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Cerulli Associates in the US writes that asset managers are pivoting from relying on mutual funds as their prime source of profitability to presenting new products and vehicles that financial advisers and their clients demand.
DWS in the US has announced the listing of Xtrackers MSCI USA Climate Action Equity ETF (NYSE: USCA), with significant first day investment from Ilmarinen. The firm writes that the fund is designed for investors seeking exposure to large and mid-cap companies in the United States that are leading their sector peers in taking actions relating to climate transition.
Truss Edge comments on T+1 rules from the SEC
Following the CSSF approval at the end of November, iM Global Partner has announced it has now launched the iMGP DBi Managed Futures fund with its Partner, Dynamic Beta investments, with EUR60 million in seed money from European investors.
In common with the EFAMA announcement this morning, Cerulli Associates has also found that ETFs have won out in a difficult year.
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, has announced its appointment as the primary international broker for Sinopac Securities.
ETF data providers ETFGI reports that assets invested in the global ETFs industry extended its lead over the global hedge fund industry by USD4.57 trillion at the end of Q3 2022, based on data from ETFGI and HFR.
Dave Nadig, Financial Futurist at VettaFi (yes, he does question that himself in his signature box) is very excited about the new programme for the VettaFi Exchange conference from 5th to 8th February 2023 in the Fontainebleau in Miami Beach.
New research from European ETF provider Tabula Investment Management reveals that over 90 per cent of European institutional investors and wealth managers surveyed are concerned about inflation.
