WBI ranks as number 1 in terms of active exchange traded fund (ETF) sales in the first four months of of 2015, with an asset raise of well over USD200 million.
In addition, the firm which launched less than a year ago, has passed iShares to move into the top five in total active ETF assets under management. WBI’s Tactical High Income ETF (WBIH) made the biggest jump last month moving up six spots into the Top 20 (No17) Largest Active ETFs by AUM.
“We are thrilled to have had such a strong start to the year,” says Matt Schreiber (pictured), President of WBI. “With the markets at all-time highs, investors are excited about our offering. Our ETFs give them the ability to participate in the upside, but WBI’s time-tested downside risk management is extremely attractive to folks worried about the next correction.”
WBI Shares ended April with USD1.45 billion in assets under management, a 45 per cent increase in assets since the firm’s late-August 2015 launch of 10 Active ETFs.