ETF managed portfolios are investment strategies that have over 50% of portfolio assets invested in ETFs. The portfolios are available as separate accounts. Money managers have been packaging customized portfolios of ETFs into broader investment strategies to meet changing investor and advisor needs.
“The ETF managed portfolio space has been on a strong growth trajectory in recent years,” Gogerty said. “Within this universe, Newfound stands out among the rest with a unique culture, a focus on investment excellence, radical transparency of its thought leadership and a true track record for innovation. Newfound has already had a material impact in this space, and I’m excited to join a firm that has the expertise and vision to change the way advisors and key decision makers help investors succeed.”
For more information on the ETF industry, visit our current affairs category.