Global Palladium Fund releases research on Blockchain implementation in investment sector

Global Palladium Fund releases research on Blockchain implementation in investment sector

New research (1) with institutional investors and wealth managers reveals that 56% believe the impact of blockchain on improving security measures will be ‘very high’ and a further 37% say it will be high. The study is from Global Palladium Fund (GPF), which recently listed four metal Exchange Traded Commodities (ETCs) and is the first ETC provider to use Blockchain technology to record bar information into Distributed Ledger Technology thereby providing an extra layer of security and proof of ownership to the Issuer.   The use of Blockchain is in addition to the traditional recording processes used by the custodian.

When asked about the technology’s impact on other areas of the investment management sector, 52% of professional investors say it will be ‘very high’ on portfolio management, and this is followed by 50% who say this is about supporting regulatory compliance, and 43% who cite this when asked about improving operational efficiency.  Overall, 42% say blockchain’s impact on reducing costs will be ‘very high.’

Area of business for investment management firms

Percentage of professional investors who believe blockchain will have a very high positive impact on this area of business for fund managers

Percentage of professional investors who believe blockchain will have a high positive impact on this area of business for fund managers

Security

56%

37%

Portfolio management 

52%

34%

Regulatory compliance

50%

40%

Operational efficiency

43%

42%

Costs

42%

33%

Clearance processes

40%

46%

Client on-boarding and management

35%

44%

 

When it comes to automating sales through smart contacts, 63% of professional investors interviewed said the impact of blockchain will be very high, and a further 25% said it will be high.

Alexander Stoyanov, Chief Executive Officer of GPF said: “Blockchain can have a huge positive impact on every aspect of an asset manager’s business.  Increasingly, having blockchain at the centre of their operations, will become as important for fund managers as the investment strategies they employ. For example, provenance is becoming the centre of attention in commodities markets, and we are proud to be the first ETC issuer to be using blockchain to record metal bar ownership thereby demonstrating its practical applications to investors.”

Timothy Harvey, Chief Executive Officer and Founder of NTree, said: “Blockchain will have a huge impact on the way asset managers run their businesses.  It will be a source of competitive advantage for the early adopters, which means that is likely to be a feature of the industry landscape relatively quickly.”

Global Palladium Fund’s (GPF) has four new metal ETCs (gold, silver, palladium and platinum) listed on the Deutsche Börse and London Stock Exchange.  They have the lowest charges with total expense ratios (TER) ranging from 0.145% to 0.20%. Targeting Family Offices, wealth managers, institutional and other professional investors, the new physically-backed gold, silver, platinum and palladium ETCs will track the spot price of the respective metals they cover. 

GPF’s new ETCs have a strong focus on ESG. LBMA-approved metal will be sourced from producers and suppliers who support the Sustainable Development Goals of the UN 2030 Agenda and other global initiatives in sustainable development and responsible mining.

NTree International Ltd, a specialist in marketing, distribution and investor engagement, is leading the distribution and rollout of Global Palladium Fund’s new metal ETCs.  NTree has set up a dedicated brand, Metal.Digital as an education resource for professional investors with a focus on metals.

 

 

GPF ETCs listed on London Stock Exchange and Xetra

ETC

LSE Ticker

Xetra Ticker

GPF Physical Gold ETC

TGLD

0IIA

GPF Physical Silver ETC

TSLV

0IIB

GPF Physical Platinum ETC

TPLT

0IIC

GPF Physical Palladium ETC

TPAL

0IID

Capital at risk

Source: Global Palladium fund press release
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