AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), has unveiled an industry-first suite of ETFs providing gold exposure in different currency terms. Listed on the NYSE Arca and launched in partnership with Dennis Gartman, editor and publisher of The Gartman Letter, and Treesdale Partners, a New York-based registered investment advisor with expertise in managing currency/commodity-based investment products, the ETFs seek to provide positive returns by utilizing liquid, non-US dollar currencies to invest in the gold market.

AdvisorShares, a US-based sponsor of exchange-traded funds, has partnered with Sage Advisory Services, an Austin, Texas-based asset manager, to launch its latest actively managed ETF. The AdvisorShares Sage Core Reserves ETF (HOLD), which has been listed on the NYSE Arca, aims to preserve capital while maximizing income. It seeks to achieve this objective by investing in a broad range of fixed-income securities and US dollar denominated investment grade debt securities, with an average duration of less than one year.

AdvisorShares, a US-based sponsor of actively managed exchange-traded funds (ETFs), has announced that the AdvisorShares Peritus High Yield ETF (HYLD) has achieved a 5-Star Morningstar Rating for both its 3-year and overall risk-adjusted performances. The fund is managed by California-based Peritus Asset Management, a value-based active credit manager that specializes in fixed income opportunities in the corporate bond and loan market with a focus on the non-investment grade asset class.

Cambria Investment Management, a California-based investment adviser, has announced the launch of its third exchange-traded fund, the Cambria Foreign Shareholder Yield ETF (FYLD). Listed on the NYSE Arca, the fund is linked to the Cambria Foreign Shareholder Yield Index, an index consisting of 100 non-US developed market stocks offering a high shareholder yield.

ETF Issuer Solutions (ETFis), a New York-based financial technology firm, has introduced a comprehensive exchange-traded fund services platform designed specifically to build and operate ETFs in partnership with third-party investment managers. Founded by seasoned ETF professionals including William Smalley, Matthew Brown, both previously of FactorShares, and Brinton Frith, the firm has the operational infrastructure, regulatory permissions and product expertise to help external managers of all sizes build, list and manage white labelled ETFs.

ETF Securities has launched a service enabling third-party asset managers to launch white-label ETFs in Europe. Known as Canvas, the service provides a range of ETF-based solutions, including the ability to build ETFs using ETF Securities’ full infrastructure, set up a bespoke ETF platform, convert existing UCITS funds into ETFs or add an ETF share class. Matt Johnson, Head of Distribution EMEA, ETF Securities, said: “Canvas provides an easy and efficient way for them [third-party asset managers] to launch ETFs, relying on ETF Securities’ years of proven expertise and infrastructure.”

AdvisorShares, a US-based sponsor of actively managed exchange-traded funds (ETFs), has unveiled its latest collaborative effort: the AdvisorShares Athena International Bear ETF (HDGI) listed on the NYSE Arca. The fund, managed by AthenaInvest Advisors, seeks capital appreciation via a short-only international equity strategy and tactical overlay. AthenaInvest utilises a behavioural factor-driven investment process to determine potential short candidates based on pricing distortions created by emotional investors.

Cambria Investment Management has added to its exchange-traded fund line-up with the launch of the actively managed Cambria Shareholder Yield ETF (SYLD). The fund, which has been listed on the NYSE Arca, is composed of US stocks that have historically ranked among the highest in paying cash dividends, engaging in share buybacks and paying down debt – three factors collectively known as “shareholder yield.”

Stoxx, a leading index provider, has introduced the Euro Stoxx 50 BuyWrite 100% Index. The index measures the performance of a buy-write or covered-call strategy based on the Euro Stoxx 50 Index, the eurozone’s leading blue-chip equity index. The new index, which has been designed to underlie index-linked financial products such as exchange-traded funds (ETFs), represents a hypothetical portfolio of a long position in the Euro Stoxx 50 and a sold – or written – call option based on the same index.

AdvisorShares, a US-based sponsor of actively managed exchange-traded funds (ETFs), has teamed up with San Francisco-based Newfleet Asset Management to launch the AdvisorShares Newfleet Multi-Sector Income ETF (MINC). The fund’s objective, resembling that of the Pimco Enhanced Short Maturity Strategy ETF (MINT), is to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value due to changes in interest rates.