AdvisorShares to create actively managed bond ETF

clock •

AdvisorShares will create an actively managed ETF with a high yield bond focus, in partnership with Peritus Asset Management in the US.

Peritus, a value-based, active credit investment manager, has also agreed to develop all future ETFs with AdvisorShares. AdvisorShares CEO Noah Hamman says Peritus has an "outstanding" track record managing high yield investments and believes one important advantage of actively managed ETFs is to allow more investors to benefit from skilful advisers. Peritus Asset Management chief investment officer Tim Gramatovich says: "At Peritus, we take a value-based contrarian approach to the credit markets, foregoing relative value and new issue participation in favour of absolute returns." ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Author spotlight

Emma Dunkley

View profile
More from Emma Dunkley

Japan manager Varley quits RLAM

iShares unveils short-dated corporate bond ETF

More on ETFs

Partner Insight: Vanguard European ETF flows summary - August inflows fall
ETFs

Partner Insight: Vanguard European ETF flows summary - August inflows fall

Read Vanguard's latest monthly summary of flows in the European ETF market.

Vanguard
clock 02 October 2023 • 10 min read
Partner Insight: Vanguard - in times of volatility, low-cost index investing still shines
ETFs

Partner Insight: Vanguard - in times of volatility, low-cost index investing still shines

Our latest research shows that, for most investors, their best chance of maximising returns over the long term lies in minimising costs by investing in low-cost index funds and ETFs that track their market benchmarks

Stephen Lawrence - Head of Indexing Research, Vanguard Investment Strategy Group
clock 01 August 2023 • 6 min read
Industry Voice: The growth potential of climate change — is it worth the investment?
ETFs

Industry Voice: The growth potential of climate change — is it worth the investment?

Geopolitics has pushed the issue of energy security up the agenda over the past year, compounding an ever-growing consensus for the need to transition away from fossil fuels and towards renewables. Watch the video podcast to learn more.

Sarka Halas
Sarka Halas
clock 19 June 2023 • 2 min read