“We're proud to add Nationwide Funds as a NextShares partner,” said Stephen W. Clarke, president of NextShares Solutions. “We're pleased to expand the distribution of NextShares to Nationwide Funds investors.”
Interactive Brokers Group, Inc., announced today the availability of Eaton Vance NextSharesTM exchange-traded managed funds through its investing and trading platforms on a no-transaction fee (NTF) basis.
Ivy Investment Management Company today introduced its first three Ivy NextShares as part of a planned lineup of NextShares exchange-traded managed funds. Ivy is among the first to offer the new structure.
Julie Cooling from RIA Channel, interviews Jonathan Isaac, Managing Director of Product Strategy at NextShares. Cooling and Isaac discuss the launch of one of the most innovative financial platforms of our time.
Eaton Vance signed an agreement with UBS Wealth Management to distribute NextShares through its financial advisor network. The distributor is the first wirehouse to accommodate the new investment wrapper on its platform.
Interactive Brokers Group said Thursday that it plans to offer NextShares exchange-traded managed funds to retail investors and financial pros through its platforms, making it the second distributor through which the products can be sold.
Ivy NextShares, managed by Ivy Investment Management Company, a subsidiary of Waddell & Reed Financial, Inc., has filed a registration statement with the Securities & Exchange Commission to register three Ivy NextShares exchange-traded managed funds (NextShares).
Eaton Vance Corp is to launch two additional NextShares exchange-traded managed funds, the Eaton Vance Global Income Builder NextShares (:EVGBC) and Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares (EVLMC).
Eaton Vance Corp. (NYSE: EV) announced that Stephen Clarke, President of NextShares Solutions LLC, is scheduled to speak at the Citi 2016 Asset Management and Broker Dealer Investor Conference on Thursday, March 3, 2016.
Eaton Vance’s plans to launch the first swath of NextShares this year may be off the table, but officials are hoping a successful 2016 debut will convince distributors and asset managers to set aside their reservations and make the products a priority.
Over the past several months, U.S. money managers traditionally associated with active portfolio management for both retail and institutional clients have made their exchange-traded fund aspirations more pronounced.
Asset managers are tripping over themselves to get into the U.S. exchange-traded funds and products space, according to a report released Thursday by ETFGI, a London-based research and consultancy firm.
Columbia Management Investment Advisers LLC, a Boston subsidiary of Ameriprise Financial Inc., is seeking permission from regulators to launch a version of exchange-traded managed funds, a new breed of fund planned by Eaton Vance Corp.
ALPS has entered into a preliminary agreement with Navigate Fund Solutions LLC (Navigate), a subsidiary of Eaton Vance Corp., to support the launch of a family of ALPS NextShares exchange-traded managed funds (ETMFs).
NextShares, the new fund structure from Eaton Vance Corp. designed to reduce the costs of active management, has won its first broker-dealer partner. Two investing platforms managed by Foliofn Investments Inc. will offer the funds to financial advisers and other investors.
ALPS, a DST Company providing products and services to the financial services industry, today announced it has entered into a preliminary agreement with Navigate Fund Solutions LLC, a subsidiary of Eaton Vance Corp., to support the launch of a family of ALPS NextShares™ exchange-traded managed funds.
Folio Investing and Folio Institutional, leading online brokerage services for individual investors, financial advisors, institutions and their clients, today announced plans to be the first broker-dealer to offer NextShares™ exchange-traded managed funds directly to individual investors, advisors and institutions.
Envestnet, Inc. today announced plans to make NextShares™ exchange-traded managed funds available to financial advisors through the Envestnet wealth management platform as part of its advisor-as-portfolio-manager tools as well as through Fund Strategist Portfolios (FSPs).
Tom Faust, CEO of Eaton Vance, is credited with launching NextShares, a new exchange-traded product that he hopes will help active money managers stem the tide of money flowing into cheaper index funds.
“When this [idea] came up it was apparent it could be a game-changer. NextShares have the potential to broadly improve the performance and tax efficiency of active fund strategies …” - Navigate CEO Stephen Clarke