A Bedminister, New Jersey-based firm is setting its sights on the exchange-traded fund market. Next ETFs LLC
yesterday filed an application for exemptive relief with the SEC.
Next ETFs, a subsidiary of Next Investments, is planning to launch an ETF based on the Nikkei 225 Index. Through a deal with Mitsubishi UFJ Asset Management, Next ETFs has an exclusive license to set up the only US Nikkei 225 ETF.
Stay ahead of the news ... Sign up for our email alerts now