ETF Week: PowerShares Rebranding; Launch Front Quiet
Plus, several unique filings in the spotlight this week.
This week was very quiet when it came to launches, with no new funds entering the market. However, there was some significant news: Invesco announced it would be abandoning the PowerShares brand name, and all its ETFs would simply carry the Invesco name. There were also some very interesting filings, with WisdomTree taking a page from Vanguard’s book on factors, and ProShares going all in on the “death of traditional retail” theme.
Below is a roundup of the key events in the ETF space during the week of April 23:
Filings
- WisdomTree plans actively managed multifactor international ETFs
- ProShares files for long-only, unleveraged online retail fund
- Goldman Sachs seeks to add a TIPS fund to its lineup
- Pacer filing outlines plans for seasonal sector rotation family
Other Key Events
- Invesco announced it will eliminate the PowerShares brand and all its ETFs will carry the Invesco name
Contact Heather Bell at [email protected]
