TechFlow News — On January 7, according to official announcements, Canadian alternative investment management firm Ninepoint Partners LP announced on January 6 the renaming of its Ninepoint Web3 Innovators Fund to the Ninepoint Crypto and AI Leaders ETF. The fund’s investment objectives and strategy remain unchanged, and ETF units will continue trading on the Toronto Stock Exchange under the symbols "TKN" (CAD) and "TKN.U" (USD).
Alex Tapscott, Managing Director and Portfolio Manager at Ninepoint Partners LP, stated: “Since May 2023, the fund’s strategy has been deeply focused on crypto and AI. We believe the incoming U.S. administration will further enhance investment opportunities in these areas. We are excited to continue managing the fund’s strategy under its new name.”
Ninepoint Partners LP, headquartered in Toronto, is one of Canada’s leading alternative investment management firms, with approximately $7 billion in assets under management and institutional contracts. The firm offers a diversified range of alternative strategies spanning equities, fixed income, alternative income, real assets, foreign exchange, and digital assets.
