Reported 23 days ago
Morgan Stanley has identified a growing demand for sports investment and is launching the 'Parametric Custom Core Sports League' strategy, enabling wealthier fans to invest in companies that support major sports leagues like the NBA and NFL. This innovative index will consist of 250 to 400 securities linked to sports sponsorship and media deals, though it requires a minimum investment of $250,000. As traditional avenues for fan investment remain limited, Morgan Stanley aims to bridge this gap by facilitating investment in the booming sports industry.
Source: YAHOO