Bringing you live news and features since 2006 

Bringing you news, views and analysis since 2013

Blue Tractor Group announces licensing agreement with Summit Global Investments

Semi-transparent providers Blue Tractor has announced that it has entered into a licensing agreement with Summit Global Investments, with the intention to launch a Shielded Alpha ETF later this year. 

Founded by Dave Harden, SGI is a USD2 billion, employee-owned, investment manager headquartered in Salt Lake City, UT.

Terry Norman, Founder of Blue Tractor Group, LLC, says: “We are delighted to be working with Dave Harden and the team at Summit. Our Shielded Alpha structure offers an innovative and effective solution for active managers looking to access the ETF market, while always protecting their proprietary investment approaches.”

SGI’s “Managed Risk Approach” is at the core of the firm’s philosophy, combining risk strategy, consistent returns, and fundamental downside analysis and protection for their clients’ assets. Their belief has evolved over decades of research and continuous analysis to determine the best blueprint for reducing risk, avoiding pitfalls and elevated idiosyncratic risks, and driving market returns.

Blue Tractor’s Shielded Alpha ETF structure is a “wrapper” that facilitates management of actively managed portfolio strategies within an ETF rather than in a traditional mutual fund or SMA. Offering investors the benefits of an ETF – lower trading costs, greater tax efficiency and intra-day trading liquidity – Blue Tractor’s proprietary structure safeguards an advisor’s active portfolio management and trading strategy.

“The Blue Tractor model will fit perfectly with our dynamic tactical strategies,” says Dave Harden, CEO of Summit Global Investments. “We are excited to partner with the entire team at Blue Tractor. Their unique semi-transparent offering provides our firm the ability to access the ETF market as an active manager and allows SGI to continue to be an innovative leader offering advantages to our clients.”
 

Latest News

ETF data providers ETFGI report that assets invested in the global ETFs industry extended its lead over the global hedge..
Never a dull moment for Cathie Wood, founder and CEO of ARK Invest. In 2020 she was the ETF darling enjoying..
New data from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK,..
New York based MacMillan Communications, a well-known provider of public relations services to the finance industry since 1996, which has..

Related Articles

Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Franklin Templeton, with global ETF AUM exceeding USD13 billion, launched its European ETF offering in 2017, and announced last year the hire of Lotfi Ladjemi as Senior ETF Sales Specialist...
Welcome to the 2023 ETF Express Global Outlook, in association with Qontigo’s STOXX index business, which garners the views of global ETF investors on likely trends for the coming year....
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