CEO of Beyond Investing and Beyond Animal, Claire Smith joins Elysabeth Alfano on the Plantbased Business Hour to discuss the pitfalls for plant-based businesses such as securing bank loans for small vegan businesses and the structural changes that will need to take place to accommodate new business models.
VanEck Launches New ETF for Global Alt Protein & Sustainable Food Production
Global investment manager VanEck has launched a new European exchange-traded fund (ETF) for sustainable food companies. With the aim of providing exposure to companies such as plant-based meat and dairy producers, VanEck claims the ETF provides an efficient vehicle for accessing the companies benefitting from these long-term structural trends. With global population increases and climate change-related disruptions to an already fragile food system, ETF and mutual fund manager VanEck recognizes the need to drive sustainable agricultural processes and technologies. Plant-based meat and dairy alternatives, vertical farming, precision agriculture, functional ingredients, and vegan organic and health foods will all form part of the platform, reports ETF Strategy. The VanEck Sustainable Future of Food UCITS ETF has been listed on London Stock Exchange in US dollars (VEGI …