In the Margins
Columbia Threadneedle Investments has filed for exemptive relief from the Securities and Exchange Commission to launch a set of NextShares and index-based ETFs. The NextShares are a hybrid of mutual funds and ETFs that don't require managers to reveal their holdings as often as they do with ETFs. Eaton Vance developed NextShares; Columbia will be a licensee of the product. Read the original story from The Wall Street Journal.
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