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Rating:Dreyfus Catches Active ETF Fever Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 25, 2010

Dreyfus Catches Active ETF Fever

News summary by MFWire's editors

Dreyfus is about to get into the active ETF business. Earlier this month the BNY Mellon subsidiary filed with the SEC to create an unspecified number of actively-managed ETFs within a brand new Dreyfus ETF Trust. Beyond noting that Dreyfus may use sub-advisors (perhaps other BNY Mellon managers), the ETFs themselves are not described.

The MFWire could not immediately reach a Dreyfus spokesperson for further comment on the move.

Dreyfus is no ETF neophyte. In 2008 it partnered with fundamental indexer WisdomTree to launch five currency income ETFs. 

Edited by: Neil Anderson, Managing Editor


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