Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:RIA Plans To Launch ETF With Help of Chinese PE Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 25, 2013

RIA Plans To Launch ETF With Help of Chinese PE

News summary by MFWire's editors

VTL Associates, a Philadelphia registered investment advisor company which owns $9 billion in non-discretionary assets, is planning to launch an ETF company that will focus on the Chinese market, reported RIABiz

The RIA received $7 million from Suzhou Industrial Park Kaida Venture Capital in exchange for 22 percent of the RIA, MFWire reported in May.. Most of that money will be spent on the ETF arm of the company.

CEO Vince Lowry is pretty confident the plan will be a success:
The ETF trend is for real, so we made a pretty big bet on it,” said Lowry. His wager is that with new capital and a new marketing plan, the firm will be able to capture 10% to 20% of the $400 billion ETF market and become a global product — while still operating as an RIA.
To check out the full story, click here

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use