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Morgan Stanley files to offer its own ETFs

Morgan Stanley ETFs

Decades after coining the term 'exchange-traded fund,' the firm plans to offer four socially conscious funds under the Calvert label.

Almost three decades after coining the term “exchange-traded fund,” Morgan Stanley is finally set to enter the $6.9 trillion ETF arena with its own products. 

The James Gorman-led bank applied Tuesday for four socially conscious funds tracking U.S. and international equities, according t

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