ETF Week: PowerShares Rebranding; Launch Front Quiet
Plus, several unique filings in the spotlight this week.
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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]
