GAMCO Investors to Offer Gabelli Financial Services Opportunities ETF (GABF)

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) will launch Gabelli Financial Services Opportunities ETF (NYSE: GABF), on or around May 10, 2022. GAMCO will offer a “loyalty” program under which the first $25 million of the Fund’s assets under management will incur no fees and expenses. GABF’s investment objective...

First Manhattan Co. Launches Inaugural Actively Managed ETF – FMC Excelsior Focus Equity ETF (Ticker: FMCX)

FMCX Seeks to Comprise a High-Conviction Portfolio from a Firm with Decades-Long Investing Experience FMCX’s Strategy Mirrors First Manhattan’s Fundamentals-Based, Research-Intensive Approach Across Sectors First Manhattan Pursues Impactful Engagement with Management Teams on Long-Term Strategy, Growth, and Governance NEW YORK - (BUSINESS WIRE) - First Manhattan Co. (“First Manhattan”), an...

DoubleLine Launches Its Own ETFs

DoubleLine Capital, an investment manager with $134 billion in assets under management founded by Jeffrey Gundlach, entered the ETF space today with two very different actively managed funds, the DoubleLine Shiller CAPE U.S. Equities ETF (DCPE) and the DoubleLine Opportunistic Bond ETF (DBND). The former comes with an expense ratio...

SEC’s Precidian Ruling is a Game Changer for Active ETF Space

With the Securities and Exchange Commission (SEC) pushing forward with non-transparent exchange traded funds, more money managers may enter the ETF space with their own active strategies without worrying about others stealing their secret sauce. “What it means for us is we can bring out strategies – true alpha generating...

ETFs Evolve, Yet Again

Almost 30 years have passed since the birth of ETFs and many milestones have been reached along the way. The latest helps to address the long-awaited needs of confidential active management.  By: Reginald M. Browne, Principal, GTS   On March 9, 2020, the global ETF industry will celebrate its 30th...