In a quiet week for new launches, REXShares expanded its MicroSectors line-up with a new ‘joint’ venture, the first leveraged (2x) cannabis-linked ETP in the US, plus a non-leveraged version too. Elsewhere, JP Morgan debuted a new emerging markets sovereign bonds ETF on Xetra, while LGIM partnered with index provider Foxberry to launch a new responsible investment fund…
Launches & Fundraising
Wells Fargo Asset Management (WFAM) has expanded its Global Investment Grade Credit Strategy with the launch of the Global Investment Grade Credit Fund, a sub-fund of the Wells Fargo (Lux) Worldwide Fund.
Harbor Capital Advisors, the investment adviser to the Harbor Funds family of no-load actively managed mutual funds, has expanded its equity fund lineup with the launch of six new funds.
Vanguard is to launch a new, broad market international bond index fund, Vanguard Total International Bond II. The fund will serve as the international fixed income component for the firm’s Vanguard Target Retirement series and LifeStrategy Funds.
This week’s new ETF launches saw WisdomTree join the cryptocurrency party with the debut of a physically-backed bitcoin fund, its first cryptocurrency product, on SIX. The week’s other ‘exotic’ debutant meanwhile was a uranium mining ETF from ETC. There were also new offering from UBS, WisdomTree, State Street, Invesco and Amundi…
As global leaders gather in Madrid for COP25, Investec Asset Management has launched the Investec Global Environment Fund (OEIC) for UK retail investors to address their increasing focus on mitigating the risks of climate change.
This week’s ETF launches include two new income-focused funds from Pacific Global ETFs which are designed to complement the firm’s flagship offering, the Pacific Global US Equity Income ETF. Elsewhere, BlackRock launched a new iShares ETF on Xetra offering access to the performance of fixed and floating rate US dollar-denominated government or quasi-government emerging market bonds. Also new on Xetra this week is a Japanese equities ETF from Lyxor, while AgioFunds TFI debuted a new fund based on the WIG20shiort index on the Warsaw Stock Exchange…
Robeco has launched Robeco QI Global Multi-Factor Bonds, a new strategy that builds on the company’s long history of factor investing in credits, in combination with its factor investing philosophy in the government bond market.
This week’s new ETF launches include a couple of funds with a focus on the future – a SmartETFs Smart Transportation & Technology ETF from Guinness Atkinson and a NextGen Food & Sustainability ETF from Defiance. Elsewhere, First Trust debuted a factor-based fixed income UCITS ETF, while SSGA launched a new emerging markets Government bond fund, and Goldman Sachs added three smart beta ETFs to it’s offering.
Asset manager ACTIAM has launched the ACTIAM (L) Sustainable Emerging Markets Debt Fund.