Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Northern Trust Expands Mutual Fund Services for Correspondent Bank Clients
Leverages Broadridge's Matrix Financial Solutions for Trade Processing
July 6, 2016--Northern Trust announced today it will expand the third-party fund services it provides to Correspondent Trust Services clients through a collaboration with Matrix Financial Solutions, a Broadridge Company.
The enhanced capability will allow correspondent banks to trade mutual funds, exchange traded funds and collective investment trusts from more than 650 asset management fund families.
view more Wilshire Funds Management Assumes Portfolio Management of the AdvisorShares Wilshire Buyback ETF (TTFS) view more Horizons ETFs Announces Closure of Certain ETFs view more
Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the launch of Guggenheim S&P 100(R) Equal Weight ETF (NYSE Arca: OEW).
Source: Exchange Traded Concepts, LLC
June 30, 2016--AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that Santa Monica, California-based Wilshire Associates will assume sub-advisor responsibilities of the AdvisorShares Wilshire Buyback ETF (NYSE Arca: TTFS) on Friday, July 1, 2016.
Josh Emanuel, CFA, chief investment officer and managing director of Wilshire Funds Management, Wilshire's global investment management business unit that advises on approximately $150 billion, will serve as lead portfolio manager of TTFS. The fund's total expense ratio will also decrease to 0.90%, a 10% reduction.
Source: AdvisorShares
June 29, 2016-Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (the "Manager") announced today that they will be terminating certain exchange traded funds ("ETFs") effective at the close of business on or about Friday, September 9, 2016 (the "Termination Date").
The classes of the ETFs being terminated (collectively, "Terminated ETFs") are as follows:
HUT, HUT.A-Horizons Cdn Equity Managed Risk ETF
Source: Horizons
