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Active ETP assets up 29% year-to-date
trueAssets in active exchange-traded products rose 29% year-to-date through October, to $32.9 billion, according to data released Tuesday by ETFGI.
Memphis Light, Gas & Water rejects emerging markets debt hire, opts to stay in ETF
trueMemphis Light, Gas & Water Division decided not to hire any new emerging markets debt managers.
AGF Management acquires ETF provider FFCM
trueAGF Management acquired the majority ownership stake in exchange-traded fund manager FFCM.
Franklin Templeton recruits former BlackRock exec to head global ETFs
truePatrick O'Connor was named head of global exchange-traded funds at Franklin Templeton Investments.
Stability of ETFs coming under renewed scrutiny
trueThe collapse of ETF prices on Aug. 24 prompted ETF providers, market makers, stock exchanges and Securities and Exchange Commission officials to begin looking at how to prevent a repeat of that day. But there's no consensus yet on what needs to be done.
Reliance Capital Asset Management to acquire GSAM's India business
trueReliance Capital Asset Management agreed to acquire Goldman Sachs Asset Management's business in India.
Managers finding new ETF niches to stake their claims
trueOver the past several months, U.S. money managers traditionally associated with active portfolio management for both retail and institutional clients have made their exchange-traded fund aspirations more pronounced.
Recent market volatility draws SEC scrutiny of ETFs
trueExtraordinary financial market volatility in the late summer has prompted the Securities and Exchange Commission to look into how exchange-traded products are sold and priced.
Nuveen adds head of ETFs as part of new business initiative
trueMartin Kremenstein was named managing director, head of exchange-traded funds at Nuveen Investments, said spokeswoman Kathleen Cardoza in an e-mail.
SEC approves proposal for new mutual fund, ETF liquidity risk rules
trueThe SEC voted 5-0 on Tuesday to approve a proposal that would establish new rules on liquidity risk transparency for mutual funds and exchange-traded funds.
Market melee highlights need for some rule changes
trueThe timing of the stock market meltdown on Aug. 24 was uncanny, at least in the eyes of the exchange-traded product ecosystem.
Index assets up 4.8% for the year, hitting $9.47 trillion
trueIndexed assets rose to $9.47 trillion during the year ended June 30, a 4.8% increase from $9.04 trillion a year earlier, according to Pensions & Investments' annual survey of managers of indexed assets.
OppenheimerFunds to acquire ETF provider VTL Associates
trueOppenheimerFunds agreed to acquire institutional investment firm VTL Associates.
'Smart beta' term stays, but investor interest divided
trueDespite reluctantly accepting the phrase “smart beta” to define alternatively weighted index investing, U.S. institutional investors remain divided on how and when to embrace these strategies and products, particularly exchange-traded funds, in their investment allocations.
Money managers launch new ETFs to satisfy demand
trueMore active money managers are looking to launch exchange-traded funds as institutional investors' appetite for the funds continues to grow.