Hedge Funds

ESG and Sustainability

The rise of ESG factors in investment decision making will have a dramatic impact on returns and opportunities in the 21st century. A recent survey by LGT Capital Partners and Mercer showed that 57% of respondents believe that incorporating ESG standards into investment decisions will raise returns. Just 9% argued they reduce returns on investment.

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Artificial Intelligence: Metaspectral Gets Grant From British Columbia For AI-Enabled Plastic Sorting

July 26, 2021

The CleanBC Plastics Action Fund, which is funded by the BC Government and administered by Alacrity Cleantech, has awarded a grant of $300,000 to Metaspectral, a Canadian company that derive real-time insights from AI using ultra-high-resolution, visible-to-infrared (hyperspectral) images.

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More Stories on ESG and Sustainability

Venture Capital: Black Founders Raised Four Times More Capital In The First Half This Year

July 22, 2021

According to a Crunchbase report, Black startup founders raised a record $1.8 billion of capital in the first six months of this year. That’s more than 4X the amount of $400 million of funding they landed in the same period in 2020. Again, compare that to the full-year tally of $1 billion and $1.4 billion for 2020 and 2019, respectively.

Alternative Investments/ESG: Bridgewater Launches New Fund Aligned With UN Sustainable Goals

July 22, 2021

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.

Artificial Intelligence: Cambridge Spin-Off AAT Develops AI Platform For Sustainable Cultured Meats

July 21, 2021

Animal Alternative Technologies (AAT), a spin-off from the University of Cambridge, is focused on developing a scalable platform for cell-based meat services, including bioreactors, optimisation software, tissue engineering and analytics. AAT has come out of stealth and its Renaissance Farm platform enables large-scale cultured meat production commercially viable for food manufacturers, restaurant chains, retailers and governments. And its not just mince or bites – it is structured meat (read: steaks) synthesised directly from animal cells.

Alternative Investments/Digital: Viridi Launches The First Clean Energy Crypto Mining ETF In The US

July 20, 2021

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.

Digital Assets: Sustainable Aussie Bitcoin Miner Iris Energy In Pre-Listing $200M Cash Chase

July 20, 2021

Iris Mining, a Sydney-based bitcoin mining company that uses renewable energy for its operations, is looking to raise $200 million before its seeks a direct listing on the Nasdaq, according to a Bloomberg report. The company has already appointed an adviser, commenced discussions with potential investors, and plans to use the funding to lay the base for the listing – perhaps this year.

Alternative Investments/ESG: Faith+Knights Of Columbus Launch ETF Designed For Catholic Investors

July 19, 2021

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.

Digital Assets: The Pegasus Spyware From Israel’s NSO Group Hacked Phones Of Journalists And Activists

July 19, 2021

Forbidden Stories, a Paris-based journalism nonprofit, and Amnesty International shared a contact list with The Pegasus Project, a collaborative investigation between the Washington Post and 15 other news organizations to investigate smartphone hackings of reporters, human rights activists, business executives and the fiancee of murdered Saudi journalist Jamal Khashoggi.

Artificial Intelligence: AI For Deeper Insight Into The Mysterious Narwhals

July 16, 2021

It has been a challenge to study narwhals, the elusive and mysterious whales in the Arctic seas that sport a long unicorn horn on their snouts. They are known to hunt for food up to a thousand meters below the surface of the sea. However, researchers from the University of Copenhagen and the Greenland Institute of Natural Resources have deployed artificial intelligence (AI) to unravel the foraging secrets of the narwhals.

Alternative Investments/ESG: Goldman Sachs Launches Active, Climate-Focused ETF

July 16, 2021

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.

Alternative Investments/ESG: Global X Launches ETFs For Blockchain, Agtech, And Hydrogen Exposure

July 15, 2021

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.”

Alternative Investments/ESG: Brazil’s Hashdex To Offset Mining Emissions In New Bitcoin ETF

July 14, 2021

Brazilian asset manager Hashdex said Tuesday it will launch a bitcoin ETF that will be carbon-neutral in respect of its holdings of the cryptocurrency. The fund manager will purchase carbon credits to offset the emission footprint of its bitcoin using a portion of its management fee. The ETF, titled the Hashdex Nasdaq Bitcoin Reference Price Index Fund (BITH11), will commence trading on the Brazilian B3 stock exchange effective August 4.

Venture Capital: Mighty Buildings, Which Makes Sustainable 3D-Printed Homes, Scores $22M Raise

July 14, 2021

Mighty Buildings , which aims for sustainable buildings construction that address the housing shortage, has raised an additional $22 million in its Series B funding round. Taken with the previous raise of $40 million in February this year, Mighty now has $100 million of capital under its belt since its founding in 2017.

Liquid Alternatives/ESG: CI Global Launches Mutual Funds And ETFs Focusing On Climate Change, Liquid Alt Strategies

July 13, 2021

CI Global Asset Management announced today the launch of two new equity funds – the CI Global Climate Leaders Fund, which focuses on firms leading the global campaign against climate change, and CI Alternative North American Opportunities Fund, which uses alternative strategies to invest in innovative high-growth companies.

Digital Assets/ESG: A South Korean University Pays 10 Ggool To Students To Recycle Their Poo

July 12, 2021

Professor Cho is the inventor of the BeeVi toilet, which routes human excrement to a laboratory that converts it to biogas and manure. The eco-friendly toilet disburses 10 Ggool, a cryptocurrency created by Cho, to every person who uses the toilet for defecation. The biogas (methane) is a power source for the university building while the manure is used in gardening.

Artificial Intelligence: Autonomous Saildrone Surveyor Completes 28-Day, SFO-HONO Voyage

July 12, 2021

The Saildrone Surveyor, an unmanned, fully autonomous vehicle designed for deep-ocean mapping, completed its maiden voyage from San Francisco to Honolulu on Thursday, July 8. The 14-ton, 22-meter long Surveyor used wind and solar energy to power its 2,250 NM voyage and array of acoustic instruments.

Alternative Investments/ESG: Sprott’s To Reorganize UPC Into Physical Uranium Fund

July 8, 2021

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.

Liquid Alternatives: BlackRock Launches Liquid Alternatives ESG Fund In Europe

July 7, 2021

BlackRock (NYSE: BLK) has introduced its Systematic Multi-Strategy ESG Screened fund in Europe. The new fund is categorized as Article 8 under the European Union’s Sustainable Finance Disclosure Regulation (SFDR). It seeks to provide a total return in the form of capital and income through three uncorrelated and complementary strategies.

Alternative Investments/ESG: AuAg Funds Launches ESG-Screened Gold Mining ETF

July 6, 2021

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

June 25, 2021

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.

Alternative Investments/ESG: Engine No 1 Rides Momentum Of Exxon Win With ETF Launch

June 23, 2021

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.

Digital Assets: Stronghold Digital Mining Raises $105M To Mine Cryptos Using Waste Coal

June 23, 2021

Stronghold Digital Mining has raised $ 105 million through two private equity placements for its Scrubgrass Generation Plant power generation facility in Venango County, Pennsylvania. The utility converts waste coal from abandoned mines in the area to generate electricity on the scale of a large-scale hydropower plant. Stronghold uses this energy to mine cryptocurrencies including bitcoin.

Alternative Investments/ESG: Franklin Templeton Canada Launches New Sustainable Funds

June 21, 2021

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…

Digital Assets: Miami Mayor Suarez Wooing Crypto Miners With Promise Of Cheap Nuclear Power

June 18, 2021

While the national average for the cost of electricity is $0.13 per kilowatt hour, it is just $0.10 in Miami. One reason is the Turkey Point Nuclear Plant (pictured above), which helps power Miami. In fact, in Florida, nuclear is the second biggest energy source after natural gas. Besides, nuclear energy is a very clean form of energy unlike other, fossil-based sources such as coal. Dirty energy and related emissions have accounted for a lot of the recent bitcoin-bashing in recent days. All reasons for Mayor Suarez to promote Miami as a hub for crypto mining.

Alternative Investments/ESG: Fidelity Expands ESG Funds Lineup With Mutual Funds, ETFs, And A Bond Fund

June 18, 2021

Fidelity Investments announced Wednesday the launch of five new actively managed Environmental, Social, and Governance (ESG) funds. These comprise two mutual funds, two ETFs, and one bond fund.