The headline-making M&A deals aren’t translating into blockbuster returns for ETFs in the segment.
Fund giant rolls out 3 actively managed fixed-income ETFs.
The ETF market gets its first comprehensive alternative investments strategy.
ProShares plans ETFs targeting dividends in developed and emerging markets.
Despite spate of big deals, ETFs based on mergers and acquisitions reamain flat.
ProShares rolled out a merger-arbitrage ETF in mid-December that tracks the S&P Merger Arbitrage Index; the benchmark seeks to capture the spread between the actual stock price of a company targeted for acquisition at the time of the deal’s announcement and the price the acquiring company has said it will pay.