Exchange-traded funds

Macquarie Investment Management to Acquire $US12.3 Billion in Assets of First Investors Funds Managed by Foresters Financial

Retrieved on: 
Tuesday, April 9, 2019
Professional services, Banking, Finance, Finance, Money, Economy, Macquarie Group, Martin Place, Financial markets, Exchange-traded funds, Delaware Investments, Virtus Investment Partners

Macquarie Investment Management today announced it has entered into a definitive agreement to purchase the assets related to the mutual fund management business of Foresters Investment Management Company, Inc., the investment adviser of the First Investors funds, with approximately $US12.3 billion in assets under management.

Key Points: 
  • Macquarie Investment Management today announced it has entered into a definitive agreement to purchase the assets related to the mutual fund management business of Foresters Investment Management Company, Inc., the investment adviser of the First Investors funds, with approximately $US12.3 billion in assets under management.
  • The First Investors funds business aligns with our mission to provide clients with investment capabilities across multiple strategies, said Shawn Lytle, global head of Macquarie Investment Management and president of Delaware Funds by Macquarie.
  • Macquarie will also support the Foresters advisors joining Cetera through its investment management offering, Delaware Funds by Macquarie.
  • Macquarie Investment Management is a division of Macquarie Asset Management, a global asset manager with more than $US374.8 billion in assets under management as of Dec. 31, 2018.

Precidian Comments On U.S. SEC Approval Of ActiveShares™

Retrieved on: 
Monday, April 8, 2019
Finance, Economy, Money, Exchange-traded funds, Funds, ETF, Investor, BetaShares, Source UK Services

NEW YORK, April 8, 2019 /PRNewswire/ --Precidian Investments today commented on the recent approval by the U.S. Securities and Exchange Commission (SEC) of its proprietary exchange traded fund (ETF) intellectual property, ActiveShares.

Key Points: 
  • NEW YORK, April 8, 2019 /PRNewswire/ --Precidian Investments today commented on the recent approval by the U.S. Securities and Exchange Commission (SEC) of its proprietary exchange traded fund (ETF) intellectual property, ActiveShares.
  • Precidian is an industry leader in the creation of innovative financial products, specializing in ETF and mutual fund development and associated trading and pricing technologies.
  • Legg Mason, one of the world's leading asset management firms, holds a minority equity position in Precidian.
  • "We are confident that the SEC's approval of Precidian's ActiveShares model will allow us to help investors meet all these objectives."

FactRight Announces Partnership With Mirae Asset Wealth Management USA

Retrieved on: 
Monday, April 8, 2019
Finance, Money, Economy, Mirae Asset Financial Group, Investment banks, Mirae Asset Daewoo, Mirae, Alternative investment, Asset management, Exchange-traded funds, Qualified Foreign Institutional Investor, Asset management in Singapore

MINNEAPOLIS, April 8, 2019 /PRNewswire-PRWeb/ --FactRight, LLC (FactRight), an expert diligence, support and training solutions service for firms and advisors looking for greater success with alternative investments, announced today that it is partnering with Mirae Asset Wealth Management (USA) Inc. (MAWM), and its sister entity Mirae Asset Securities and Investments, LLC (MASI), part of a prominent global financial institution, to expand their alternative investment platforms.

Key Points: 
  • MINNEAPOLIS, April 8, 2019 /PRNewswire-PRWeb/ --FactRight, LLC (FactRight), an expert diligence, support and training solutions service for firms and advisors looking for greater success with alternative investments, announced today that it is partnering with Mirae Asset Wealth Management (USA) Inc. (MAWM), and its sister entity Mirae Asset Securities and Investments, LLC (MASI), part of a prominent global financial institution, to expand their alternative investment platforms.
  • We are dedicated to providing innovative financial management solutions that are relevant to each individual investor," said Paul Lee, managing director at MAWM.
  • Mirae Asset Wealth Management (USA), Inc.(MAWM), is an institutional investment manager based in Los Angeles, California.
  • Mirae Asset Securities and Investments, LLC (MASI), is a diversified asset manager; both are integral entities of the global financial group Mirae Asset Daewoo, based in South Korea.

Defiance ETFs LLC Awarded “New ETF Issuer of the Year” by ETF.com & Rings Opening Bell at NYSE for The First 5G ETF (FIVG)

Retrieved on: 
Thursday, April 4, 2019
Professional services, Banking, Finance, Exchange-traded funds, Finance, New York Stock Exchange, Investment, Financial services, Christian Magoon

Today, Defiance ETFs will ring the Opening Bell at the NYSE in honor of launching The First 5G ETF (NYSE: FIVG ).

Key Points: 
  • Today, Defiance ETFs will ring the Opening Bell at the NYSE in honor of launching The First 5G ETF (NYSE: FIVG ).
  • We are honored to be ringing the Opening Bell today to celebrate the launch of FIVG.
  • said Paul Dellaquila, Global Head of ETFs of Defiance ETFs .
  • Defiance ETFs, LLC is the adviser to the Defiance ETFs.

Charles Schwab Ranks Highest Among DIY Investors in the J.D. Power 2019 U.S. Self-Directed Investor Satisfaction Study

Retrieved on: 
Thursday, April 4, 2019
Professional services, Finance, Finance, Exchange-traded funds, Financial markets, Charles Schwab Corporation, Financial District, San Francisco, Investment, Charles Schwab, Schwab, Securities Investor Protection Corporation, Charles R. Schwab

Charles Schwab has received the highest ranking among DIY investors in overall satisfaction nationwide in the J.D.

Key Points: 
  • Charles Schwab has received the highest ranking among DIY investors in overall satisfaction nationwide in the J.D.
  • View the full release here: https://www.businesswire.com/news/home/20190404005173/en/
    Charles Schwab executive vice president and head of Schwab Investor Services Terri Kallsen said, In announcing this ranking, J.D.
  • Power 2019 Self-Directed Investor Satisfaction Study of investors satisfaction who use self-directed investment firms.
  • Charles Schwab Investment Management, Inc. (CSIM) is the investment advisor for Schwab Funds which are distributed by Charles Schwab & Co., Inc. (Schwab), Member SIPC .

Pacer ETFs Adds $1 Billion to AUM in Just Four Months, Reaching $4 Billion

Retrieved on: 
Wednesday, April 3, 2019
Professional services, Banking, Consulting, Finance, Exchange-traded funds, Pacer

Pacer ETFs is a strategy-driven exchange traded fund provider with 15 ETFs and over $4 billion in assets under management as of April 2019.

Key Points: 
  • Pacer ETFs is a strategy-driven exchange traded fund provider with 15 ETFs and over $4 billion in assets under management as of April 2019.
  • Pacer ETFs is focused on addressing investors needs through its four fund families, the Pacer Trendpilot Series, Pacer Cash Cows Index Series, Pacer Custom ETF Series, and Pacer Leaders ETF Series.
  • Trendpilot, Autopilot ETFs, Cash Cows Index and Strategy Driven ETFs are trademarks of Index Design Group, LLC (an affiliate of Pacer Advisors, Inc.).
  • Distributor: Pacer Financial , Inc, member FINRA , SIPC , an affiliate of Pacer Advisors, Inc
    View source version on businesswire.com: https://www.businesswire.com/news/home/20190403005113/en/

MicroSectors™ launches Leveraged and Inverse Leveraged U.S. Big Banks Exchange Traded Notes on NYSE Arca

Retrieved on: 
Wednesday, April 3, 2019
Finance, New York Stock Exchange, NYSE Arca, Economy of the United States, Financial markets, Exchange-traded funds, Alerian, Exchange-traded note

These products amplify the MicroSectorsbrand which was created in January 2018 with the Leveraged and Inverse Leveraged FANG+ linked ETNs.

Key Points: 
  • These products amplify the MicroSectorsbrand which was created in January 2018 with the Leveraged and Inverse Leveraged FANG+ linked ETNs.
  • Big Banks Index -3x Inverse Leveraged ETN (symbol: BNKD), MicroSectorsU.S.
  • Big Banks Index -2x Inverse Leveraged ETN (symbol: BNKZ), and MicroSectorsU.S.
  • Big Banks Index Inverse ETN (symbol: KNAB) started trading today on NYSE Arca.

State Street Global Advisors Launches Two Sector Rotation SPDR ETFs

Retrieved on: 
Wednesday, April 3, 2019
Professional services, Finance, Exchange-traded funds, Finance, Investment, Financial services, SPDR, State Street Global Advisors, SPDR S&P 500 Trust ETF, Standard & Poor's Depositary Receipts

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of two actively-managed, sector rotation SPDR ETFs with tactical allocation strategies.

Key Points: 
  • State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of two actively-managed, sector rotation SPDR ETFs with tactical allocation strategies.
  • The SPDR SSGA US Sector Rotation ETF (XLSR) and SPDR SSGA Fixed Income Sector Rotation ETF (FISR) are managed by the firms Investment Solutions Group (ISG).
  • The SPDR SSGA US Sector Rotation ETF seeks to provide capital appreciation by overweighting or underweighting S&P 500 Sector ETFs based on ISGs sector return forecasts and research, which includes a proprietary, quantitative sector selection model.
  • For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.

ETF Industry Pioneers Jennifer Grancio and Jim Wiandt Join m+ funds Advisory Board

Retrieved on: 
Monday, April 1, 2019
Professional services, Banking, Consulting, Finance, Other Professional Services, Exchange-traded funds, Finance, iShares, Investment, Financial services, BlackRock, Lee Kranefuss

m+ funds, a leading defined outcome investment manager, announced today the additions of Jennifer Grancio and Jim Wiandt to the firms advisory board.

Key Points: 
  • m+ funds, a leading defined outcome investment manager, announced today the additions of Jennifer Grancio and Jim Wiandt to the firms advisory board.
  • Ms. Grancio brings two decades of experience in the ETF industry as a former founder and executive in BlackRocks iShares business, where she spent over 18 years.
  • Mr. Wiandt is the founder of ETF.com, the world's leading authority on exchange-traded funds.
  • Were thrilled to be adding Jennifer and Jim to our Advisory Board, said Oscar Loynaz, Founder and Partner at m+ funds.

Nuveen ETFs Declare Distributions

Retrieved on: 
Monday, April 1, 2019
Professional services, Banking, Finance, Exchange-traded funds, Finance, Nuveen, TIAA, Institutional investors, Financial services

The investors broker is responsible for distributing any dividends and capital gain distributions.

Key Points: 
  • The investors broker is responsible for distributing any dividends and capital gain distributions.
  • For more information about these funds as well as other Nuveen ETFs, please visit our ETF homepage by clicking here .
  • Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors.
  • Nuveen has $930 billion in assets under management as of 12/31/18 and operations in 16 countries.