Grail Advisors Files for Emerging Markets Fixed Income Active ETF

Michael Johnston submits:Grail Advisors, the San Francisco-based firm that burst onto the scene last year with the launch of the first true actively-managed equity ETF, just scored a major victory. The company announced this week that it has formed a strategic partnership with DoubleLine Capital LP, the firm founded last year by legendary investor Jeffrey Gundlach and his long-time colleague Philip Barach.

Shishir Nigam submits: State Street Global Advisors (SSgA), one of the largest providers of ETFs worldwide, has filed a registration statement with the SEC to bring to market six new actively-managed ETFs. The filing was made on April 1, along with the registration of the SSgA Active ETF Trust through which the actively-managed ETFs will be launched.

Shishir Nigam submits: BlackRock iShares, one of the key players in the ETF industry, which filed to launch actively-managed ETFs, has finally received exemptive relief from the SEC. According to the exemption granted, the application was initially filed in Nov 2008 and was subsequently amended in May 2009, June 2010 and Nov 2010.

Shishir Nigam submits: Date Launched: Aug 9, 2010 Investment Strategy:

Shishir Nigam submits: On November 9th, PIMCO filed a preliminary prospectus with the SEC for an actively-managed ETF called the PIMCO Global Advantage Inflation-Linked Bond Strategy Fund. PIMCO currently has 4 actively-managed ETFs on the market, all of which are bond ETFs.

Shishir Nigam submits: WisdomTree Investments has filed a preliminary prospectus for yet another actively-managed ETF as it builds on its successful Active ETF line-up. The latest filing is for a Global Real Return Fund will try to provide returns in excess of inflation over the long-term.

Shishir Nigam submits: The S&P 500 rose by 6.87% in July, as markets digested a slew of earnings reports from corporate in the US and also internationally. Uncertainty though continued to remain in the market, with concerns continuing to hover around in Europe. The results of the European bank stress tests did little to alleviate those concerns because of how “un-stressful” market participants saw those tests being.

Shishir Nigam submits: The actively-managed ETF space has continued to see interest from major asset managers in the United States, with Alliance Bernstein being the latest player to throw its hat into the ring. There are now 23 different US issuers that have filings with the SEC to launch actively-managed ETFs.