First Trust PortfoliosflatexDEGIRO teams with DWS on two co-branded ETFs
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
First Trust has filed to launch the First Trust Long/Short Equity UCITS ETF in Europe, bringing its $2.4bn US strategy to the region as demand grows for hedge-fund-style ETFs. The actively managed fund typically holds 80–100% in long positions and up to 50% in shorts, using the Sabrient/Gradient Earnings Quality Rank model to identify opportunities based on more than 300 risk factors. The US version has delivered 8.8% annualised returns since 2014. The launch follows similar long/short ETF offerings from BNP Paribas AM, Sirios Capital, and Man Group, highlighting a growing niche in Europe’s ETF market.
At a glance
- Beat
- Filings
- Issuer
- First Trust Portfolios
- Region
- Europe
- Filed
- 13 July 2026
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