Bringing you live news and features since 2006 

Compass EMP Funds completes private equity offering

RELATED TOPICS​

Compass EMP Funds has closed a private equity offering to secure growth capital. The offering was fully subscribed and proceeds will be used to accelerate the nationwide marketing and distribution of the Compass EMP Mutual Funds to financial advisors and their broker-dealer platforms.

"We are excited to partner with this collection of private investors who believe in our vision and wish to participate in our continued growth," says Rob Walker, president of Compass EMP Funds. "Financial advisors are seeking new strategies for their clients in these volatile markets.  By making our mutual funds available more broadly, we hope to be part of that solution."

Compass EMP Funds manages a family of three open-end mutual funds that have brought investing in alternative asset classes to mainstream investors at a low minimum investment. Alternative asset classes (which exclude traditional securities like domestic stocks and bonds) can serve as a hedging strategy because they tend to react to market conditions differently than traditional investments.  Access to these strategies has typically only been available to large, institutions and high net worth investors.

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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