgage Real Estate Investment Trusts (REITs) and business development companies (BDCs), aiming to provide an appealing quarterly dividend while maintaining potential for capital appreciation.
First Trust Advisors has introduced a novel exchange-traded fund (ETF) designed to invest in companies hailing from emerging markets that prioritize human dignity. This innovative fund, known as the First Trust Emerging Markets Human Flourishing ETF (FTHF), is now listed on the New York Stock Exchange under the ticker symbol FTHF.
Fidelity International has recently introduced two active fixed income ETFs, the Fidelity Sustainable EUR Corporate Bond – Paris Aligned Multifactor UCITS ETF and the Fidelity Sustainable USD Corporate Bond – Paris Aligned Multifactor UCITS ETF. These ETFs, categorized as Article 9 under the Sustainable Finance Disclosure Regulation, were listed on the London Stock Exchange and Xetra on October 23.
Digital Assets: Grayscale Files Application For New Spot Bitcoin ETF Preparatory To Conversion And Listing Of Its Bitcoin Trust
Grayscale Investments has submitted a new registration statement to the U.S. Securities and Exchange Commission (SEC) as part of its ongoing efforts to create a spot Bitcoin exchange-traded fund (ETF). This move comes in the wake of a recent court ruling that necessitated the SEC to reevaluate Grayscale’s application. On October 19, Grayscale filed an S-3 form registration statement with the SEC, seeking to list the shares of the Grayscale Bitcoin Trust on the New York Stock Exchange (NYSEARCA) under the ticker symbol GBTC.
DWS has unveiled a set of four high dividend ETFs in Europe, catering to environmentally conscious investors. These exchange-traded funds (ETFs) are linked to indices within the MSCI High Dividend Yield Low Carbon SRI Screened Select Index family, focusing on various regional markets, including global developed, US, European, and eurozone stocks. The quartet includes the Xtrackers MSCI World High Dividend Yield ESG UCITS ETF, the Xtrackers MSCI Europe High Dividend Yield ESG UCITS ETF, the Xtrackers MSCI EMU High Dividend Yield ESG UCITS ETF, and the Xtrackers MSCI USA High Dividend Yield ESG UCITS ETF.
HSBC Asset Management has introduced a new addition to its range of thematic ETFs, unveiling the HSBC NASDAQ Global Climate Tech UCITS ETF (HNCT). This ETF, with a total expense ratio (TER) of 0.50%, is now listed on the London Stock Exchange and will soon be available on the Deutsche Boerse and Borsa Italiana.
KraneShares, a prominent asset management firm renowned for its global exchange-traded funds (ETFs) and groundbreaking investment strategies, has unveiled the KraneShares MSCI China Clean Technology Index UCITS ETF (Ticker: KGRN) on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. This ETF, KGRN, is a passive fund that mirrors the MSCI China IMI Environment 10/40 Index, centered around four pivotal Clean Technology environmental themes: Alternative Energy, Sustainable Water, Pollution Prevention, and Energy Efficiency.
After recently expanding its exchange-traded fund (ETF) offerings by introducing three ether futures ETFs, ProShares is now gearing up to present an innovative product in the form of the Short Ether Strategy ETF (SETH). The new ETF is expected to hit the market shortly, approximately two weeks after the debut of the initial ether futures ETFs. The registration filing was submitted to the U.S. Securities and Exchange Commission on October 13.
Alternative Investments/ESG: Franklin Templeton And Clearbridge Investments Launch Sustainable Global Value Equity Fund
Franklin Templeton and ClearBridge Investments have collaborated to introduce the FTGF ClearBridge Global Sustainability Improvers Fund, a new global value equity fund. This fund represents a significant move towards investing in companies that are actively enhancing their Environmental, Social, and Governance (ESG) profiles.
Alternative Investments/ESG: New ETF From Sovereign’s Capital To Invest In Faith-Driven Companies That Care For Employees
Sovereign’s Capital has unveiled Sovereign’s Capital Flourish Fund, an active ETF with a focus on companies that the issuer deems to be the most spiritually integrated. This debut ETF, trading on the New York Stock Exchange under the symbol NYSEARCA: SOVF, is designed to invest in companies led by faith-driven CEOs who foster exceptional corporate cultures aimed at achieving outperformance and the flourishing of employees.
Three prominent U.S. investment management firms, ProShares, VanEck, and Bitwise Asset Management, have made a groundbreaking move by introducing the first-ever futures-based exchange-traded funds (ETFs) linked to the value of ether, the world’s second-largest cryptocurrency. This development marks a historic opportunity for investors to engage with exchange-traded products based on ether for the very first time.
VanEck is set to launch the VanEck Ethereum Strategy ETF (EFUT), an actively managed fund geared towards capital appreciation through investments in Ethereum (ETH) futures contracts. EFUT will not directly invest in ETH or other digital assets but will focus on standardized, cash-settled ETH futures contracts traded on CFTC-registered commodity exchanges, primarily those on the Chicago Mercantile Exchange.
Bernstein’s recent analysis indicates that the crypto fund management industry currently stands at approximately $45-50 billion in assets. However, the firm foresees a substantial growth potential, with expectations that it could burgeon to a staggering $500-650 billion within the next five years. This projection is rooted in the belief that the cryptocurrency industry is evolving from its current status as a relatively small “cottage industry” to becoming a formally regulated asset management sector.
BlackRock (NYSE: BLK) has made a significant move in the world of exchange-traded funds (ETFs) with the listing of the iShares MSCI Asia ex-Japan Climate Action ETF on the Singapore Exchange (SGX). This marks a milestone as the largest equity ETF launch in Singapore’s history, boasting an impressive US$426 million ($579.45 million) in assets. The fund’s foundation is bolstered by Prudential and a group of investors that includes Temasek and Singlife.
Chimera Investment, an Abu Dhabi-based private organization, has established an independent alternative investment company called Lunate, boasting over $50 billion in assets under management. Lunate will operate from the Abu Dhabi Global Market and will focus on various investment opportunities globally, including private equity, venture capital, private credit, real assets, public equities, and public credit markets.
Rockefeller Asset Management and KraneShares have jointly introduced the KraneShares Rockefeller Ocean Engagement ETF (KSEA), an innovative investment opportunity aimed at addressing the intersection of finance and ocean health. This ETF, under the ticker KSEA, is designed to invest in public companies that play a significant role in the well-being of oceans and their resources, aligning with the concept of the blue economy. This sector emphasizes sustainable solutions that yield positive outcomes for the ocean environment.
Neuberger Berman has recently introduced the Neuberger Berman Climate Innovation fund, aiming to invest in cutting-edge climate technologies and solutions. This fund, managed by New York-based portfolio managers Evelyn Chow and Charlie Lim, is designed to maintain a portfolio of 30 to 60 global equity holdings.