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...