The independent ratings system and forecasting service, The Index Standard, headed by Laurence Black, has expanded to include the hire of a new head of analytics, Jay Watson.
iM Global Partner, a global asset management network, has made another alliance in its US expansion by entering a partnership with Richard Bernstein Advisors (RBA). The firm acquired a 45 per cent non-controlling stake in RBA as of July 28, 2021.
Impact Shares has launched the Impact Shares Affordable Housing MBS ETF (NYSE: OWNS), an ETF that invests in agency mortgage-backed securities (MBS) backed by pools of mortgage loans made to minority families, low- and moderate-income (LMI) families, and/or families that live in persistent poverty areas.
Global brokerage infrastructure platform DriveWealth, LLC has announced the planned launch of a new line-up of yield-focused fixed income ETFs, providing retail investors alternatives to low yielding cash accounts.
US-based boutique value equity manager Hillman Capital Management is the latest firm to step into ETF waters through a partnership with SS&C ALPS Advisors.
Franklin Templeton Canada has listed Franklin Martin Currie Sustainable Emerging Markets Active ETF (FSEM) and Franklin Martin Currie Sustainable Global Equity Active ETF (FGSG) on the Toronto Stock Exchange.
Prerna Chandak, pictured, Vice President ETFs at Canada’s Mackenzie Investments, has published a white paper on index investing, finding that advisers and investors should consider a due diligence framework for selecting index ETFs, ideally one that includes four key components: assessing index exposure, product structure, total cost of ownership and support offered by the ETF provider.
Viridi Funds, a registered investment adviser and emerging fund manager, is launching a publicly traded clean energy bitcoin mining ETF, Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, on the NYSE with the ticker RIGZ.
Invesco has launched a new multi-factor ETF suite tracking the S&P Quality Value & Momentum Top 90 % Indices in the US, adding to their joint suite of 66 US listed products.
Hector McNeil, HANetf co-founder, has confirmed that the London-headquartered firm intends to open in the US in the first half of next year, offering their white label facility to ETF issuers from outside the US, who want to launch ETFs into the country.