Latest news with #FinancialAdvisory
Yahoo
a day ago
- Business
- Yahoo
Bitcoin with Bubblewrap: Calamos Preps Laddered ETFs
Photo by JHVEPhoto via iStock Calamos is planning to take Bitcoin investing to a new level, and it wants to offer ETF customers a ladder to get there. The company this week filed for approval from the Securities and Exchange Commission to offer three new exchange-traded funds: the Calamos Laddered Bitcoin Structured Alt Protection, Laddered Bitcoin 80 Series Structured Alt Protection; and Laddered Bitcoin 90 Series Structured Alt Protection ETFs. They would be the latest in the firm's suite of Bitcoin ETFs that offer varying levels of downside protection, a product line Calamos launched earlier this year. Providing exposure to Bitcoin with limits on losses (and upside) can appeal to financial advisors and investors who have been interested in crypto, but leery of the volatility, said Matt Kaufman, head of ETFs at Calamos. 'The financial advisory community hasn't adopted Bitcoin or crypto in a large way,' he said. 'This creates a bridge into Bitcoin for people who otherwise wouldn't approach it.' READ ALSO: Why Invesco Wants QQQ to Become an Open-End Fund and Best International Equity ETFs of 2025 Step by Step, Bitcoin by Bitcoin The proposed ETFs would use options and have exposure to the prices of up to five ETFs: the iShares Bitcoin Trust ETF (IBIT), Grayscale Bitcoin Mini Trust (BTC), Bitwise Bitcoin ETF (BITB), Fidelity Wise Origin Bitcoin Fund (FBTC) and Ark 21 Shares Bitcoin ETF (ARKB). The funds are 'laddered' in the sense that they would invest in underlying Bitcoin ETFs with different target outcome periods, meaning diversification in the timeframes in which they are exposed to different Bitcoin ETFs, according to the prospectuses. What makes the downside protection compelling is that investors may feel comfortable allocating more than the 1% to 2% to Bitcoin that asset managers have recommended, Kaufman said. That may also be the case for early-stage crypto investors, whose wealth has grown exponentially, and who now want to pull back on risk and trade pure Bitcoin holdings for the ETFs, he said. 'You can actually increase risk-adjusted returns in the portfolio,' he said. The firm's protected Bitcoin suite has grown in number of products and total assets since January: Calamos has nine such ETFs, providing downside protection at levels of 80% (40% upside limit), 90% (24.7% limit) and 100% (10% limit), with issuance dates starting in January, April and July. Assets in those funds represent about $130 million, according to the company. Paying for Protection: Bitcoin ETFs, particularly those that provide novel investment strategies, might be the best fit for nonbelievers. 'Although volatile, if you are investing in Bitcoin and are a believer in the asset, I'm not sure why you would want to cap your upside,' said Kevin Feig, a former head of risk at crypto exchanges Coinbase and Kraken, who founded advisory firm Walk You To Wealth. 'Additionally, investors need to be aware of the expense ratio associated with these types of funds, especially considering that fees associated with existing Bitcoin ETFs are likely to reduce as the ability to hold Bitcoin, without the need for an ETF, becomes more widely available in retirement accounts.' This post first appeared on The Daily Upside. To receive exclusive news and analysis of the rapidly evolving ETF landscape, built for advisors and capital allocators, subscribe to our free ETF Upside newsletter.
Yahoo
2 days ago
- Business
- Yahoo
UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025
UBS and Rand Merchant Bank have emerged as the leading financial adviser for mergers and acquisitions (M&A) in the Middle East & Africa (MEA) during the first half of 2025, according to the latest league table published by GlobalData, a data and analytics firm. As per GlobalData's Deals Database, UBS topped by value, with $1.6bn in advised deals, while Rand Merchant Bank led by volume, with four deals to its credit. The leading position of UBS has been attributed to its advisory role in the $1.6bn Warba Bank-Alghanim deal. GlobalData lead analyst Aurojyoti Bose said: "UBS, which led by value in H1 2025, was not even among the top ten by this metric in H1 2024. Involvement in only one but a big-ticket deal helped it top the chart by value." Rand Merchant Bank not only led by volume but also ranked third by value, showing a notable improvement from the fourth position in the previous year. Bose added: 'Rand Merchant Bank saw its ranking by value improve from the fourth position in H1 2024 to the top position in H1 2025. Apart from leading by volume, Rand Merchant Bank also occupied the third position by value.' The second place by value was secured by HSBC, with advisories on deals worth $1.3bn. It was followed closely by Rand Merchant Bank at $807m, Barclays at $801m, and Clairfield International at $750m. In terms of volume, KPMG took the second spot with three deals, with HSBC, Goldman Sachs, and Standard Chartered Bank each advising on two deals. GlobalData's league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names. To ensure further robustness to the data, the company also seeks submissions of deals from leading advisers. "UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Business
25-06-2025
- Business
- Arabian Business
Teneo expands regional presence with new Capital Projects & Infrastructure arm
Global advisory firm Teneo continues to bet big on the Middle East and has launched a Capital Projects & Infrastructure (CP&I) business in the region. The New York-based firm announced that the CP&I's launch team will be led by Stelios Thrasyvoulou, who has joined the company as a Senior Managing Director, along with nine new professionals. Stelios has over 20 years of experience in the region's construction and capital project space. He moves to Teneo from Deloitte, having spent 17 years as an executive director in a leading contracting business in the UAE and broader region. Teneo expands Middle East CP&I advisory The CP&I business will advise clients across the construction, real estate development and capital projects sector from offices in Abu Dhabi and Dubai in the UAE, Riyadh in Saudi Arabia, and Doha in Qatar. This includes offering independent and specialist advice on all aspects of capital projects, ranging from feasibility studies and project initiation, program planning and procurement, PMO function, project financing, claims and change management, project governance and controls, and project reviews and operational performance enhancement. The new CP&I team will join Teneo's regional Financial Advisory business, headed by Matthew Wilde and Elie Fakhoury, and report to Daniel Butters, CEO of Teneo's global Financial Advisory business. Butters commented: 'We are extremely excited to welcome the CP&I team to our business as we continue to expand our already successful Financial Advisory offering in the region. 'Stelios and the senior leadership team have a powerful proposition for the CP&I sector which is a vital sector in the region. They bring deep sector experience and an independent mindset to the full range of project-related challenges including, for example, those that require private sector funding or participation and many that will require reshaping in light of ongoing macroeconomic and geopolitical events. This matches perfectly with our strategy and offering for some of the region's biggest businesses and sovereign wealth funds.' Thrasyvoulou added: 'I am deeply honoured and excited to be joining Teneo and looking forward to working closely with the talented and experienced leadership team. 'Our vision is to develop best-in-class CP&I advisory services and work hand-in-hand with our clients in the region to provide holistic and practical solutions to complex construction project challenges, utilising deep sector knowledge and experience.' Teneo now has over 130 employees in the region working across five business segments – Strategy & Communications, Financial Advisory, Management Consulting, Risk Advisory and People Advisory.
Zawya
24-06-2025
- Business
- Zawya
Teneo launces Capital Projects & Infrastructure business in the Middle East
Dubai – Teneo, the global CEO advisory firm, today announced a significant addition to its global Financial Advisory business with the launch of a Capital Projects & Infrastructure (CP&I) business in the Middle East. The CP&I team will be headed by Stelios Thrasyvoulou, who joins the firm as a Senior Managing Director. Stelios is a 20+ year veteran of the construction and capital project space. Prior to Teneo, Stelios was most recently with Deloitte and spent 17 years as an executive director in a leading contracting business in the UAE and broader region. In addition to Stelios, Teneo is announcing today that nine new professionals will be joining the firm as part of the launch of the CP&I business. The move represents a significant increase in presence in the region. The CP&I business will advise clients across the construction, real estate development and capital projects sector from offices in Abu Dhabi and Dubai in the UAE, Riyadh in the Kingdom of Saudi Arabia, and Doha in Qatar. This includes offering independent and specialist advice on all aspects of capital projects ranging from feasibility studies and project initiation, program planning and procurement, PMO function, PPP/PFI and project financing, claims and change management (including delay and quantum claims), project governance and controls, and project reviews and operational performance enhancement. The new CP&I team will join Teneo's fast-growing regional Financial Advisory business headed by Matthew Wilde and Elie Fakhoury and report into Daniel Butters, CEO of Teneo's global Financial Advisory business. The team will also work in partnership with Nick McDonagh, who leads Teneo's Strategy & Communications business in the Middle East as well as acting as the firm's overall regional lead. Daniel Butters said: 'We are extremely excited to welcome the CP&I team to our business as we continue to expand our already successful Financial Advisory offering in the region. Stelios and the senior leadership team have a powerful proposition for the CP&I sector which is a vital sector in the region. They bring deep sector experience and an independent mindset to the full range of project-related challenges including, for example, those that require private sector funding or participation and many that will require reshaping in light of ongoing macro-economic and geopolitical events. This matches perfectly with our strategy and offering for some of the region's biggest businesses and sovereign wealth funds.' Matthew Wilde, joint leader of the Financial Advisory team in the region, noted: 'We see the next few years as critical to the numerous capital projects being developed across the region. These projects and their sponsors require smart solutions to some very difficult issues. Stelios and the team joining is the culmination of a progressive strategic focus on the sector which started with our deep restructuring experience, moved into debt advisory and is now being strengthened with very deep construction, real estate and infrastructure sector experts with a collective experience in the CP&I space in the region of circa 100 years.' Stelios Trasyvoulou said: 'I am deeply honoured and excited to be joining Teneo and looking forward to working closely with the talented and experienced leadership team. Our vision is to develop best-in-class CP&I advisory services and work hand-in-hand with our clients in the region to provide holistic and practical solutions to complex construction project challenges, utilising deep sector knowledge and experience.' Nick McDonagh, Teneo's regional leader, said: 'We extend a very warm welcome to Stelios and the team and we are delighted to expand the range of services we can offer to our most important clients resolving some of their most challenging issues.' Teneo now has over 130 employees in the region working across the firm's five business segments – Strategy & Communications, Financial Advisory, Management Consulting, Risk Advisory and People Advisory from offices in Riyadh, Abu Dhabi, Dubai and Qatar. About Teneo Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future. Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand-alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions and organizations. Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance and ESG. The firm has more than 1,600 employees located in 40+ offices around the world. For more information about Teneo, please visit Contact Stephen Meahl New York +1 (212) 886-1624
Yahoo
23-04-2025
- Business
- Yahoo
SGH Wealth Management Included on USA TODAY's list of the Best Financial Advisory Firms 2025 List
LATHRUP VILLAGE, Mich., April 23, 2025--(BUSINESS WIRE)--SGH Wealth Management is honored to announce its inclusion in USA TODAY's prestigious list of the Best Financial Advisory Firms 2025. This accolade, presented by USA TODAY in collaboration with Statista Inc., a global leading statistics portal and industry ranking provider, underscores SGH Wealth Management's commitment to excellence in financial advisory services. The full awards list was announced on April 23rd, 2025, and is available on The Best Financial Advisory Firms 2025 awarded the top registered investment advisory (RIA) firms in the United States based on two dimensions: Recommendations from Financial Advisors, Clients, and Industry Experts: An independent survey gathered recommendations from over 30,000 individuals, including clients, industry experts, and financial advisors, who identified commendable RIA firms. Development of Assets Under Management (AUM): Publicly available data was analyzed to assess both short-term (12-month) and long-term (5-year) AUM growth. Established in 2005, SGH Wealth Management is an independent registered investment advisor specializing in fee-based fiduciary early retirement planning and investment management. Serving clients nationwide, the firm focuses on cost-effective strategies and wholistic advice. Their team includes experienced professionals, such as Chartered Financial Analyst (CFA) charterholders and Certified Financial Planner™ (CFP®) Certificants, dedicated to delivering personalized, transparent financial solutions. "We are ecstatic to be recognized on USA TODAY's list of the Best Financial Advisory Firms 2025," said Sam G. Huszczo, CFA, CFP®, founder of SGH Wealth Management. "This honor reflects our unwavering commitment to providing transparent, client-focused financial guidance and reinforces our mission to help clients invest smarter and retire better." Learn more at: View source version on Contacts SGH Wealth Management Sam Huszczo, CFA, CFP 248-731-0029 info@
