Subscribe

Eaton Vance’s NextShares gets its first custodian on board

FOLIOfn Investments said it plans to offer the exchange-traded managed funds when they start trading.

NextShares, the new fund structure from Eaton Vance Corp. designed to reduce the costs of active management, has won its first broker-dealer partner.
Two investing platforms managed by Foliofn Investments Inc. will offer the funds to financial advisers and other investors, the McLean, Va.-based cust

Subscribe or log in to read the rest of this content.

Related Topics: , , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Ken Fisher plans to step down as CEO of firm

Billionaire behind Fisher Investments has discussed his intentions for years, but succession plan isn't clear.

DoubleLine’s Jeff Gundlach plans new global bond fund

DoubleLine's Jeffrey Gundlach plans a new global bond fund just as a potential Fed hike could create new risks and opportunities for managers.

Massachusetts’ Galvin investigates fund pricing glitches

Massachusetts' top securities cop is investigating the failure of an accounting platform he said delayed correct pricing for billions of dollars in mutual funds and ETFs.

Voya restricts variable-annuity sales under regulatory pressure

In response to Finra's warning on suitability, the firm's affiliated brokers will no longer sell certain types of L share annuities, a move that puts the company in line with other B-Ds.

ETFs are the next frontier for liquid alternatives

Mutual funds have been the go-to wrapper for alternative strategies, but that's changing.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print