The Goldman Sachs Group has closed the acquisition of Innovator Capital Management, LLC, known for its defined outcome exchange-traded funds (ETFs), a step that should bolster the growth of the ETF business of Goldman Sachs Asset Management (GSAM), officials say. “By integrating Innovator’s approximately $31 billion in assets under supervision (AUS) across its suite of… Read More >>
ETF Shares to Use ‘BSKT’ Tool from Bloomberg
ETF Shares, an exchange-traded fund (ETF) issuer based in Sydney, Australia, is using an ETF creation and redemption tool, BSKT from Bloomberg, to support “more flexible and efficient” ETF baskets, officials say. ETF Shares designs its investment products to help Australian investors and financial advisers manage their own and their clients’ wealth. “Using BSKT will… Read More >>
Quoniam’s ETF Launch Bolstered via BBH-SimCorp Setup
Quoniam Asset Management, a systematic manager based in Frankfurt, Germany, has been implementing an integrated technology, data, and services solution via a collaboration between Brown Brothers Harriman Investor Services and SimCorp that is helping the firm with its build-out for an exchange-traded fund (ETF) launch. The solution is based on existing offerings — fund servicing… Read More >>
Fundsmith Taps SS&C to Support U.S. ETF Launch
Fundsmith is expanding its relationship with SS&C Technologies to bolster the launch of its exchange-traded fund (ETF) — the Fundsmith Equity ETF — in the U.S., officials say. “The ETF will seek long-term growth in value by investing in listed equities on a global basis. Fundsmith will use SS&C for fund administration, accounting, compliance, legal,… Read More >>
A.I. Analytics Firm Partners with ETF Data Provider
A.I. analytics provider for global financial markets, big xyt, is partnering with Trackinsight, a data provider for the exchange-traded funds (ETFs) sector, to offer market participants new insights into ETF transactions and investments across the globe, officials say. The partnership is intended to help firms navigate the global ETF market, which is “rapidly evolving, driven… Read More >>
More Asset Managers Will Offer ETFs: Q&A
(FTF News recently got time with Spencer Mindlin, an Aite Group analyst who focuses on capital markets, including exchange-traded funds (ETFs). For the Q&A, Mindlin tackles market structure and related issues. At the Performance Measurement Americas event, March 11-12 in New York, Mindlin will take part in the panel, “The New Burdens of ETFs.”) Q:… Read More >>
BlackRock & RBC GAM Take On Canadian ETF Market
In an alliance between a major exchange traded fund (ETF) provider and Canada’s largest asset manager, BlackRock Asset Management Canada Ltd. and RBC Global Asset Management are joining forces to offer what they’re calling the “most comprehensive ETF offering in the Canadian marketplace.” “The ETF families offered in Canada by BlackRock Canada and RBC GAM… Read More >>
