Asset managers are increasingly focusing on advisor preferences when designing products, according to a Cerulli study. PGIM is the latest fund manager to seek approval to offer an ETF share class on existing mutual funds. These are among the...
The asset class continues to gain momentum, marking the sixth consecutive quarter of growth.
The first fund launching within the suite is the Calamos S&P 500 Structured Alt Protection ETF, which aims to match the price return of the SPDR S&P 500 ETF Trust up to a cap of 9.65%.
These funds saw the most activity over the past 30 days.