BNY Files Five Active Bond UCITS ETFs for Europe

BNY Investments has filed five actively managed fixed income UCITS ETFs with Ireland's Central Bank, marking its planned entry into the European ETF market. The proposed funds cover euro corporate bonds, global aggregate bonds, global corporate bonds, and U.S. and global high-yield debt. The launch would extend BNY's ETF business beyond its 18 U.S.-listed ETFs, which manage about $18 billion in assets. The move positions the asset manager to compete in Europe's growing active ETF market while leveraging its established fixed income expertise.