DoubleLine has entered into a licensing agreement with Precidian Investments, LLC. (Precidian) to use ActiveShares®, Precidian’s proprietary actively managed exchange-traded funds (ETFs) structure. The ActiveShares® methodology will allow DoubleLine to deliver actively managed investment strategies via ETF vehicles without disclosing holdings on a daily basis. “At DoubleLine, we continually review...
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First Manhattan Co. Announces Agreement With Precidian Investments, LLC
NEW YORK--(BUSINESS WIRE)--First Manhattan Co., an independently owned and operated investment advisory and wealth planning firm, today announced that it has entered into an agreement to license ActiveShares®, the proprietary actively managed exchanged-traded fund structure from Precidian Investments, LLC. The Precidian model enables a company to deliver actively managed investment...
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...
Precidian Paves the Way for Non-transparent Active ETFs
Since 2014, Precidian Investments has sought Securities and Exchange Commission (SEC) approval for a new kind of active exchange-traded fund (ETF) that does not disclose its daily holdings. No longer. Taken from: Brown Brothers Harriman's Exchange Thoughts ETF Newsletter by Shawn McNinch, Ryan Sullivan and Alison Flores. On May 20, the...