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.
TD Asset Management announced Tuesday the launch of three new ESG Equity ETFs to cater to investors looking for exposure to equity market indexes and companies with an ESG edge. The ETFs have a regional focus and track Canadian, U.S. and International equity indices respectively.
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Alternative Investments/Digital Assets: Bitcoin Scales New All Time High; Draws New 5- and 6-Figure Targets
Bitcoin momentously broke its 2017 high on Monday, recording a new one at $19,864.15. This had all the crypto evangelists out in full force, insisting the bull market in the leading crypto was now well and truly in place.
As expected, more lofty targets were trotted out – one at $50,000, the other at $500,000.
The Life + Liberty Freedom 100 Emerging Markets index and ETF (BATS: FRDM) is an ETF with a conscience. It’s investing proposition is based upon humanitarian factors such as freedom of speech, the battle against human trafficking, and international trade access. The ETF allows investors exposure to the emerging markets with the exclusion of China and Russia.
Accelerate Financial Technologies launched its OneChoice Alternative Model Portfolio in September. Aimed at hard-pressed advisors and portfolio managers, the strategy offered a quick and easy way to put together a diversified alternative sleeve within a client’s portfolio. At the time the firm indicated it may follow through with the OneChoice Alternative Model Portfolio in an ETF wrapper. That ETF is making its debut now.
According to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, home prices surged 7% annually in September, up from a 5.8% annual gain in August. For perspective, this gain is the largest seen since September 2014. Moreover, home prices are now ruling 23% higher than their previous peak in 2006.
Exchange traded fund (ETF) sponsor WisdomTree commissioned a survey by Coredata Research of professional investors across Europe on thematic investing. The survey found that a vast majority of these investors considered artificial intelligence as the most compelling long-term thematic investment opportunity.
The new JPM Carbon Transition Global Equity UCITS ETF – USD (acc) from JP Morgan Asset Management provides investors exposure to companies that contribute to a reduction in carbon dioxide emissions. These are large or medium-sized companies drawn from industrialized countries globally and are constituents of the MSCI World Index.
The Galaxy Digital boss sees bitcoin at $65,000.
The “network effect” has taken bitcoin over, says Novogratz. In a nutshell, the network effect is a rapid improvement in the value of an asset or service because of its adoption by an increasing number of people. As this is being written, bitcoin is hovering around $17,000. The cryptocurrency is in a bull grip, having risen from a March low of $3,966 to today’s (and 52-week) high of $17,092.
Fitzpatrick is also the global head of the award-winning CitiFXTechnicals product within the G10 FX business. In a report addressed to Citi’s (NYSE: C) institutional clients, he dubbed bitcoin as the new gold. He also went on to assign a ‘hold-your-breath’ price target of $318,000 for the cryptocurrency by the end of 2021.
In August, Goldman Sachs Asset Management (GSAM) announced that its trustees had approved the merger of five thematic ETFs into a single fund – the Goldman Sachs Innovate Equity ETF (NYSEARCA: GINN) – on an equal-weighted basis in a single ticker solution.
Alternative Investments/Real Estate: The Global X Data Center REITs & Digital Infrastructure ETF (VPN)
“The common denominator for game-changing technologies like 5G, the Internet of Things, and artificial intelligence is the physical digital infrastructure that enables the seamless transfer, computation, and storage of data,” says Global X. “With surging demand and physical capacity constraints, data centers and cellular towers are real estate assets that could offer investors the potential for both growth and income generation.”
Michael Saylor is Chief Executive, MicroStrategy (NASDAQ: MSTR), the listed company that made waves with its bold investments aggregating $425 million in bitcoin earlier this year. Stanley Druckenmiller is a billionaire with a background – he and George Soros broke the British pound in 1992. Their recent pronouncements reveal a preference for bitcoin over gold as an investment.
The new SPDR Bloomberg SASB Corporate Bond ESG Select ETF (NYSEARCA: RBND) from State Street Global Advisors expense the asset manager’s ESG lineup. The ETF suits investors seeking exposure to US dollar-denominated investment-grade corporate bonds with accompanying ESG attributes.
Alternative Investments/Digital Assets: BTCetc Exchange Traded Bitcoin ETC (BTCE) Scores $100M AUM In Four Months
The bitcoin exchange-traded crypto from the stable of the ETC Group that trades on the Deutsche Boerse has taken the honors to become the first crypto ETP to chalk up an AUM of $100 million.
Bitcoin in recent months has got a lot of love from corporates, institutions, and retail investors. It is currently trading at $15,500.
Sparrow Capital’s platform-based model portfolio service, SCore MPS, is being augmented by the inclusion of the SCore Responsible MPS range of ESG portfolios.
Close Brothers Asset Management (CBAM), which manages assets worth over £12.6 billion (US$ 16.4 billion), is part of the Close Brothers Group plc (LON: CBG), a FTSE 250 leading UK merchant banking group. Established in 1878, Close is one of the UK’s largest and longest established providers of financial advice and investment management. CBAM is launching two new sustainable funds following demand from clients and intermediaries for funds that invest in ways that show concern and respect for the natural environment, for human dignity, and responsible corporate behavior.
Wealthsimple will unveil an ETF that will offer investors, particularly Muslims, exposure to a diversified index of Shariah-compliant stocks. Dubbed the Wealthsimple Shariah World Equity ETF, it will be managed by Toronto-based Mackenzie Investments, and is expected to list in early 2021.
As at end of Q3 2020, ETFs AUM exceeded that of hedge funds by $3.58 trillion. Hedge funds gathered net inflows of $13 billion during Q3 while ETFs/ETPs gathered net inflows of $194.4 billion, according to data from ETFGI.
Accelerate Financial Technologies Inc announced this week that its alternative ETFs have been added to the RBC Dominion Securities A+ platform. RBC Dominion Securities describes the A+ as the next level of wealth management.
The Brunel Pension Partnership has picked Ownership Capital, RBC Global Asset Management, and Nordea Asset Management to manage its new Sustainable Equities Fund of around £1.2 billion ($1.55 billion). Brunel is one of eight pooled Local Government Pension Scheme funds in the U.K.
Research by Cerulli Associates shows that European investors hold companies that minimize their carbon footprint or run fossil-free operations in high regard. They will therefore prefer ETFs that incorporate these ESG factors into their portfolios. On the other hand, negative screening and exclusions are not so important.
The Amundi Index MSCI Japan SRI UCITS ETF offers exposure to large and mid-cap companies with outstanding Environmental, Social, and Governance (ESG) ratings in the Japanese market.
The new ETF is an extension of Amundi’s range of sustainable ETFs.
Adrian Lowcock is head of personal investing at Willis Owen. He notes that ESG’s decisive outperformance during the last one, three, and five years shows the investing approach is here to stay.
Lowcock points to the 94.6% return from the MSCI ACWI ESG leaders index over five years compared to the 91.3% return from the MSCI ACWI index, as validation of his opinion.
Speaking to CNBC on Power Lunch, Glenn Kelman, CEO of real estate brokerage Redfin (NASDAQ: RDFN), said he expected the current boom conditions in the housing market to last well into next year. He attributed the high demand to affluent professionals looking for remote homes as well as low interest rates. Also, he thinks some sellers will put their properties on the market only after the presidential election.