Bringing you live news and features since 2006 

Columbia Threadneedle Investments licenses ActiveShares ETF structure


Columbia Threadneedle Investments is to license Precidian’s ActiveShares exchange traded fund methodology.

The Precidian model, subject to applicable regulatory approvals, would allow Columbia Threadneedle to deliver its actively-managed investment strategies in an ETF without disclosing the ETF’s portfolio holdings daily, as required of actively managed ETFs. Precidian is currently seeking approval from the Securities and Exchange Commission (SEC) for the use of ActiveShares by asset managers.
Dan Beckman, Head of US Product at Columbia Threadneedle, says: “We are committed to product innovation and delivering our best investment management thinking in a range of vehicles to meet client needs. ActiveShares is an innovative structure that has significant potential as a tax-efficient vehicle for our active investment strategies. We value the optionality this license agreement affords us as we develop and enhance our ETF suite.”
Columbia Threadneedle’s ETF suite consists of 12 funds, including both strategic beta and thematic beta offerings that span US and global equity, emerging market equity and fixed-income strategies. This line-up includes the recently launched Columbia Multi-Sector Municipal Income ETF (NYSE Arca: MUST), the industry’s first strategic beta municipal income ETF.
Columbia Threadneedle joins other leading asset managers in licensing Precidian’s intellectual property. Precidian’s ActiveShares structure seeks to combine the most beneficial aspects of the traditional mutual fund with the efficiencies and flexibilities of an ETF. The patented ETF structure seeks to provide asset managers with the ability to generate alpha without daily disclosure of their proprietary strategies while simultaneously creating significant improvements in tax efficiency, manager flexibility and lower operating costs. Investors also can enjoy significant benefits associated with intraday access to their money through transactions on regulated exchanges and simplified choice through a single share class.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
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