Bringing you live news and features since 2006 

OppenheimerFunds expands HNW offering with SteelPath-focused MLP


OppenheimerFunds has expanded its institutional and high net worth (HNW) solutions offerings with broadened distribution capabilities for its SteelPath Focused MLP Strategy.

Launched in 2004 and currently offered as a separately managed account and model portfolio delivery, the strategy seeks to provide institutional and HNW investors and advisors with a dedicated midstream energy portfolio that offers the potential to provide long-term capital appreciation through distribution growth and an attractive level of current income. Stuart Cartner (pictured), and Brian Watson, CFA, manage the fund.
“With institutional and HNW client interest in the MLP market continuing to grow in tandem with increased demand for more customised investment products overall, we are excited about the potential impact that our Focused MLP Strategy can bring to this critical client segment,” says Cartner.
OFI SteelPath, an innovator in developing midstream energy investment products, launched the first open-end MLP mutual fund in the market in 2010. Energy infrastructure assets include pipelines, tanks, rail cars, ships, terminals, and storage facilities characterised by their strategic importance within the energy value chain and largely fee-based revenues.

Latest News

CoinShares writes that digital asset investment products saw inflows for the third consecutive week totalling USD1.05 billion, with cumulative flows..
The New York Stock Exchange, part of Intercontinental Exchange, Inc, has announced it is collaborating with CoinDesk Indices to launch..
ETP provider GraniteShares has announced it has surpassed USD5 billion in assets under management (AUM), reaching USD5.199 billion...
News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
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...
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