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.
Accelerate Financial Technologies’ world-first Carbon Negative Bitcoin ETF (TSE: ABTC), now trading on the TSE, offsets more than 100% (“negative”) of the estimated carbon emissions from associated bitcoin mining and transaction activities.
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Alternative Investments/Digital: Scaramucci’s Skybridge Mulls $250M Fund Based On The Algorand Blockchain
Skybridge Capital, Anthony Scaramucci’s New York-based investment firm and hedge fund, plans to make a foray into blockchain in partnership with the NAX trading platform to raise up to $250 million for a fund based on the Algorand blockchain.
Alternative Investments: EisnerAmper’s 6th Annual Alternative Investment Summit – “What’s Around The Bend?”
This year’s theme of the virtual summit is – “What’s Around the Bend: The Future of Alternative Investments” EisnerAmper’s 6th Annual Alternative Investment Summit will be held virtually on Thursday, 7 October, 2021. This thought-provoking event features highly interactive panel discussions that will cover trends, issues and insights affecting the future of the alternative investments…
Investors on Reddit’s WallStreetBets forum are said to have a hand in pushing up the ETF. Uranium, the raw material for nuclear power plants, is within the cross-hairs of the famous WallStreetBets forum on Reddit – which incited the meme-stock speculative frenzy in GameStop (NYSE: GME) earlier this year. The Redditors are said to have…
WisdomTree has filed to launch the WisdomTree Artificial Intelligence and Innovation Fund as a part of its thematic ETFs offering. The fund will track the performance of the WisdomTree Artificial Intelligence Index.
VanEck announced September 10 the launch of its VanEck HIP Sustainable Muni ETF (CBOE: SMI). The ETF invests in investment grade municipal debt securities that have been issued to fund operations or projects that support or advance sustainable development, as well as promote positive social and environmental outcomes. Its objective is to generate current income generally exempt from federal income tax.
Janus Henderson Group (NYSE: JHG) announced Thursday its launch of Sustainable ETF Solutions comprising five actively managed sustainable exchange-traded funds (ETFs) targeted at US investors. The ETFs seek to deliver strong, risk-adjusted returns by identifying companies supportive of positive ESG change.
Alternative Investments: Goldman Sachs To List Petershill Partners, Its Alternative Investing Vehicle
Petershill Partners PLC announced this week it was considering a US$750 million initial public offering on the Main Market of the London Stock Exchange of its ordinary shares. It said it would utilize the proceeds for expenses and to acquire further alternative asset manager stakes.
The Fidelity Funds Sustainable Climate Solutions Fund will give investors exposure to companies engaged in the design, manufacture or sale of products such as electric vehicles, green hydrogen and renewable energy. To be managed by Velislava Dimitrova and Cornelia Furse, the new fund is classified Article 8 under the EU Sustainable Finance Disclosure Regulation.
The ETFs offer leveraged bets on Canadian REITs, both long and short. Horizons ETF Management Canada Inc launched last week the BetaPro Equal Weight Canadian REIT 2x Daily Bull ETF (TSE: HREU) and the BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF (TSE: HRED), which offer two times (200%) the daily move on a…
Alternative Investments: Wealth Managers Add Alternatives Because Bonds Pay Next To Nothing (Report)
The recent Wealth Manager Investment Survey by bfinance covered 120 wealth managers handling over $1trn (£720bn) in assets. The survey noted that wealth managers were expanding their investment capabilities, with growing allocations to alternative investments and coverage of an increasingly diverse range of asset classes.
Cathie Wood’s Ark Investment Management has filed on Tuesday for launching a new transparency-focused ETF that will avoid investments in companies involved in vices such as alcohol, tobacco, and gambling. It will also eschew banking and oil companies.
The Cleaner Living ESG-S Ucits ETF (DTOX) will give investors exposure to themes emerging in cleaner food and dining, cleaner health and beauty, cleaner building and infrastructure, cleaner transportation, and cleaner energy. To be listed on London Stock Exchange in early September, the ETF is the second product from the HANEtf-Quikro combine.
Gresham House (AIM: GHE), a specialist alternative asset manager listed on the London Stock Exchange’s Alternative Investment Market (AIM), offers alternative investment solutions focusing on a sustainable future and ESG. The Gresham House Forest Growth & Sustainability Fund has raised this month an initial £127 million (US$175 million) and will generate returns from timber and carbon credits.
SEC-registered investment advisor, The Future Fund LLC, launched this week The Future Fund Active ETF (FFND) under the stewardship of Gary Black, managing partner, and David Kalis, CFA, partner.
Alternative Investments/Digital: Bloomberg Analysts Believe A Bitcoin Futures ETF Could Arrive October
Bloomberg analysts James Seyffart and Eric Balchunas have homed in on the sudden withdrawal of applications for futures-based Ethereum ETFs by VanEck and ProShares last week. Reading the tea leaves, the analysts say the withdrawals augur well for the SEC’s approval of a futures-based bitcoin ETF.
Wildlife rehabilitation centers on the California coast often receive ailing marine birds suffering from domoic acid poisoning, which is caused by harmful algal blooms. The neurological disease afflicts California brown pelicans, red-throated loons, and other species, but the problem remains – how to warn other rehab centers on the coastline of the emergence of the disease? Researchers at UC Davis have now devised an AI system for real-time detection
Alternative Investments/Private Equity: Record Returns At Some Large Pension Funds Driven By Private Equity
The past fiscal year has been notable for the record returns generated by some of the top public pension funds in the US and abroad. What’s interesting is that many of these superlative gains were propelled by private equity investments that put even public stock returns in the shade.
Goldman Sachs (NYSE: GS) has agreed to buy all of NN Investment Partners, a Netherlands-based asset manager with $355 billion in assets under management and about $70 billion in assets under advisement. NN Investment Partners is the money management arm of Dutch insurer NN Group NV (AEX: NN) and 75% of its assets under supervision are ESG integrated.
Wells Fargo’s (NYSE: WFC) Form D filing with the SEC on Thursday for a fund titled FS NYDIG Bitcoin Fund I, LP, a pooled investment fund the bank it will offer to its well-heeled clients for exposure to bitcoin.
UBS has launched four new ETFs that combine equity exposure with a focus on low carbon investing. The four UCITS funds track MSCI equity indices relating to the US, European, eurozone, and Japanese equity markets, and are listed on the SIX Swiss Exchange and Xetra.
Alternative Investments/Digital: Galaxy Digital Takes Aim (Again) At Bitcoin ETF Using Futures Route
Enthused by a comment from Gary Gensler, the Chair of the Securities and Exchange Commission, that filing with the SEC for a futures-based bitcoin ETF stood a higher chance under the Securities Act of 1940, Mike Novogratz’s Galaxy Digital (TSE: GLXY) just took its second shot at that elusive vehicle. Note that the company previously filed for a bitcoin ETF in April 2021 under the Securities Act of 1933.
RBC iShares expanded its range of ETFs with the launch of four new fixed income ETFs of which two have a sustainability focus. These are the iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF (XSHG) and iShares ESG Advanced Canadian Corporate Bond Index ETF (XCBG), both of which extend sustainable coverage to bonds.
Meanwhile, the Hashdex Nasdaq Ethereum Reference Price Index Fund goes live in Brazil next week. Delaware-based digital asset investment manager Kryptoin has filed a proposal with the U.S. Securities and Exchange Commission to launch a physically-backed Ethereum exchange-traded fund (ETF). (FXSTREET) Kryptoin eyes Ether ETF approval The ETF would provide exposure to the second-largest cryptocurrency…