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Article: Grail Advisors Starts 4 Active ETFs.(Wealth Management)(exchange traded funds services introduced)(Brief article)
- Article from:
- American Banker
- Article date:
- October 5, 2009
- Author:
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Matt Ackermann
Grail Advisors of San Francisco has launched four actively managed exchange-traded funds.
The company introduced Friday the RP Growth ETF, the RP Focused Large Cap Growth ETF, the RP Technology ETF and the RP Financials ETF. The funds will trade on the New York Stock Exchange.
These are among the first single-manager ETFs in the equity space using traditional active management. RiverPark Advisors LLC of New York will serve as the ...