Aum

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 70% YTD

Retrieved on: 
Tuesday, August 8, 2023

This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.

Key Points: 
  • This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.
  • On a monthly basis, total crypto AUM in July decreased 3.9% to $34 billion from $35.1 billion.
  • "ETPs backed by BTC are 70.1% of the total digital asset ETP market, compared to BTC's 49.8% weight in the overall digital asset market.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 70% YTD

Retrieved on: 
Tuesday, August 8, 2023

This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.

Key Points: 
  • This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.
  • On a monthly basis, total crypto AUM in July decreased 3.9% to $34 billion from $35.1 billion.
  • "ETPs backed by BTC are 70.1% of the total digital asset ETP market, compared to BTC's 49.8% weight in the overall digital asset market.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

PROSPERA FINANCIAL WELCOMES THREE WEALTH MANAGEMENT FIRMS WITH A COMBINDED $539 MILLION IN CLIENT ASSETS

Retrieved on: 
Tuesday, August 1, 2023

DALLAS, Aug. 1, 2023 /PRNewswire/ -- Prospera Financial Services, Inc. ("Prospera"), a boutique wealth management firm supporting a nationwide network of independent advisors, today welcomes three wealth management firms to its platform with a combined assets under management (AUM) of $539 million.

Key Points: 
  • DALLAS, Aug. 1, 2023 /PRNewswire/ -- Prospera Financial Services, Inc. ("Prospera"), a boutique wealth management firm supporting a nationwide network of independent advisors, today welcomes three wealth management firms to its platform with a combined assets under management (AUM) of $539 million.
  • "We strive to provide our advisors with personalized services and support so they can grow their practice their own way.
  • Led by Matthew Gaspar, President and Senior Financial Advisor, the team also provides portfolio management, risk analysis, education, and trust/estate services.
  • Founded by financial advisors for financial advisors, Prospera's boots-on-the-ground leadership team puts a premium on soliciting and acting upon advisor feedback.

AUM for Digital Asset Exchange-Traded Products Surged 67% in Q1, 34% Higher Than YTD Asset Prices

Retrieved on: 
Wednesday, April 12, 2023

The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.

Key Points: 
  • The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.
  • The AUM increase was predicated on the year to date (YTD) rise in the prices of Bitcoin (BTC) and Ethereum (ETH), which increased 71% and 52% respectively, and accompanying capital inflows.
  • Since ETPs holding BTC and ETH jointly account for 93% of digital asset ETP AUM, this high weighting lent itself to the significant rise in AUMs during Q1.
  • That was higher than the 11% rise in the cryptocurrency prices from $1.07 trillion during the same month.

AUM for Digital Asset Exchange-Traded Products Surged 67% in Q1, 34% Higher Than YTD Asset Prices

Retrieved on: 
Wednesday, April 12, 2023

The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.

Key Points: 
  • The cryptocurrency market value rose 50% during the same period, reflecting a 34% premium in ETP investment inflows and growth relative to crypto asset valuations.
  • The AUM increase was predicated on the year to date (YTD) rise in the prices of Bitcoin (BTC) and Ethereum (ETH), which increased 71% and 52% respectively, and accompanying capital inflows.
  • Since ETPs holding BTC and ETH jointly account for 93% of digital asset ETP AUM, this high weighting lent itself to the significant rise in AUMs during Q1.
  • That was higher than the 11% rise in the cryptocurrency prices from $1.07 trillion during the same month.

Number of Crypto ETPs Grew 50% in 2022, Even as AUM Mirrored Drop in Cryptocurrency Prices

Retrieved on: 
Tuesday, January 17, 2023

For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.

Key Points: 
  • For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.
  • "Specific events, such as the bankruptcy of FTX, contributed to a fall in crypto prices and resultant AUMs."
  • Grayscale's Litecoin Trust (LTCN) launched in 2018, for example, grew more than 220x from an initial AUM of approx.
  • In the month of Dec., the AUM ETPs holding BTC dropped by 3% to $13.5 billion from $14 billion.

Number of Crypto ETPs Grew 50% in 2022, Even as AUM Mirrored Drop in Cryptocurrency Prices

Retrieved on: 
Tuesday, January 17, 2023

For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.

Key Points: 
  • For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.
  • "Specific events, such as the bankruptcy of FTX, contributed to a fall in crypto prices and resultant AUMs."
  • Grayscale's  Litecoin Trust (LTCN) launched in 2018, for example, grew more than 220x from an initial AUM of approx.
  • In the month of Dec., the AUM ETPs holding BTC dropped by 3% to $13.5 billion from $14 billion.

EY Global Alternative Fund Survey finds substantial investor confidence and increasing maturation in alternative asset management industry

Retrieved on: 
Wednesday, November 16, 2022

NEW YORK, Nov. 16, 2022 /PRNewswire/ -- EY today announced the publication of the 2022 EY Global Alternative Fund Survey , which offers a comprehensive overview of the perspectives from alternative fund managers and the institutional investors who allocate to them.

Key Points: 
  • NEW YORK, Nov. 16, 2022 /PRNewswire/ -- EY today announced the publication of the 2022 EY Global Alternative Fund Survey , which offers a comprehensive overview of the perspectives from alternative fund managers and the institutional investors who allocate to them.
  • "The asset management industry is facing a multitude of headwinds and managers are finding themselves shifting and modernizing, both in terms of internal processes and front-office decision-making," said Natalie Deak Jaros , EY Global Hedge Fund Co-leader and EY Americas Wealth & Asset Management Co-leader.
  • "Our annual Global Alternative Fund Survey provides the industry with a better understanding of the trends that drive their business."
  • Specific topics included industry trends; long-term positioning; talent management; investment products; the regulatory climate and strategic priorities.

AGF Reports July 2021 Assets Under Management and Fee-Earning Assets

Retrieved on: 
Thursday, August 5, 2021

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm.

Key Points: 
  • Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm.
  • AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience.
  • AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia.
  • With over $42 billion in total assets under management and fee-earning assets, AGF serves more than 700,000 investors.

Prudential Private Capital invests $60M in Rougaroux Power Holdings

Retrieved on: 
Thursday, August 5, 2021

Prudential Private Capital provided $60 million of senior secured notes to Rougaroux Power Holdings, LLC, an indirect owner of a 192-megawatt operating hydroelectric project located in Louisiana.

Key Points: 
  • Prudential Private Capital provided $60 million of senior secured notes to Rougaroux Power Holdings, LLC, an indirect owner of a 192-megawatt operating hydroelectric project located in Louisiana.
  • Prudential Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ).
  • -Wendy Carlson, Managing Director at Prudential Private Capital (Photo: Business Wire)
    We are proud to continue supporting a high-performing hydro facility, which is among the newest and largest hydroelectric facilities built in the U.S. in the last 30 years, said Ingrida Soldatova, senior vice president of Prudential Private Capitals Power group.
  • Gator Power Holdings I $40 million of senior secured notes to fund a portion of ArcLights acquisition in 2011.