In the Margins

Nomura halts ETF creation on liquidity worries

October 16, 2015

By The Wall Street Journal

Nomura Asset Management said it would suspend the creation of new shares in its Next Funds Nikkei 225 Leveraged Index Exchange-Traded Fund, as well as two other ETFs, because of concerns about liquidity. The decision highlights larger concerns about the mismatch between the liquidity of some ETFs and their holdings. Read the original story from The Wall Street Journal

 

 

Most Read

Top of the Agenda - Governance
Fund industry 'pioneer' Dorothy Berry dies

Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...

Top of the Agenda - Succession
Donohue joins two BNY Mellon Funds board groups

Andrew "Buddy" Donohue has joined two of the five BNY Mellon (formerly Dreyfus) mutual fund board groups led by long-serving independent Chairman Joseph DiMartino. Donohue resigned ...