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.
Bitcoin, the leading cryptocurrency, is within handshaking distance of its April all-time high of $64,895 after spiking over the last 24 hours on rising market expectations of an imminent SEC approval for a futures-based bitcoin ETF.
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BlackRock has launched the iShares MSCI EMU Paris-Aligned Climate UCITS ETF (EMPA) and the iShares MSCI Europe Paris Aligned UCITS ETF (EUPB) both of which are Paris-aligned climate ETFs. These ETFs are listed on the Euronext Amsterdam exchange effective July 29.
Mutual fund issuer, Bethesda-based ProFunds launched last week an innovative bitcoin mutual fund suitable for retail investors looking to invest in the leading crypto currency without the risks and hassles of holding it in wallets or exchange accounts. The Bitcoin Strategy ProFund (BTCFX) is the first open-ended U.S. mutual fund that will track bitcoin prices.
Direxion announced Thursday (July 29, 2021) its launch of the Direxion Daily Global Clean Energy Bull 2x Shares (KLNE), a leveraged ETF that seeks to return 200% of its benchmark index, the S&P Global Clean Energy Index, in a single day.
Faith-based investment company Timothy Plans announced Thursday the launch of two new ETFs, namely, the Timothy Plan High Dividend Stock ETF (TPHE) and the Timothy Plan US Large/Mid Cap Core Enhanced ETF (TPLE). In line with the principles of Biblically Responsible Investing (BRI), these ETFs would not invest in companies involved with alcohol, tobacco, gambling, or gambling equipment, or abortion, pornography, anti-family entertainment, or non-biblical lifestyles.
Value Partners Group Ltd listed today the VP-DJ Shariah China A-Shares 100 ETF, the world’s first Shariah-compliant A-share exchange traded fund (ETF), on Bursa Malaysia. The ETF provides investors exposure to Shariah-compliant stocks within the China A-Shares equity universe. The ETF tracks the performance of the Dow Jones Islamic Market China A-Shares 100 Index.
Yieldstreet offers retail investors the opportunity to invest in alternative asset classes such as real estate, marine, art, legal finance, and commercial lending. Products are offered across a range of various yields, durations, and minimums after specialized teams evaluate each opportunity within their respective asset class. According to Yieldstreet, investors earn a passive income while diversifying their portfolios. The platform has topped $2 billion in deals funded while returning over $1 billion to investors.
Wall street heavyweight Goldman Sachs (NYSE: GS) has filed with the SEC for launching a new ETF titled the Goldman Sachs Innovate DeFi and Blockchain Equity ETF. According to the filing, the fund would benchmark the Solactive Decentralized Finance and Blockchain Index.
A market survey by alternatives technology provider Vidrio Financial shows that fears of inflation have helped move substantial fund allocations during the first half of 2021 to alternative assets such as private equity and hedge funds. Market sentiment has tended to favor these asset classes during inflationary periods in the economy. Total hedge fund assets burgeoned to nearly $4 trillion by the end of the period, according to HedgeWeek.
Global X, the New York-based ETF provider and subsidiary of $560 billion investment manager Mirae Asset, has filed with the SEC for permission to launch a bitcoin ETF titled the Global X Bitcoin Trust on the Cboe BZX Exchange. No ticker symbol was suggested, but this would be announced before the commencement of trading if the ETF wins the much sought-after approval from the SEC.
Bridgewater Associates, the world’s largest hedge fund, has unveiled the Lyxor/Bridgewater All Weather Sustainability Fund, which will use a UCITS-compliant investing strategy seeking a range of assets compliant with the United Nation’s 17 Sustainable Development Goals (SDG) benchmarks.
Alternative Investments: ‘Nasdaq Private Market’ To Be Spun Out As New Venue For Private Company Stocks
Issuers, brokers, shareholders and prospective investors of private company stock will soon be able to deal on a new platform to be set up as a partnership between Nasdaq (NASDAQ: NDAQ), SVB Financial Group (NASDAQ: SIVB), Citi (NYSE: C), Goldman Sachs (NYSE: GS), and Morgan Stanley (NYSE: MS). Nasdaq’s existing “Nasdaq Private Market,” which was launched in 2014, will be spun off and contributed to this new JV between Nasdaq and the Wall Street financial giants.
Coinshares-backed Viridi Funds, a registered investment adviser and emerging fund manager, has launched the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (RIGZ), a first-of-its-kind clean energy crypto mining product in the US.
Faith Investor Services, LLC (FIS) and Knights of Columbus Asset Advisors (KoCAA) have together launched a new ETF that seeks to offer investors access to a global portfolio of financially attractive stocks whose business practices align with the investment criteria established by the United States Conference of Catholic Bishops (USCCB). The new fund, the FIS Knights of Columbus Global Belief ETF, will trade under the ticker symbol KOCG.
Goldman Sachs (NYSE: GS) has launched its first actively managed, transparent ETF that extends its range of thematic funds. The Goldman Sachs Future Planet Equity ETF will invest in companies that seek to provide solutions to environmental problems aligned with five key themes: clean energy, resource efficiency, sustainable consumption, the circular economy and water sustainability.
Global X ETFs, of the Mirae Asset Financial Group, has launched the Global X Blockchain ETF (BKCH), the Global X AgTech & Food Innovation ETF (KROP), and the Global X Hydrogen ETF (HYDR). The three new ETFs bring up the number of Global X’s thematic funds to 30. They offer investors a focused exposure to “long-term, paradigm-shifting themes.”
Sprott’s has agreed with Uranium Participation Corp (TSE: U), a Toronto-based company focused on investing in physical uranium, to reorganize the latter into an investment-fund listed on the Toronto Stock Exchange. Subsequent to such reorganization, the fund will pursue a listing on the NYSE Arca exchange.
Dries Depoorter, a Belgium artist who handles themes such as privacy, artificial intelligence, surveillance & social media, is using artificial intelligence (AI) to scan the live streams on YouTube of meetings of the Flemish government. Using machine learning and facial recognition, Depoorter’s software picks out politicians distracted by their mobile phones.
The AuAg ESG Gold Mining UCITS ETF (ESGO) will list on the London Stock Exchange. Sweden-based AuAg Funds, a boutique brand with a focus on precious metals & green-tech elements, and white-label ETF platform HANetf have come together to launch Europe’s first ESG-focused gold mining ETF. The AuAg ESG Gold Mining UCITS ETF (ESGO) provides…
Alternative Investments/ESG: Horizons Launches Lithium and Hydrogen ETFs for Exposure to Future Clean Energy Technologies
Horizons ETFs launches the Horizons Global Lithium Producers Index ETF (HLIT), and the Horizons Global Hydrogen Index ETF (HYDR) on the Toronto Stock Exchange. The new lithium and hydrogen ETFs are each a category-first in Canada.
Janus Henderson Group plc (NYSE: JHG) announced Wednesday the launch of its Janus Henderson U.S. Real Estate ETF (NYSEARCA: JRE) that focuses on real estate opportunities in the U.S. and in Canada. The actively managed fund will target real estate securities driving the future of the sector, which may include cell towers, data centers, gaming REITs, cold storage and more, without bias toward style, property type or market cap.
It’s been nearly a month since that seismic day when Engine No 1 won backing from key institutional investors in Exxon Mobil Corporation (NYSE: XOM) and got three of its representatives to sit on the energy giant’s board. Engine demanded that Exxon needed to shift its operations and significantly reduce emissions in order to ensure long-term financial viability. Engine No 1 is making waves again, this time with its announcement of the launch of its first ETF.
The asset manager announced five ETFs and four mutual funds, all with a sustainability skew. Franklin Templeton Canada launches new sustainable funds managed by its boutique investment managers. New funds from Franklin Templeton Canada Type of Fund Investment Manager Investing target Features MUTUAL FUNDS Franklin ClearBridge Sustainable Global Infrastructure Income Fund ClearBridge Investments: Global Equity…