The big news in terms of launches this week is the debut of Northern Trust's FlexShares ETFs in Europe with the launch of two climate focused funds. Staying with the green theme, UBS GAM's latest offering is a low CO2 emissions ETF, while Invesco launched a Global Clean Energy fund as well as the first China All Shares ETF. Elsewhere, Invesco added an international equities fund to it's multi-factor suite, and Alger debuted its first active ETF, focused on 40 mid-cap growth stocks.
Launches & Fundraising
UBS Global Asset Management (UBS GAM) has launched the UBS (Irl) ETF plc - MSCI World Socially Responsible UCITS ETF (USD) A-acc n Xetra and Börse Frankfurt.
Invesco has launched the MSCI China All Shares Stock Connect UCITS ETF, which provides a unique investment opportunity for investors.
Invesco has launched the Invesco Global Clean Energy UCITS ETF providing investors in Europe with unique exposure to what the firm believes will be one of the world’s most important long-term investment themes.
Illinois-based asset manager TrueMark Investments has launched MARZ, the ninth ETF in the True-Shares structured outcome product suite.
WisdomTree has launched the WisdomTree Energy Enhanced - EUR Daily Hedged ETC on Xetra and Börse Frankfurt.
Alger, a USD43 billion investment management firm, has launched the Alger Mid Cap 40 ETF, the firm’s first active ETF, which is a high conviction and focused portfolio with 40 mid-cap growth stocks.
Northern Trust Asset Management’s FlexShares Exchange Traded Funds has announced it is to open in Europe, with the launch of two climate focused ETFs, the FlexShares Developed Markets Low Volatility Climate ESG UCITS ETF (QVFD) and the FlexShares Developed Market High Dividend Climate ESG UCITS ETF (QDFD).
Invesco has launched the Invesco International Developed Dynamic Multifactor ETF (IMFL).
A real mixed bag of new ETF launches includes several new bond funds, including a new WisdomTree offering focused on EU bonds dedicated to financing the bloc's coronavirus recovery efforts. Elsewhere, L&G debuted a new ETF providing access to green bonds, while the latest offerings from BNP Paribas Easy focus on sustainable eurozone bonds and emerging markets bonds.