UBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Fidelity launches its first ETF share classes, adding ETF versions of its Intermediate Municipal Income (FIMU), Real Estate Income (FREI), and Short-Term Bond (FSTB) mutual fund strategies. The new ETF classes will share the same portfolios, management teams, and performance histories as the existing funds. Fidelity says recent regulatory changes enabled the move, expanding investor choice while allowing eligible mutual fund shareholders to convert to ETF shares on a non-taxable basis. The launch brings Fidelity’s ETF and ETP lineup to 84 products with $172 billion in assets.
Source: Press Release
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Aura ETFs, in partnership with HANetf, has launched the Weekly World Income UCITS ETF (WEEK), billed as Europe’s first ETF designed to make weekly income distributions.
Invesco has launched the BulletShares 2036 Municipal Bond ETF (BSMA), expanding its defined-maturity municipal bond range.
Astoria Investment Management has launched the Astoria International Quality Growth Kings ETF (IQGR), an actively managed fund targeting large- and mid-cap companies across developed markets outsid…
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