Bringing you live news and features since 2006 

Morgan Stanley Investment Management launches ETF Platform

RELATED TOPICS​

Morgan Stanley Investment Management has announced the launch of an ETF platform with the listing of six Calvert ETFs on NYSE Arca. 

The ETF product suite features Calvert Research and Management’s approach to responsible investing and offers investors access to four indexed Environmental Social Governance (“ESG”) strategies and two active ESG strategies across a range of asset classes.

“The launch of MSIM’s ETF platform builds on our world class investment capabilities with a diverse set of investment vehicles that aim to provide strategic value for our clients,” says Dan Simkowitz, Head of Morgan Stanley Investment Management. “This launch is the first step in MSIM’s development of a robust ETF platform that supports products across our businesses, asset classes, jurisdictions, and brands.”

MSIM’s ETF platform is designed to draw on the firm’s comprehensive product offering and client-focused approach, and the initial ETFs will capitalise on an integrated process that combines a principled approach, active engagement, and deep ESG research. The six new ETFs advised by MSIM include:

• Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI)

• Calvert Ultra-Short Investment Grade ETF (CVSB)

• Calvert US Large-Cap Core Responsible Index ETF (CVLC)

• Calvert International Responsible Index ETF (CVIE)

• Calvert US-Mid Cap Core Responsible Index ETF (CVMC)

• Calvert US Select Equity ETF (CVSE)

“Throughout Calvert’s forty-year history, its commitment to responsible investing and approach to stewardship has been the foundation of its comprehensive offerings for investors,” says Ted Eliopoulos, CEO and President of Calvert Research and Management. “These new ETFs will resonate strongly with investors who seek competitive investment results while promoting positive change and supporting companies that are leaders in improving long-term shareholder value and societal outcomes.”

The Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) offers investors diversified exposure to US companies that Calvert believes are successful at managing Diversity, Equity and Inclusion (“DEI”) issues. In further support of Morgan Stanley’s commitment to DEI, MSIM has committed to make an annual contribution to DEI initiatives or DEI-focused organizations in an amount equal to 0.02 per cent of CDEI’s net annualised assets under management.

The active equity ETF (CVSE) will focus on US large-cap companies that Calvert believes are addressing global environmental or societal challenges, or are leaders in managing financially material environmental or social factors.

The active fixed income product (CVSB) will focus on investment grade debt issuers and the three index equity ETFs offer exposure to either U.S. large companies (CVLC), U.S. mid-cap companies (CVMC), or international companies (CVIE).

All six ETFs seek to invest in companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment, a framework for considering ESG factors.

“We are excited to introduce MSIM’s comprehensive investment capabilities in an ETF structure with this Calvert product suite,” says Anthony Rochte, Global Head of ETFs at MSIM. “Investors require a range of different product structures within a portfolio to help meet their distinct investment objectives, and ETFs can provide specific advantages including tax efficiency, transparency, value and trading flexibility. We look forward to continuing to strengthen our offering for clients with active and systematic strategies that build on MSIM’s global expertise.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

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