In the Margins

ETF of ETFs launches

April 21, 2017

By Reuters

A new exchange-traded fund launched this week that will let investors chase the growth potential of ETFs themselves. The ETF Industry Exposure & Financial Services ETF, managed by Exchange Traded Concepts LLC and Penserra Capital Management LLC, comes to market after a record $375 billion poured into the funds globally last year. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Regulatory
SEC finalizes fair valuation rule

The Securities and Exchange Commission on Thursday adopted a new rule on fund valuation practices, the first comprehensive update in 50 years. Rule 2a-5 will permit ...