Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $1.5T-AUM Firm Adds Its 12th ETF Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 14, 2024

A $1.5T-AUM Firm Adds Its 12th ETF

Reported by Neil Anderson, Managing Editor

The team at a publicly traded banking titan's $1.5-trillion-AUM (as of December 31) asset management arm is rolling out their 12th ETF.

Last week, Tony Rochte, global head of ETFs at Morgan Stanley Investment Management (MSIM) [profile], unveiled the launch of the Eaton Vance Floating-Rate ETF (EVLN on the NYSE Arca). The fund is a series of Morgan Stanley ETF Trust, and the launch pushes up to 12 ETFs in total.

EVLN comes with an expense ratio of 60 basis points. The new ETF's inception date was February 6, and as of yesterday it had $20.98 million in AUM.

Morgan Stanley Investment Management Inc. will serve as EVLN's investment advisor. The new ETF's PM team includes executive director Brandon Matsui and three managing directors: Ralph Hinckley, Jake Lemle, and Andrew Sveen. The actively managed fund is designed to invest mostly in floating rate credit investments.

"A pioneer in senior loan investment management, the industry-leading team established its loan platform thirty-five years ago and today manages over $30 billion in client assets globally," Rochte states. "This strategy makes use of that deep loan market expertise and the in-demand ETF strcuture to meet the needs of a broader range of income clients."

Sveen describes EVLN as delivering the team's "longstanding approach to loan investing in a tradable format."

"The strategy combines our time-tested bottom-up approach with the additional tax benefits and intra-day liquidity that the ETF structure provides," Sveen states.

EVLN's other service providers include: Dechert LLP as counsel; Ernst & Young LLP as independent accounting firm; ACA's Foreside Fund Services, LLC as distributor and exclusive principal underwriter; and JPMorgan Chase Bank, N.A. as administrator, custodian, dividend disbursing agent, and transfer agent. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MMI webinar - Enhancing the Advisor Experience, January 16
  2. MFDF webinar - AI and Fund Compliance, January 21
  3. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22
  4. IDC webinar - SEC Enforcement Trends: What Fund Directors Should Know, January 23
  5. ICI webinar - Legal and Compliance Career Opportunities in the Asset Management Industry, January 24
  6. FSI OneVoice 2025, Jan 27-29
  7. MFDF 2025 Directors' Institute, Jan 27-29
  8. Nicsa webinar - An Intro to Irish and Luxembourg Investment Platforms for US Asset Managers, January 29
  9. WE South - Dallas | Texas Stock Exchange, Politics, & Product Development, January 30
  10. 2025 ICI Innovate, Feb 3-5
  11. Nicsa webinar - AI In Operations: Boosting Productivity for Wealth & Asset Management Firms, February 5
  12. MFDF In Focus: Understanding Distribution - What the Data Can Tell You, February 6
  13. MFDF Director Discussion Series - Open Forum, February 10
  14. MFDF Director Discussion Series - Open Forum, February 11
  15. MMI Darden-in-Residence II, Feb 24-6
  16. 2025 MMI RIA Forum, February 27
  17. IDC Core Responsibilities of Fund Directors, February 27
  18. Citywire Scottsdale CIO Summit 2025, Feb 27-28
  19. Expect Miracles In Manhattan 2025, February 27
  20. T3 Technology Conference 2025, Mar 3-6
  21. IMEA Distribution Intelligence Summit, Mar 4-5
  22. Nicsa 2025 Strategic Leadership Forum, Mar 5-7
  23. Citywire Pro Buyer New York Due Diligence Retreat 2025, Mar 6-7
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, Mar 6-7
  25. MFDF 15(c) White Paper Webinar Series: Part 3 - Gartenberg Factors Analysis and Challenges, March 12
  26. ICI Investment Management Conference, Mar 16-19




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use