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.
Bernstein’s recent analysis indicates that the crypto fund management industry currently stands at approximately $45-50 billion in assets. However, the firm foresees a substantial growth potential, with expectations that it could burgeon to a staggering $500-650 billion within the next five years. This projection is rooted in the belief that the cryptocurrency industry is evolving from its current status as a relatively small “cottage industry” to becoming a formally regulated asset management sector.
Get Daily Updates
Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.
More Stories on Alternative Investments
The WisdomTree Blockchain UCITS ETF (WBLK), which tracks the WisdomTree Blockchain index, offers exposure to companies with a primary focus on blockchain and crypto technologies. Launched in Europe, the ETF trades on the Deutsche Boerse and Borsa Italiana and will also list on the London Stock Exchange on 14 September.
Global X ETFs has launched the Global X Disruptive Materials UCITS ETF, which will invest in companies with operations linked to any of the following ten disruptive materials categories: Carbon fiber, cobalt, copper, graphene & graphite, lithium, manganese, nickel, platinum & palladium, rare earth elements, and zinc.
Invesco has launched the Invesco Wind Energy UCITS ETF and Invesco Hydrogen Economy UCITS ETF in advancement of the thesis that the sharp rise in fossil-sourced energy costs adds to the rationale for renewable energy, even beyond environmental concerns.
Alternative Investments: Direxion Launches Inverse ETFs To Bet Against Amazon, Google, And Microsoft
Direxion, provider of tradeable and thematic ETFs, announced the launch of an additional six single stock leveraged and inverse ETFs, listing on the NASDAQ. These new ETFs follow on Direxion’s previously introduced four single stock leveraged and inverse ETFs, namely TSLL, TSLS, AAPU, and AAPD.
Alternative Investments/ESG: Emerge Canada Launches Five Sustainable ETFs Under Its EMPWR Program For Women-Led Managers
Emerge Canada launched a new, proprietary EMPWR program that includes separate account strategies, mutual funds and exchange-traded funds available to investors in both Canada and the US. The program promotes sustainable investing while supporting women-led investment managers.
DWS has launched three new ETFs as an extension of its existing suite of climate-focused ETFs. To be listed in Europe, the three new Paris-aligned equity ETFs provide large and mid-cap exposure to stocks from the US, Europe, and Japan. The new ETFs are the Xtrackers USA Net Zero Pathway Paris Aligned UCITS ETF (XNUS GY), which comes with an expense ratio of 0.10%, and the Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF (XEPA GY) and Xtrackers Japan Net Zero Pathway Paris Aligned UCITS ETF (XNJP GY), both of which are priced at 0.15%.
Alternative Investments/ESG: AXA Investment Managers Launches ETF Platform For Responsible Investments
AXA Investment Managers has launched an ETF platform with two active UN SDG (United Nations Sustainable Development Goals) aligned ETFs, classified as Article 9 funds under SFDR regulation. To focus on climate and biodiversity themes, the two ETFs will offer investors the twin benefits of long-term financial growth as well as a positive impact on the environment. The platform would also feature active strategies and enhanced liquidity for investors.
The new ETF from TD Asset Management offers access to the global carbon credit marketplace. The TD Global Carbon Credit Index ETF (TCBN) launched by TD Asset Management offers investors the opportunity to participate in the returns from investments in global ‘cap-and-trade’ carbon emission credits, as measured by the Solactive Global Carbon Credit CAD Hedged…
Alternative Investments/Digital: The Rex Short MSTR ETF Allows Investors To Bet Against Michael Saylor’s MicroStrategy Inc
Here’s a proxy bet on a further fall in bitcoin, which is already down about 70% from its life highs reached in November 2021: Though it is difficult for average investors to short bitcoin [or MicroStrategy (NASDAQ: MSTR), one of the biggest listed investors in bitcoin], they can obtain a bearish exposure to either by buying units of the Rex Short MSTR ETF, an inverse ETF.
Artificial Intelligence: AI Detects Hidden Swimming Pools, Leads French Taxmen To Millions In Revenue
An AI software developed by Google (NASDAQ: GOOGL) and French consulting firm Capgemini (EPA: CAP) deployed as an experiment by French tax authorities resulted in a handsome payoff after it detected more than 20,000 undeclared private swimming pools from aerial images of nine French regions.
Alternative Investments/ESG: NBA Superstar Giannis Antetokounmpo Partners With Calamos On Sustainable ETF
NBA superstar and Milwaukee Bucks forward Giannis Antetokounmpo, also known as the “Greek Freak,” has partnered with Illinois-based Calamos Advisors on a stock ETF that has a sustainable edge. Titled the Calamos Antetokounmpo Sustainable Equities Fund, the new ETF will invest only in firms that comply with ESG standards determined internally.
The Global X Bloomberg MSCI Asia Ex Japan Green Bond ETF, launched by Mirae Asset Global Investments, provides investors an opportunity to invest in investment grade, USD denominated green bonds from issuers located in Asia, but excluding Japan. The fund commenced trading on the Hong Kong Exchange on Friday. The fund has the distinction of being the world’s first ETF to provide access to green bonds of the Asia (Ex Japan) region. It is also Mirae’s first fixed income ETF.
Alternative Investments/ESG: Inspire Advances The Biblically Responsible Investing (BRI) Movement With New ETF
Inspire Investing, which is the world’s largest provider of biblically responsible ETFs, has launched the Inspire Fidelis Multi-Factor ETF, a faith-based fund comprised of 100 high-quality, biblically aligned companies seeking growth and momentum purchased at a reasonable price.
Alternative Investments/ESG: Strive, Which Scooped $250M On The DRLL Anti-ESG ETF, To Launch Four New ETFs
Strive Asset Management, which is backed by investors including Peter Thiel and Bill Ackman, has filed for four new ETFs on Tuesday. The firm has likely been encouraged by the success of its flagship US Energy ETF (NYSEARCA: DRLL) which has exceeded $238 million in assets under management and over $320 million in traded volume in its first two full weeks of launch.
Vanguard has revealed its plans to launch the Vanguard Global Environmental Opportunities Stock Fund, to be actively managed by Ninety One, an experienced active investment manager with a proven track record in environmental, decarbonization, and global investing. Founded in 1991, Ninety One manages approximately $160 billion globally.
Alternative Investments/Fintech: BlackRock Launches Another ‘Megatrend’ ETF Focused On Disruptive Fintech
BlackRock (NYSE: BLK) announced the expansion of its Megatrends suite with the launch of the BlackRock Future Financial and Technology ETF (NYSEARCA: BPAY), an ETF that invests in companies delivering innovative and emerging technologies that are driving disruption within the financial services industry. The actively managed fund will be run by Lead Portfolio Manager Vasco Moreno of BlackRock’s Fundamental Equity (FE) franchise.
Morgan Stanley (NYSE: MS), which coined the term “exchange traded fund” in the 1990s, is making a comeback into the $6.9 trillion ETF market with four socially conscious and sustainable funds under the Calvert label that will invest in US and international stocks. Though late to the party in terms of both ETFs and ESG, Morgan Stanley will bring to bear its $1.4 trillion AUM and marketing muscle on a market that recently saw the advent of the Capital Group and Neuberger Berman.
Hash, a Brazilian fintech focused on white-label payments infrastructure, has handed out pink slips to “dozens” of employees and is slowly winding up its operations, according to Reuters. Sources told Reuters that the company’s talks to raise more capital from Softbank Group’s Latin America fund had proved inconclusive.
HSBC Asset Management has launched the HSBC World ESG Biodiversity Screened Equity UCITS ETF (HBDV) on the London Stock Exchange with a total expense ratio (TER) of 0.35%. The ETF is labelled Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).