A press release entitled, "Grail Advisors add Western Asset Management to Growing List of Strategic Partners," says, "Grail Advisors, an innovator in the development and distribution of actively-managed exchange traded funds (ETFs), today announced the firm has formed a strategic partnership with Western Asset Management Company. Grail Advisors has filed registration for an actively-managed ETF -- the Grail Western Asset Enhanced Liquidity ETF -- that will employ Western Asset's management capabilities in the short-term fixed income space. With more than $478 billion in assets under management as of March 31, 2010, Western Asset is recognized as one of the industry's largest fixed income managers. The Pasadena, California-based firm is affiliated with Legg Mason Global Asset Management." William Thomas, CEO of Grail Advisors LLC, says, "This partnership with Western Asset Management Company represents an important addition for us as we work to bring active fund managers and strategies to the ETF marketplace. Having a manager of their caliber on board adds meaningful potential to our entire actively managed ETF lineup." In other news, the replay of Monday's "Open Meeting of the SEC Investor Advisory Committee" has now been posted on the SEC's site (click on "Afternoon" to see the money fund portion).

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September