Close Close

Portfolio > Alternative Investments

LendingRobot Launches Alternative ‘Robo-Fund’: Top Portfolio Products

Your article was successfully shared with the contacts you provided.

LendingRobot, a robo-advisor for alternative lending built for individual investors, launched a new “robo-fund” called the LendingRobot Series.

Designed as an alternative to traditional fixed income investments, the LendingRobot Series is a “unique combination” of a robo-advisor and an investment fund, according to the firm.

The LendingRobot Series combines cloud-based investment automation, fully transparent funds secured by blockchain technology and sophisticated machine learning algorithms to provide “superior, predictable returns” uncorrelated to stock market performance.

The robo-fund was created as one-stop solution for accredited investors looking for a way to easily invest in consumer, small-business or real-estate loans diversified across multiple “peer lending” origination platforms.

“All investors would be well served by diversifying into multiple marketplaces, but that process is tedious, complicated, and requires a high degree of domain expertise to accomplish correctly,” Emmanuel Marot, CEO of LendingRobot, said in a statement. “That’s why we’ve created LendingRobot Series: to provide investors that understand the value of investing in alternative lending with the confidence that comes from intelligent automation, easy liquidity and complete transparency.”

The LendingRobot is flexible with regards to loan selection and is 100% transparent. Investors decide what kind of risk and time horizon they want, and LendingRobot automatically manages their investments.

The LendingRobot Series charges 1% of assets under management and caps fund expenses at 0.59%.

Based in Seattle, LendingRobot, which is an automated investment service for alternative lending platforms including Lending Club, Prosper and Funding Circle, serves 6,500 clients totaling over $120 million in assets.

AdvisorShares Global Echo Cuts Fees

AdvisorShares announced that the AdvisorShares Global Echo ETF (NYSE Arca: GIVE) will lower its total net expense ratio to 0.99%, capping shareholder costs from exceeding that amount.

The reduction includes decreasing the fund’s management fee to 0.80%. As the actively managed GIVE increases its assets under management and becomes more operationally efficient, the total expense ratio would align with the 0.80% management fee.

GIVE is a multimanager, multistrategy ETF that invests in a diversified portfolio of global equities and fixed income securities with a sustainable and impact investing focus. The second part of GIVE’s dual-impact investment mandate focuses on philanthropic giving.

Franklin Templeton Investments Expands Suite of Actively Managed ETFs

Franklin Templeton Investments introduced a new actively managed international equity ETF to its Franklin LibertyShares platform.

Franklin Liberty International Opportunities ETF (FLIO) provides investors with broad and diversified access to international equity markets outside the U.S., spanning developed, developing and frontier markets, and across sectors and market capitalizations.

FLIO is the first actively managed international equity ETF on LibertyShares platform.

BTIG Global Portfolio and ETF Trading Group Launches Benchmark Market On Close Algorithm

BTIG, LLC announced that its Global Portfolio and ETF Trading Group released a new benchmark market on close algorithm within their suite of portfolio trading strategies.

Built by the firm’s financial engineers, BTIG’s latest algorithm streams historical close and imbalance metrics to determine a reverse implementation shortfall. The portfolio optimizing algorithm uses quantitative analytics coupled with an anticipatory modeling methodology. This will equip BTIG’s portfolio traders with technology that predicts momentum on the horizon to help meet and exceed clients’ performance objectives.

Blue Sky Asset Management Launches the QuantX Family Of ETFs

Blue Sky Asset Management launched a new suite of ETFs under the QuantX brand, according to an announcement

The five ETFs in the QuantX family are all listed on BATS:

  • QuantX Dynamic Beta US Equity ETF (XUSA), which is designed to create smarter risk exposure relative to the FTSE/Russell 1000 Index;
  • QuantX Risk Managed Multi-Asset Income ETF (QXMI), which identifies top-performing fixed income and equity ETFs in attempting to maximize income and capital growth;
  • QuantX Risk Managed Growth ETF (QXGG), which identifies top-performing domestic and international equity ETFs in an attempt to maximize capital growth;
  • QuantX Risk Managed Real Return ETF (QXRR), which captures exposure to real returns by investing in inflation-sensitive assets while seeking downside protection; and
  • QuantX Risk Managed Total Return ETF (QXTR), which seeks to provide higher levels of total return from the best-performing asset classes with downside protection.

— Read last week’s roundup here: Transamerica Launches Fee-Based Variable Annuity: Top Portfolio Products


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.