Bringing you live news and features since 2006 

American Beacon Advisors to launch NextShares exchange-traded managed funds


American Beacon Advisors is teaming up with Navigate Fund Solutions to launch a family of NextShares exchange-traded managed funds. 

American Beacon also announced that it has established the American Beacon NextShares Trust and filed an application with the US Securities and Exchange Commission seeking exemptive relief to permit the firm to offer NextShares. The application incorporates by reference the terms and conditions of the exemptive order granted to Eaton Vance Management and related parties on 2 December, 2014.

“We are excited to be the first outside licensee of this innovative product,” says Gene . Needles, Jr, President and Chief Executive Officer of American Beacon. “We’ve been in close contact with Navigate throughout the development of NextShares, and are pleased to partner with Navigate as we move forward with the approval process.”

NextShares are a new type of exchange-traded product designed to provide investors with potentially better performance and enhanced tax efficiency by leveraging the best features of actively managed mutual funds and exchange-traded funds (ETFs). Like active mutual funds, NextShares seek to outperform their benchmark index and peer funds based on their manager’s investment insights and research judgments. Like ETFs, NextShares will utilise an exchange-traded structure with built-in cost and tax advantages. Compared to actively managed ETFs, NextShares offer the potential benefits of protecting the confidentiality of fund trading information and providing trading cost transparency to fund investors. Learn more by visiting

“We are delighted to partner with American Beacon to support their development of a family of NextShares funds,” says Stephen W Clarke, President of Navigate. “Their commitment to investors is well demonstrated by their early embrace of this new fund structure with potentially significant shareholder benefits.”

Latest News

The August data from LSEG Lipper shows that the global ETF industry held USD10,547.4 billion in assets under management on..
HANetf has announced that their European Green Deal UCITS ETF (ticker: EUGD) has reached USD52 million (EUR49.9 million) in assets..
Legal & General Investment Management (LGIM) has announced the launch of the L&G Global Brands UCITS ETF. The firm writes..
Vienna Stock Exchange has launched three new thematic indices: CECE Reshoring, CECE Commodity Producers and CECE Clean Energy, writing that..

Related Articles

John Ciampaglia, Sprott Asset Management
Geo-political tensions and concerns about hitting clean energy targets have brought the focus back onto nuclear power in recent months,...
Nick King, Robeco
Europeam investment management giant Robeco has announced the appointment of Nick King as Head of Exchange Traded Funds (ETFs), in...
Kristof Gleich, Harbor Capital
Harbor Capital burst onto the ETF issuance world in 2021 and now has USD1.1 billion in assets in ETFs. But...
Europe’s thematic ETF provider, Rize ETF, has been acquired by ARK Invest LLC, the parent of ARK Investment Management LLC,...
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