Subscribe

BNY Mellon files for first active ETFs

active-etfs

The three ESG-oriented equity funds will be sub-advised by Newton.

BNY Mellon Investment Management has registered three actively managed exchange-traded funds with the Securities and Exchange Commission. The three active ETFs all focus on meeting sustainability objectives.

The three — BNY Mellon Sustainable US Equity ETF, BNY Mellon Sustainable International Equity ETF and BNY Mellon Sustainable Global Emerging Markets ETF — are sub-advised by Newton, a leading equity and multi-asset manager with more than four decades of sustainable and responsible investing experience.

In its filing, BNY Mellon proposed that the registration become effective 75 days after filing.

[More: Can nontransparent ETFs save active management?]

Related Topics: , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Meet the fastest-growing financial firms

Who made it to America’s list of fast-growing employers? Find out in this report.

Bridging the generational divide in finance

With younger generations entering the arena, it’s vital to know how to connect with them.

Fiduciary commitment should be table stakes

Speed and nature of new DOL rule has left many in the insurance industry fuming, losing sight of the impact on ordinary investors

Cresset adds two J.P. Morgan teams overseeing $5B

The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.

Ascensus buying Vanguard small-business retirement offerings

The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print