The big news in terms of launches this week is T Rowe Price’s entry into the ETF space with the launch of four semi-transparent, active funds that largely mirror existing mutual fund offerings. The week’s other notable newcomers include a Connected Consumer fund from Direxion based on a Solactive index, a junior biotech ETF from Defiance ETFs, plus thee new iShares bond ETFs.
US asset management giant T Rowe Price enters semi-transparent active ETF sector
Direxion launches Connected Consumer ETF tracking Solactive Index
State Street Global Advisors launches SPDR STOXX Global Low Volatility UCITS ETF
Defiance ETFs launches junior biotech ETF
HSBC GAM launches HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF
BlackRock launches three new iShares bond ETFs on Xetra
CornerCap Investment Counsel launches Fundametrics Large Cap ETF
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