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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ESG: Insurers Take a Fancy To ESG & Sustainability ETFs (Invesco)
Invesco finds on analysis of recent asset allocation trends that some major institutional investors including insurers, have already realigned their portfolios in favor of ESG strategies. What’s more interesting is that these sophisticated investors are taking increasing recourse to ESG-focused ETFs to give effect to their strategies for sustainable investments.
Hedge Funds: Bridgewater Associates Invests $400 Million in Gold
Hedge Funds: Bridgewater Associates Invests $400 Million in Gold Ray Dalio’s Bridgewater Associates hedge fund has invested $400 million in gold during the second quarter. Based on Bridgewater’s 13F filings, the hedge fund bought 1.4 million shares of the SPDR Gold Trust. Additionally, the company acquired 4.1 million shares in the iShares Gold Trust. Bridgewater’s…
Private Equity: Hong Kong Private Equity Firm Proposes $1.4 Billion Counter Offer
Private Equity: Hong Kong Private Equity Firm Proposes $1.4 Billion Counter Offer Buyout private equity firm Baring Private Equity has recently made an offer to buy Japanese nursing home operator Nichiigakkan. Nichiigakkan has already agreed to Bain Capital’s $1.2 billion offer, but Baring claims to value the nursing home operator at 146 billion yen, or…
Alternative Investments: iCapital To Provide Alternative Investment Solutions to PGIM’s Retail Clientele
PGIM Investments is the retail distribution arm of PGIM, Inc, the $1.4 trillion investment management business of Prudential Financial, Inc. (NYSE: PRU). It has tied up with iCapital Network, a financial technology platform focused on alternative investing, for a customized technology solution to support PGIM’s high net worth clients and financial advisors. The latter will get access to PGIM’s real estate, private credit, and other private alternative investment solutions, hitherto only available to the firm’s institutional clients.
Alternative Investments/Real Estate: The New Guardian i3 Global REIT ETF
The inaugural suite of five ETFs from Guardian Capital comprises two Directed Outcomes solutions that combine high conviction ideas with derivative overlays to seek high income and risk mitigation and three i3 funds that use artificial intelligence to deliver superior risk-adjusted returns. One of the ETFs in Guardian’s new suite is the Guardian i3 Global REIT ETF, an ETF focused on the global real estate market.
CRE Fundraising Faces Challenges Amid Ongoing Global Pandemic
Coronavirus continues its impact on the commercial real estate market. COVID-19 has hit the commercial real estate market in North America particularly hard. Growth for this sector has stalled in the first half of 2020. According to a Preqin report, real estate funding for private equity is past its peak, which was $83 billion in…
Blackstone Invests in South Florida Real Estate
Real Estate Boon Amid Pandemic. Blackstone Group announced its completion of a real estate transaction with Elion Partners, which includes industrial properties in Broward County. The deal encompasses warehouses located in Weston, Coral Springs, and Pompano Beach. Elion Partners initially paid $35 million for these properties in 2018 and 2019. Medical devices company Venus Concept…
Liquid Alternatives: Prime Capital to Launch Liquid Alts Credit Fund
Liquid Alts Proliferate as Their Attributes Shine. Independent asset manager Prime Capital is one of the lastest firms to roll out a liquid credit fund. The fund offers a range of alternative credit strategies, including trade finance and real estate bridge financing. This fund will invest between 15 and 20 funds globally. They will be…
Hedge Funds: Lone Pine Hits the Jackpot
200% Gain on Afterpay Investment. United States-based hedge fund Lone Pine Capital has hit a $56 million jackpot in profits on Afterpay. This firm made returns of over 200 percent on a $27 million investment in Afterpay shares. Its total proceeds exceeded $80 million in just a few months. Its investments were scattered across four…
Private Equity: Blackstone to Acquire Prestige Group Assets
$1.7bn Deal is Largest for India Real Estate Sector. Private equity giant Blackstone group is planning to acquire Prestige Group’s rental income assets for over $1.7 billion, or Rs 12,745 crore. This buyout will be the largest for the real estate sector in India. This transaction will prove to be useful to Prestige Group as…
AUM of ESG-Focussed Funds Exceeds $1T
A rush of inflows of $71.1 billion into ESG and sustainable funds globally between April and June this year pushed the AUM of such funds to a record $1 trillion, according to Morningstar. Investors have been drawn to such funds after the coronavirus outbreak.
Real Estate: Foreign Buying of U.S. Properties Has Glim 2020 Outlook
COVID-19 is sparking a critical decline of overseas buyer interest. Foreign buyers have historically been a large part of the United States real estate market. Lately, however, the size and scope of foreign buyers has been declining. Even worse, the Coronavirus pandemic could exacerbate this trend as international buyers step away from the market. In…
Blackstone Acquires Largest Consumer DNA Database
Private Equity Meets Both Privacy Concerns and Major Growth in Next-Generation Industry. The PE space is buzzing over private equity giant Blackstone’s acquisition of DNA testing company Ancestry. The firm now holds a majority of the company following a $4.7 billion dollar buyout. This is a unique acquisition due to the nature of Ancestry. People…
Private Equity: Ares Raises $5 Billion En Route To $30 Billion 2020 Haul
Ares Leapfrogs Competitors Through Pandemic. Investment firm giant Ares has raised $5 billion for its private equity fund in the second quarter. The firm’s goal is to raise up to $30 billion across all practices, including real-estate and credit. So far in the quarter, Ares raised $400 million for its real-estate fund and $3.9 billion…
Alternative Investments/Real Estate: HOMZ ETF Issuer To Ring NYSE Closing Bell To Mark Fee Cut
The Hoya Capital Housing ETF (NYSE: HOMZ) announced Wednesday a cut in its expense ratio from 0.45% to 0.30%, effective from August 1, 2020. It claimed that it has the distinction of being the lowest-cost ETF in FactSet’s Equity (U.S. Homebuilding segment).
Sender’s Hedge Fund Sees Sharp Gains Amid Unprecedented Robinhood Stock Trading
Sender Company & Partners Up 30% YTD. Hedge fund Sender Company & Partners has seen a 30 percent net gain in 2020 following a series of bets on stocks that are popular on the Robinhood trading platform. Hertz, Tesla and Nio were among those driving skyrocketing returns. Sender is among a group of institutional investors…
Liquid Alternatives Enable Access for Individuals to Alternative Investments
Liquid Alts Offer Endowment Style Investing to Individuals. Liquid alternatives consist of a wide variety of investment options, strategies and portfolio options. Alternative investment prevalence has been growing in recent years among both everyday investors and large financial institutions. This growth in popularity has largely benefitted individual investors in mulitple respects. Alternative investments have historically…
Private Equity: Vitruvian Partners Pulls In $4.7 Billion
Capital Raise Brings Firm Assets to Nearly $12 Billion. Vitruvian Partners, a UK-based private equity fund, has closed its fourth buyout fund after raking in $4.7 billion. Vitruvian Partners launched its fund three months ago. Its cap raise was approximately 40 percent greater than that for its previous fund, which closed at $2.8 billion. The…
Alternative Investments/Venture Capital: Now, An ETF To Capture Private Exits Via SPACs
Bill Ackman’s (pictured above) Pershing Square Tontine Holdings Ltd, raised $4 billion in its IPO last month – the largest ever for a SPAC.
With the ongoing boom in IPOs of SPACs (Special Purpose Acquisition Companies), could an ETF be far behind?
Alternative Investments/ESG: DWS Launches Xtrackers II ESG EUR Corporate Bond Short Duration UCITS ETF
DWS addressed the rising demand for corporate debt laced with sustainable and socially conscious strategies with a new ESG-focused short-duration corporate bonds ETF.
The Euro-denominated Xtrackers II ESG EUR Corporate Bond Short Duration Ucits ETF tracks the Bloomberg Barclays MSCI Euro Corporate Sustainable & SRI 0-5 Year index.
Illinois Municipal Fund Earmarks $125 millions for Alternative Investments
Alternative Investments: Illinois Municipal Fund Earmarks $125 millions for Alternative Investments Oak Brook — an Illinois-based Municipal Retirement Fund — has designated $125 million for alternative investments. The $125 million will be split — $75 million will be invested in Clearlake Flagship Plus Partners. $25 million will be invested in EnCap Energy Transition Fund I,…
Alternative Investments Yielding Strong Diversification Outcomes
Democratizing of Alts Continues Globally. Alternative investments increasingly are in the spotlight for market observers who see their strong outcomes in today’s volatile market environment. These investments include, for example, managed futures, commodities, hedge funds, and private equity. The world of alternative investments is continuing its transition from a relatively exclusive investment asset cateogry for…
Alternative Investments/ESG: KRBN, A New ETF, Could Move The Needle on Carbon Pricing
Krane Funds Advisors LLC, which is the investment manager for KFA Funds and KraneShares ETFs, announced the launch of KFA Global Carbon ETF (NYSE: KRBN). The new KRBN ETF tracks carbon credit futures contracts through the IHS Markit’s Global Carbon Index.
Real Estate: Seller’s Market Sparked by Corona-Infused Dynamics
Sales Closing Above Asking Prices. As a result of the COVID-19 pandemic, real estate industry observers are seeing a seller’s market pervade the space. According to Zillow economist Jeff Tucker, “This spring we saw listings fall off the cliff. Everyone was hunkering down wondering what’s happening to the housing market…These buyers motivated by low…