Tuesday, Ark investmentCathie Woods’ investment company sold shares for $75 million. This comes after the SEC claimed that base of coins it allowed Americans to trade tokens that should actually be registered as securities.
base of coins under investigation by the US SEC.
A few days ago, the The SEC has launched an investigation against base of coins. This is to determine whether the tokens that the exchange allowed Americans to trade need to be registered as securities. In fact, more than 150 tokens are available to Americans on base of coins. However, if the SEC considers them securities, the company may be required to register as a stock exchange with the authority.
Pablo Grevallegal director of base of coinshe said on Twitter: “We are confident that our rigorous due diligence process, a process that the SEC has previously reviewed, keeps securities off our platform, and we look forward to collaborating with the SEC on this matter.”
In response, base of coins asked the SEC to clarify the regulations surrounding the trading of digital assets. She asks the organization to provide rules to identify digital assets that it considers valuable.
See Also: FTC Files Lawsuit Against Meta for Violating Antitrust Laws.
Ark investment sell shares base of coins
Following the announcement, the company lost about a fifth of its value, when the SEC investigation was announced. Until the end of June, Ark it had been the third largest shareholder in the stock market, with around 8.95 million shares.
Nevertheless, Ark investment management has sold more than 1.41 million sharesor about $75 million, according to daily trade data fromArk. During this time, his money flagship Ark Innovation ETFsold 1.13 million shares.
Either Ark has largely bought shares of the stock since its debut in 2021, the sale marks the first time it has sold this year. Since December, Ark investment Management has lost almost half of its assets under management. In addition, its flagship product, theYF Ark Innovation has plummeted almost 50% since the beginning of the year.
Consequently, Wood was forced to close one of her exchange-traded funds for the first time. Monetary tightening around the world appears to have limited the growth in stock valuations as some fear it could tip the economy into recession.
Bonus: French advertising regulations banned crypto advertising during the French Grand Prix.
In the days and weeks that followed the Russian invasion of Ukraine, many assumptions were put to the test. Major warfare had returned to the “peaceful” continent of Europe for the first time since 1945; German defense spending has increased, and Francis Fukuyama’s prediction about the end of history turned out to be just another chapter after all.
For investors and wealth managers, Vladimir Putin’s ‘special military operation’ in Ukraine has raised another pressing question: can the defense sector, seen by many as sitting with alcohol, tobacco, oil and coal in the financial dump, even be considered ESG? that meets investors’ priorities related to the environment, society and governance, given their importance for self-determination?
Well, as always with ESG, the truth is more nuanced. Many ESG funds already include defense companies. Morningstar Direct estimates that 44% of sustainability-themed funds have some exposure to the defense sector, compared to about 60% of standard funds, while only 23% of sustainability-themed funds actively exclude defense.
Among those that had excluded defense was the Nordic bank SEB, which announced in March that it was updating its ‘sustainability policy’ with the result that six of its funds could now include defense stocks and bonds in their portfolios, although not from entities involved in nuclear weapons or illegal weapons such as cluster munitions or landmines.
SEB and media speculation aside, however, seasoned market watcher Russ Mould, chief investment officer at broker AJ Bell, still sees no evidence that ESG funds generally rewrite their criteria for adopting defense firms.
That said, he is quick to point to price gains among defense stocks like BAE Systems, the London-listed defense giant behind the Typhoon, the Type 26 frigate and much more, as evidence of a major shift in market sentiment. market. (BAE has seen its share price rise from £600.80 on February 23 to £7.62 in early May.)
“In some cases, there is a clear reassessment of energy security and national security as important pillars for society,” says Mold. “Look at how many moved quickly to shut down Russian operations and the opprobrium that fell on those who were much slower.”
There’s also a reassessment about how best to take advantage of the control investors have when it comes to sustainability, says Mold. He points, for example, to the unintended consequences of the decision by Anglo American, an international mining company, to divest its coal-producing subsidiary, Thungela Resources. Fully independent, Thunela has taken the lead, with her boss declaring that “coal is here to stay.” In addition, he has seen his valuation skyrocket due to the Ukraine crisis. “Several fund managers have said, you know what? We had more of a say when we had the stock than if we just washed our hands and walked away. You’re starting to see some refinement of the sights there.”
As a result, Mold believes that Ukraine will cause some to reconsider sustainability, including defense, especially when combined with buoyant market performance, as the war rages on and countries like Germany announce significant increases in the national defense budget. Do you think the general definition of ESG is flexible to include any defenses?
“It’s a trend to watch out for,” says Mold. “There’s always the possibility that Wall Street will re-develop the narrative, either to suit their purposes of selling products or because that’s what people think is appropriate.”
That change in the zeitgeist is something geopolitical analyst Tina Fordham, a former chief global political analyst for 16 years at Citi, has a clear vision for. “If the world is on fire, then there is no ESG and there is no investment at all,” says Ella Fordham. “It is high time that investors, in general, appreciate the role of defense and security in guaranteeing democracy, commerce, capitalism and all the things in which we believe.”
Fordham, an adviser to financial institutions and professional services firms, confirms that this is an issue that industry figures are discussing considering the war. Does she think, for example, that there should be a difference between ‘good’ and ‘bad’ defense companies, perhaps based on who they sell to and the types of weapons they make?
“I think there should be. I am advocating in my own space that we be much more thoughtful about corruption and kleptocracy, for example.” Fordham also targets the 17 United Nations Sustainable Development Goals (SDGs) for 2030: the 16the calls for “peace, justice and strong institutions.” “If companies have a screen that seeks to support the SDGs, it is possible to think about defense actions in that sense. As with everything in the ESG world, we need to be careful about how we assess these companies and their performance so that we don’t do the equivalent of defense laundering.”
The notion of ‘good’ versus ‘bad’ defense companies finds little favor at Tribe Impact Capital, a sustainability-oriented wealth manager founded in 2015, where all investments are aligned with the 17 UN SDGs. “We invest in things that prevent wars from happening in the first place,” says Amy Clarke, impact director and co-founder, who dismisses the idea that defense investment can be considered sustainable. “None [my clients] they want defense exposure because these are impact investors; they are trying to create communities and a society where everyone thrives and for them, advocacy is not part of that. Defense is the culmination of where government, business and society have failed.” At best, he views defense as a necessary evil.
Instead of putting money into weapons, and getting a morally questionable financial return from them, Clarke believes in investing to address the underlying causes of the conflict. Instead of re-labeling defense as ESG or good, he invites investors to consider how Russia is financing its war in the first place: “It comes from oil and gas, so if you’re investing in oil and gas, there’s a long, hard conversation you need to have with yourself right now if you’re still happy with that exposure.”
It’s a valid point, but does it completely obviate the broader issue of defense sustainability? Maybe, but maybe not. As Tina Fordham suggests, to be sustainable, democracies must be able to defend themselves against aggressors. After all, one thing we all know is that ESG is certainly not a three-letter acronym that is uppermost in Vladimir Putin’s mind.
The logistics startup Nowports is a new Mexican unicorn after capturing 150 million dollars in investment – Marketing 4 Ecommerce
Entrepreneurs are increasingly sophisticated and have more experience, which has allowed them to grow within the number of venture capital experts or investors interested in supporting them and promoting their projects and outside the country.
Proof of this is Nowports, a startup specialized in logistics has managed to raise 150 million dollars in investment, becoming the new Mexican unicorn with an activated presence in addition to 10 offices distributed in Mexico, Chile, Colombia, Brazil, Peru, Uruguay and Panama.
Nowports, an alias in import and export processes
This company, founded by Alfonso De los Ríos and Maximiliano Casal at the end of 2018, has the purpose improve import and export processes in commercial business; consequently improving their communication and efficiency in shipping courses.
In this context and through an advanced platformBrands that hire Nowports services have access to deep tracking tools, insurance of their merchandise and time savings with anticipated reviews of scheduled shipments.
sound Other benefits that this company endorses with a presence in Brazil, Chile, Colombia, the United States, Panama, Peru, Uruguay and, of course, Mexico:
- Alerts and messages.
- Automatic reports.
- Market trends.
- Effective communication.
- Interactive map.
Plans of the firm after its last round of investment
During the last week of May Nowports secured an investment of 150 million dollars (as mentioned above), which was led by SoftBank Latin America Fund and had contributions from other funds such as Base10 Partners, Broadhaven Ventures, Foundation Capital, Monashees, Mouro Capital, Soma Capital, Tencent and Tiger Global.
Similarly, participation popular startup leaders like Alex Bouaziz, from Deel; Daniel Voguel, from Bitso; Ricardo Amper, from Incode, and Roger Laughlin, from Kavak.
“We are excited to gain the trust of large investment funds and join the short list of unicorns in Latin America. This reinforces our commitment to transform the region’s supply locks with technology and agile access to financing for companies that import or export goods”highlighted Alfonso de los Ríos, co-founder and CEO of Nowports.
It is worth noting that with this the company reach reach is worth $1.1 billion; become the first unicorn that sells in the city of Monterrey.
More offices and human talent
With this new funding, Nowports plans to finalize the following actions:
- Expand its presence in the countries in which it already operates.
- Open offices in Brazil and Chile, and increase its presence in Mexico.
- Grow all areas, but with an emphasis on Engineering for technological development.
- Increase the most talented team (today, it has 500 employees).
“We have been growing with an outstanding acceleration and this injection of capital our permits will continue at this rate to streamline the flow of our operations and reach more corners of the world”added the co-founder of the company, Maximiliano Casal.
Image: Capture/Nowports via Forbes
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This is the return on investment that my three children have realized thanks to their investment in 10 months
One of the things I want to teach my kids is that if they invest their money now that they’re young, they can multiply their money. This is how I invested your money.
This is the second time I have invested my children’s money. The first time between the three they put a capital of 70 euros. The two big ones put 30 euros each and the smallest 10 euros but honestly it is he who understands the least what is happening.
The first time, we were able to double the investment with an ROI close to 100%. They all decided to continue the bet and reinvest everything, even putting a little more of their invested money. They gave me a total of 220 euros to invest.
Products that I bought with the 220 euros
The advantage of a low investment is that you can focus the money on the items that will have the best return on investment. This is why it is more difficult to reproduce this return on investment with higher figures. With my brothers I achieved an ROI of 26%, although these figures already deduce what I get for management. For my children, I work for free. That’s why my brothers ROI with a total investment of 50k is 52% ROI on products sold, which isn’t bad either.
As well as the first time I put almost 70% in the product which always generates the best ROI for me. This also explains the average that was generated because these are products that are bought for 1-3 euros and then resold for 15-35 euros. I decided to invest the rest in Lego. I bought used here at a flea market a complete Lego set which is already at the end of its life for 37 euros. It wasn’t cheap but I sold it for 245 euros on Amazon as a second-hand product, which isn’t bad at all. I have the game…
Results after 10 months
They had been asking me for a long time, so my team finally started analyzing the data. The investment tool will allow us to have it in three clicks in the future. We are very close, but not quite yet. Finally. Figures.
547 euros profit which gives us an ROI of 149%. I think we are not at all wrong with this data. It is clear that this is easy to achieve. Converting a 1 euro into 10 is much easier than replicating it with an initial investment of 1 million euros and converting it into 10.
The eldest wants to continue and reinvest everything. He realized that the thing is profitable. The medium has been saving for a Hoverboard for a while and wants to spend it. I’m still trying to convince him that he should continue to save a bit more and reinvest at least some of that money. Let’s see if I understand. The youngest still doesn’t know exactly what money is and will follow the trend of what his brothers are doing. We’ll see what they decide.
81% of SMEs consider the use of online reviews to be very valuable in terms of investment and time – Marketing 4 Ecommerce
There are several factors that influence a buying decision, from geography to economics. However, in e-commerce, one of the most predominant are the opinions of other users on a certain product or service. Employees of small and medium-sized enterprises (SMEs) in Mexico not only seem clear about it, but they make the most of it: 81% of them collect, monitor and respond to online reviews; considering that its use is very valuable in terms of investment of time and money.
Online reviews help improve customer service
Opinion platform Capterra recently conducted a survey on the collection, administration and use of online reviews by SMEs in our country, which provided important data; among them, that 76% of traders think that They help improve customer service..
How does this translate? Reviews or comments (whether positive or negative) are, in the eyes of the experts, equivalent to market research that offer great value and low cost.
In this context, brands have or apply strategies to get their consumers to leave reviews about the products or services they offer. Here’s what it looks like in the data:
- 47% ask their customers to write and submit a review at the end of every call, email or chat they have with the company.
- Another significantly lower percentage, 35%, share a link on the website that redirects to the page where a review or comment can be left.
It’s worth noting that the process of collecting and managing online reviews isn’t as complicated as it sounds: there is specific software for social networks or social network analysis. This also explains why the majority (68%) of SMEs choose to do so.
How should SMEs react to online reviews?
If the company is committed to gaining notoriety and creating an interaction-loyalty with the consumer in question, the response to your online reviews must be fast and personalized.
According to the study, this idea is not foreign to the sellers of our country. 63% have developed a response policy referring to three elements: tone, content and style. Another 45% have a speed of response policy. And finally, 70% say they respond the same day or sooner.
“Online reviews They are a valuable source of information. which helps companies improve their reputation and optimize their products/services. Almost all companies that take advantage indicate that it is worth it”highlights part of the report led by Bruno Peláez, Capterra content analyst.
Methodology used in the research
To achieve these results, an online survey was carried out during the month of February of the current year (2022) among more than 400 Mexicans, adults, dedicated or related to the receipt and use of reviews online about their products/services.
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