Vanguard has launched its first fixed income environmental, social, and governance (ESG) ETF for US investors – the Vanguard ESG US Corporate Bond ETF (VCEB).
Launches & Fundraising
Cambria Investment Management, an independent, investment advisory firm focused on quantitative asset management and alternative investments, has launched the Cambria Global Real Estate ETF (BLDG), listed on Cboe.
This week’s new ETF launches includes a suite of five funds from CI Financial’s US affiliate Cabana Asset Management on the NYSE, which are based on the firm’s existing Target Drawdown Professional Series of separately managed accounts (SMAs) and aim to maintain and grow wealth over the long term with drawdown percentages ranging from 5-16 per cent. Elsewhere, RBC iShares added two new funds to its fixed-income line-up, HSBC debuted a sustainable investments fund on Xetra, and Invesco launched the first euro-denominated hybrids bond ETF.
Invesco launches first Euro Hybrids UCITS ETF as the firm expands range of alternative income offerings
Invesco has launched the Invesco Euro Corporate Hybrid Bond UCITS ETF which focusses on the largest part of this growing market, EUR-denominated bonds which account for around two-thirds of the EUR140 billion of issuance.
RBC iShares has expanded its ETF lineup with the launch of two new RBC Target Maturity Corporate Bond funds.
HSBC Global Asset Management has launched two ETFs focused on sustainable investments hon Xetra and Börse Frankfurt.
CI Financial Corp's (CI) US affiliate Cabana Asset Management (Cabana) has launched a USD1 billion lineup of exchange-traded funds using Cabana's innovative and proven target drawdown investment strategy.
“It’s a marathon not a sprint,” says Nick Elward, SVP, Head of Institutional Product and ETFs at Natixis which has just announced the launch of three semi-transparent ETFs. The process of launching them started in 2017, they got the approval in 2019 and are launching those ETFs on 17 September.
A real mixed bag of new ETFs this week includes Innovator Capital Management’s new Stacker funds, the world’s first ETFs to offer a multiple exposure on the upside, to a cap, with a single exposure to the downside, plus a new Tabula fund designed to take advantage of the steepness in investment grade credit curves. We also have several new Xtrackers funds from DWS, three additions to Invesco’s BulletShares suite, as Nasdaq next 50 ETF from VictoryShares, plus a new ‘all-in-one’ retirement ETF from Vanguards based on eight existing equity and fixed income funds.
Invesco, a global provider of exchange-traded funds (ETFs), has added three new ETFs to the BulletShares ETF suite, which offers investors access to customised bond maturities in a transparent1 ETF structure.