A quiet week for new ETFs saw the arrival of a new issuer, Leatherback Asset Management, which launched its first fund, the Leatherback Long/Short Alternative Yield ETF, in partnership with Tidal ETF Services. Elsewhere, Changebridge Capital debuted two actively-managed ESG funds, and LGIM launched a new clean energy ETF.
Launches & Fundraising
Truss Edge, a specialist front, middle and back office technology operations company, is supporting the launch of a new clean energy ETF, which has been launched by Legal & General Investment Management (LGIM).
Leatherback Asset Management, in partnership with Tidal ETF Services, has launched its first Exchange-Traded Fund – the Leatherback Long/Short Alternative Yield ETF (LBAY).
Changebridge Capital, a Boston-based asset manager specialising in active management powered by quantitative and fundamental analysis, has launched its first two ETFs, CBLS and CBSE.
This week’s new launches include four new funds with a green hue – JP Morgan’s latest ETF focussed on companies with reduced carbon dioxide emissions, a new clean energy fund from LGIM, an Amundi ETF offering access to sustainable US companies, and a new addition to State Street’s SPDR ESG line-up. Elsewhere, Goldman Sachs debuted a new ETF based on a Solactive ARTIS-based equity index, while VictoryShares added to its suite of thematic funds.
Since Wednesday a new exchange traded fund issued by JP Morgan is tradable on Xetra and Börse Frankfurt.
Victory Capital Holdings has launched the VictoryShares Top Veteran Employers ETF (VTRN) and the VictoryShares Protect America ETF (SHLD). Both ETFs began trading on Nasdaq Stock Market in early November 2020.
Legal & General Investment Management (LGIM) has launched the L&G Clean Energy UCITS ETF, which provides investors with exposure to the innovation and structural opportunities associated with the growing clean energy ecosystem.
State Street Global Advisors, the asset management business of State Street Corporation, has launched the SPDR Bloomberg SASB Corporate Bond ESG Select ETF (RBND).
Amundi has launched a new ETF on Xetra and Deutsche Borse offering investors access to sustainable US companies plus a currency hedge.