Search
 

GemShares Patents Opens Up Possibility of Diamond ETFs (WSJ)

The company is patenting an index that would allow diamonds to become tradable assets.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Diamonds may soon become exchange-traded funds, according to the Wall Street Journal. GemShares, a financial company, is patenting its index for turning the commodity, which are difficult to price in a standard manner, into a tradable asset. Rich investors have 5% of their assets in diamonds, according to a survey by Barclays Wealth. 

Treasury and Risk

Treasury and Risk

Treasury and Risk Staff Writers

More from this author

Dig Deeper

Recommended Stories

CEO War Games

Chester Dawson, William Wilkes, and Enda Curran |

Why, and how, many companies are hedging against the chaos of a full-fledged trade war.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.