Entering a New ETF Era: Will Active Management be Adopted in the ETF Wrapper?
November 27, 2019 at 12:49 PM EST
By BNY Mellon November 2019 – Following the US Security and Exchange Commission’s (SEC) approval of Precidian’s ActiveShares™ model in May, proxy-based semi-transparent ETF structures have now been given notice of approval by the SEC. These new ETF structures could represent a world of new...