Bringing you live news and features since 2006 

Astor surpasses USD1bn AuM

RELATED TOPICS​

Knight Capital Group subsidiary Astor Asset Management has surpassed USD1 billion in assets under management. Astor specialises in constructing portfolios by investing in exchange-traded funds based on a macroeconomic approach.

Astor’s actively managed portfolio of ETFs are designed with the goal of protecting and growing capital over time at an attractive absolute compounded return, without the performance fees and lock-up periods of hedge funds. These portfolios of ETFs are offered through financial advisors within separately managed accounts and through a mutual fund, the Astor Long/Short ETF Fund (I Share: ASTIX; R Share: ASTRX; C Share: ASTZX).

"Astor’s steady asset growth reflects advisor and investor recognition for our approach to long-term capital appreciation across market cycles," says Robert N Stein (pictured), Astor’s founder and Senior Managing Director and Head of Global Asset Management at Knight. "I believe that this milestone is a testament to the strength of our investment philosophy and the talent of the Astor team."

Astor is among the top money managers by ETF assets under management according to a third party industry report, and a top investor in certain ETFs, according SEC filings. Astor is preparing to launch two new mutual funds based on investment strategies utilised in its separately managed accounts, including Style Preferred Growth and Active Income. Astor recently gained access to additional distribution platforms and is available through most national broker-dealer networks.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by