In another quiet week for new ETF launches, Tabula has debuted a new thematic fund which it says is the first ETF to provide exposure to both realised and expected inflation in a single index. Elsewhere, Amundi launched a new fund offering access to Japanese equities with a focus on ESG, while a brace of new ETFs from SSGA provide investors with access to corporate bonds and currency-hedged global shares.
Launches & Fundraising
iM Global Partner and its strategic partner, Scharf Investments, have launched a new UCITS fund, the OYSTER US Value fund, within the OYSTER range.
Ultimus Fund Solutions (Ultimus) has helped Primark Capital launch the Primark Private Equity Investments Fund, which gives non-accredited retail investors access to private equity market investment opportunities.
Invesco has been busy on the new ETF front this week with the launch of the Invesco S&P/TSX Composite ESG Index ETF and the Invesco QQQ Innovation Suite, which sees four new funds join the original Invesco QQQ ETF – launched 20 years ago – to provide investors with access to the NASDAQ-100 Index and NASDAQ Next Generation 100 Index through a variety of investment structures and exposures. Elsewhere, Red Gate Advisers partnered with Blue Tractor and Stance Capital to launch a semi-transparent ETF, while HSBC GAM debuted a sustainable Equity UCITS ETF, and Quikro launched Europe’s first thematic ETF focusing exclusively on digital infrastructure and connectivity…
‘Blue economy’ companies are the focus of one of this week’s new ETF launches – the BNP Paribas Easy ECPI Global ESG Blue Economy UCITS ETF – which gives investors access to industrial companies focused on the recycling of waste and the use of renewable resources to optimise energy, water and raw material consumption and increase productivity, including protecting the world’s oceans. The pick of the week’s other newcomers includes Innovator Capital Management’s Innovator Stacker ETFs which offer a “stacked” or multiple exposure on the upside, to a cap, with a single exposure to the downside, plus the fourth structured outcome ETF from TrueMark.
Hugues d'Annoux and Morten Kielland have launched Key Family Partners in Geneva, a new multi-family office designed to oerate as 'a sophisticated private investment club'.
Accelerate Financial Technologies (Accelerate) has launched the OneChoice Alternative Model Portfolio, which aims to provide a simple and efficient way to attain exposure to a diversified sleeve of alternative investment strategies to complement core portfolio holdings.
Special Purpose Acquisition Companies, or SPACS, have been all the rage in 2020 and now investors can get access to the most liquid SPAC IPOs in a diversified basket with the Defiance Next Gen SPAC Derived ETF. Other notable newcomers in a busy week for ETF launches, include the first actively-managed, Shariah-compliant, global equity ETF from Almalia, plus Red Gate Advisers' Stance Equity ESG Large Cap Core ETF, which is the first fund to utilise Blue Tractor's shielded alpha ETF wrapper.
This week’s new ETF launches includes a suite of five funds from CI Financial’s US affiliate Cabana Asset Management on the NYSE, which are based on the firm’s existing Target Drawdown Professional Series of separately managed accounts (SMAs) and aim to maintain and grow wealth over the long term with drawdown percentages ranging from 5-16 per cent. Elsewhere, RBC iShares added two new funds to its fixed-income line-up, HSBC debuted a sustainable investments fund on Xetra, and Invesco launched the first euro-denominated hybrids bond ETF.
The Tellworth British Recovery & Growth Trust plc (the "Company" or "TBRGT"), which announced its intention to float on 2 September 2020, commenced its initial public offering on 16 September 2020.