From Aristocrats to carbon, this week saw a wide range of launches, including KraneShares’ S&P Pan Asia Dividend Aristocrats ETF (Ticker: KDIV), and the Carbon Collective’s Carbon Collective Climate Solutions US Equity ETF (CCSO).
A busy week again for ETF launches with a nice range of themes.
There is massive potential for wealth managers to offer crypto investing, according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.
The summer lull is definitely upon us, with a quiet week for launches, not least because of the 4th of July holiday in the US.
A flurry of launch activity from VanEck this week brought us their space and future of food ETFs, plus their new CLO ETF, while the crypto winter, as the downturn in crypto asset prices is being called, brought a special crypto winter suite from 21Shares.
According to new research from London-based Nickel Digital Asset Management (Nickel), 69 per cent of professional investors predict over the next two years that wealth managers will come under growing pressure from their clients to offer advice and investment vehicles focusing on crypto and digital assets. Some 23 per cent expect clients to place considerably more pressure on them to do this.
John Wilson, Managing Director UK and Ireland at Avaloq, has commented on the need for a regulatory regime that enables digital asset innovation, in the context of the FCA’s consultation on strengthening financial promotion rules for cryptoassets.
Data from Boring Money reveals radical changes in the UK retail investor population over the last year. As many as 12 per cent of adults aged under 45 now report owning some crypto assets, double the same figure a year ago.
Plans to strengthen the rules on cryptoasset advertisements and protect consumers from misleading claims have been published by the UK government.