Alternative Investments
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.
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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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Digital Assets: Dogecoin (DOGE) On A Moonshot After Musk Says Tesla Will Accept It In Payment For Merchandise
“Tesla will make some merch buyable with Doge & see how it goes,” tweeted Elon Musk today, lighting a fire underneath the hitherto somnolent DOGE cryptocurrency. The comment led to an initial spike of over 25% (over 24 hours) in the price of DOGE. At the time of writing, it is trading at 0.1928, still up over 20%.
Alternative Investments/AI: WisdomTree Launches Artificial Intelligence and Innovation Fund (WTAI)
WisdomTree Investments, Inc. (NASDAQ: WETF) announced Thursday the launch of the WisdomTree Artificial Intelligence and Innovation Fund (WTAI) on the CBOE. The passively managed ETF will track the WisdomTree Artificial Intelligence & Innovation Index. Charging an expense ratio of 0.45%, the fund will offer investors exposure to businesses primarily involved with the theme of AI and innovation.
Alternative Investments/Digital: First Trust Advisors Files For The Indxx Metaverse ETF
The metaverse is catching on fast with stories of plots of virtual land selling for millions of dollars and digital artworks getting snapped up for tens of millions of dollars. The metaverse is, as simply defined by Facebook: “A set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.”
Alternative Investments/AI: Mount Yale Launches Growth And Value Alpha Intelligent (AI) ETFs
Princeton Fund Advisors, LLC, a wholly owned subsidiary of Mount Yale Capital Group, has launched two new Alpha Intelligent funds based on growth or value. The Alpha Intelligent Large Cap Value ETF (AILV) and the Alpha Intelligent Large Cap Growth ETF (AILG) are based on the Ensemble Active Management (EAM) system.
Alternative Investments/Digital: Defiance Launches The First NFT-Focused ETF
Defiance ETFs has launched the Defiance Digital Revolution ETF on the NYSE’s Arca platform. The ETF, which has the ticker symbol NFTZ, will track the performance of the ‘BITA NFT and Blockchain Select Index,’ which comprises NFT, blockchain and crypto stocks, including NFT marketplaces and issuers such as Coinbase (NASDAQ: COIN), Playboy (NASDAQ: PLBY), and DraftKings (NASDAQ: DKNG). The index is rules-based and rebalanced quarterly.
Alternative Investments/Digital: Fidelity Canada Launches A Bitcoin ETF And Mutual Fund
Fidelity Investments Canada ULC has launched the Fidelity Advantage Bitcoin ETF and Fidelity Advantage Bitcoin ETF Fund (Mutual Fund) for investors seeking exposure to the largest cryptocurrency in the world.
Alternative Investments/Digital: Crypto ETPs From WisdomTree And Bitcoin Capital List in Europe
Asset manager WisdomTree listed on December 2 the Crypto Mega Cap Equal Weight ETP on Euronext exchanges in Paris and Amsterdam under the symbol MEGA. Meanwhile, Bitcoin Capital AG launched the FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB) on the SIX Swiss Exchange.
Alternative Investments/Digital: Two Canadian Fund Managers Launch Metaverse Themed ETFs
Canadian fund managers Horizons ETFs and Evolve Funds have launched the Horizons Global Metaverse Index ETF (“MTAV”) and the Evolve Metaverse ETF (“MESH”) respectively, on the Toronto Stock Exchange.
Alternative Investments/Real Estate: UOB Launches APAC-Focused, Green REIT ETF
Singapore’s United Overseas Bank ( UOB ) Asset Management has launched the UOB APAC Green REIT ETF (GRE SP), which has been listed on Singapore Exchange and provides ESG-tilted exposure to high-yielding real estate investment trusts (REITs) listed in Asia Pacific and Oceania. The fund is said to be the first of its kind in the world that brings investors access to sustainable investments in real estate in the region.
Alternative Investments/ESG: RBC Unit BlueBay Asset Management Launches Multi-Asset ESG Strategy
Specialist fixed income manager BlueBay Asset Management, which is owned by the Royal Bank of Canada, announced the launch of the BlueBay Total Return Diversified Credit ESG Fund. It is a multi-asset strategy suitable for ESG-oriented investors in fixed income assets. The fund will provide exposure to its ESG-focused ‘best ideas,’ across global high yield, bank loans, financial capital bonds, structured credit, convertible bonds, emerging markets and developed market investment grade categories.
Alternative Investments/ESG: Amundi Launches China And Emerging Markets (Ex-China) Equities ETFS With ESG
Amundi’s ESG ETF range is bolstered with the addition of the Amundi MSCI Emerging ex-China ESG Leaders Select UCITS ETF DR and the Amundi MSCI China ESG Leaders Select UCITS ETF DR, both listed on the London Stock Exchange.
Alternative Investments/ESG: HSBC Launches Two ESG Corporate Bond ETFs
HSBC Asset Management debuts its first fixed income ETFs with an ESG skew. The HSBC Bloomberg EUR Corporate Sustainability Bond UCITS ETF (HEUC) and the HSBC Bloomberg USD Corporate Sustainability UCITS ETF (HUSC) carry a total expense ratio of 0.18%.
Alternative Investments/ESG: Faith Brings “Christian Values” To Stock Picking With New ETF
Faith Investor Services has filed for the launch of the FIS Biblically Responsible Risk Managed ETF which brings “Christian values” to stock investing. The ETF will trade on the NYSEARCA exchange and will invest in equities both at home and internationally.
Alternative Investments/AI: Global X Launches Seven New “Paradigm Shift” ETFs In Europe
ETF provider Global X ETFs announced today its launch of seven new UCITS ETFs in Europe that would trade on the London Stock Exchange and Xetra. The seven new ETFs complement Global X’s existing five thematic UCITS ETFs launched after Global X entered Europe in December 2020. The new ETFs center around disruptive, digital transformation around the world.
Alternative Investments/Digital: ETC and HANetf Launch ETF For Digital Assets And Blockchain
The proposed ETC Group Digital Assets & Blockchain Equity UCITS ETF (KOIN) from long-time collaborators ETC Group and HANetf will offer thematic exposure to companies active in the digital assets and blockchain system.
Alternative Investments: Amplify Plans ETF Targeting ‘Inflation Beneficiaries’ Including Cryptos
Amplify ETFs has filed for the launch of the Amplify Enhanced Inflation Beneficiaries ETF, which will provide investors exposure to businesses that benefit from inflationary pressures, such as companies whose revenues are expected to increase with rising consumer demand for land, increased rental income or higher raw-materials prices.
Alternative Investments: Yieldstreet Launches Art Equity Fund To Democratize Ownership Of Fine Art
Yieldstreet, the multi-asset platform for alternative investments, announced the launch of its new fund, the Art Equity Fund. The new fund is a precursor to a series of new funds that will allow retail investors the opportunity to enjoy fractional ownership in a portfolio of prominent physical art works. The Art Equity Fund will own a portfolio of artworks by Post-War and Contemporary artists, Keith Haring, George Condo and Kenny Scharf.
Alternative Investments/Real Estate: Goldman Sachs Rolls Out Sustainable Real Estate ETF
The fund manager launches a trio of new ETFs aimed at disruptive investing; one of them is themed on sustainable real estate and infrastructure. Goldman Sachs Asset Management (GSAM) launched this week the Goldman Sachs Future Consumer Equity ETF (NYSEARCA: GBUY), the Goldman Sachs Future Health Care Equity ETF (NYSEARCA: GDOC) and the Goldman Sachs…
Alternative Investments/ESG: VanEck Targets Energy Transition, Launches New Green Metals ETF
VanEck launched Thursday a new ETF focused on ‘green metals.’ The VanEck Green Metals ETF (NYSEARCA: GMET) will invest in companies whose businesses focus on metals including copper, cobalt, lithium, nickel, zinc and rare earths metals, which are essential for clean energy technology as well as lithium batteries.
Alternative Investments/ESG: iShares Launches ESG Corporate Bond ETF
The fund manager has expanded its range of sustainable products with the launch of new fixed income and low volatility ETFs. On Wednesday, iShares launched the iShares ESG Advanced Investment Grade Corporate Bond ETF (ELQD), which tracks the iBoxx MSCI ESG Advanced USD Liquid Investment Grade Index and carries an expense ratio of 0.18%. (ETF…
Alternative Investments/Digital: New ETF From Tuttle Capital Bets Against Cathie Wood And Ark
The Tuttle Capital Short Innovation ETF (NASDAQ: SARK), which started for trading Tuesday, takes a contrarian view on famed stock picker and fund manager Cathie Wood’s flagship fund – the ARK Innovation ETF (NYSEARCA: ARKK). The new ETF, a type of fund also known as a “short” or “inverse” ETF, is actively managed and is structured to achieve the inverse of the return of the ARK ETF in a single day.
Alternative Investments/FinTech: Grayscale Files To Launch “Future Of Finance” Equity ETF
Grayscale Investments LLC filed Friday with the SEC for the Future of Finance ETF (GFOF), an ETF product focused on companies involved in the advancement of the digital economy. The new ETF would be sub-advised by Vident Investment Advisory, and US Bank would function as custodian.
Alternative Investments/ESG: Canada’s Purpose Investments To Launch Carbon Neutral Crypto ETFs
Purpose Investments, a Canadian fund manager with AUM in excess of $1 billion as of March 2021, is launching today the Purpose Bitcoin ETF and the Purpose Ether ETF. Both funds offer ‘green’ exposure to the respective spot cryptocurrencies through an inbuilt carbon offsetting feature in the funds.
Alternative Investments/ESG: iShares Launches ESG ETF For Low Volatility Large And Mid-cap Stocks
The iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ: ESMV) is a newly launched fund from Blackrock that offers investors the opportunity to invest in U.S. large and mid cap stocks that have low volatility and yet offer reduced carbon exposure and better ESG characteristics.