KraneShares launched its latest ETF Thursday, a product that provides coverage of the voluntary carbon market.
The KraneShares Global Carbon Offset Strategy ETF tracks carbon-offset futures contracts, including nature-based global emission offsets and global emission offsets, which trade through the Chicago Mercantile Exchange, according to the firm. The ETF will add more offset markets “as they reach scale,” KraneShares said in the announcement.
The ETF is the first in the U.S. “to combine the leading carbon offset futures markets into a single investable fund,” KraneShares CEO Jonathan Krane said in the announcement.
The ETF, which trades under the ticker KSET and charges total fees of 79 basis points, can also invest in carbon credits issued under cap-and-trade regimes, as well as instruments including options, swaps and other ETFs, according to the prospectus.
Climate Finance Partner, or CLIFI, is the ETF’s nondiscretionary subadviser.
“Voluntary carbon markets are a vital tool in the fight against climate change and are increasingly viewed as a cornerstone in global efforts to achieve mid-century net-zero targets,” CLIFI cofounder Eron Bloomgarden said in the announcement. “Investors can feel confident that the offset credits behind KSET are generated from emission reduction activities that have been third-party verified by leading carbon offset registries.”
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
