FYI: Columbia Threadneedle Investments today announced that it has entered into an agreement with Precidian Investments LLC (“Precidian”) to license Precidian’s ActiveShares℠ methodology.
The Precidian model, subject to applicable regulatory approvals, would allow Columbia Threadneedle to deliver its actively-managed investment strategies in an ETF without disclosing the ETF’s portfolio holdings daily, as required of actively managed ETFs. Precidian is currently seeking approval from the Securities and Exchange Commission (SEC) for the use of ActiveShares by asset managers.
Regards,
Ted
https://www.businesswire.com/news/home/20181015005680/en/Columbia-Threadneedle-Investments-Licenses-ActiveShares℠-Exchange-Traded-Fund
