Equity markets have endured a choppy week as mixed economic data releases and looming eurozone debt woes continue to plague investors’ confidence. The much anticipated FOMC announcement failed to provide the jolt to stocks many had hoped for after the Fed issued a concerning economic outlook. Amidst the flurry of trading on Wall Street, Huntingon made the jump into the ETF industry with the launch of the EcoLogical Strategy ETF (HECO). ProShares is also planning to add active ETFs to its product lineup while Renaissance, another ETF newcomer, is making strides to enter the industry with an IPO ETF [see also Three ETF Charts That Sum Up 2012]. ProShares, the largest issuer of leveraged and inverse funds, has filed for exemptive relief, which would give the issuer permission to offer actively-managed ETFs [see SEC Filing]: ProShares Emerging Market Debt: The investment objective of this ETF will be to seek exposure to the [...] Click here to read the original article on ETFdb.com. Related Posts: Van Eck Launches Emerging Markets Junk Bond ETF (HYEM) Highlighting 10 Successful Active ETFs Not Named TRXT WisdomTree Launches Emerging Markets Corporate Bond ETF (EMCB) Bond ETFs For Every Objective International Bond ETF Guide: All the Options For Ex-U.S. Fixed Income Exposure
Equity markets have endured a choppy week as mixed economic data releases and looming eurozone debt woes continue to plague investors’ confidence. The much anticipated FOMC announcement failed to provide the jolt to stocks many had hoped for after the Fed issued a concerning economic outlook. Amidst the flurry of trading on Wall Street, Huntingon made the jump into the ETF industry with the launch of the EcoLogical Strategy ETF (HECO). ProShares is also planning to add active ETFs to its product lineup while Renaissance, another ETF newcomer, is making strides to enter the industry with an IPO ETF [see also Three ETF Charts That Sum Up 2012]. ProShares, the largest issuer of leveraged and inverse funds, has filed for exemptive relief, which would give the issuer permission to offer actively-managed ETFs [see SEC Filing]: ProShares Emerging Market Debt: The investment objective of this ETF will be to seek exposure to the [...]
Click here to read the original article on ETFdb.com.
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