November 21, 2024
Jupiter and Swisscanto prep ETF launches
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Jupiter and Swisscanto prep ETF launches #NewsMarket

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Jupiter Asset Management and Swisscanto are preparing respective exchange traded fund launches, regulatory filings indicate.

UK-listed Jupiter is planning to launch an actively managed global government bond product, which would make it the latest in a growing number of asset managers to enter the European active ETF space.

It has registered the Jupiter Global Government Bond Active Ucits ETF with the Central Bank of Ireland, according to a legal entity register.

The fund will be part of HanETF’s white label Icav umbrella structure.

Jupiter confirmed that it was “exploring active ETFs as a way of broadening our appeal to clients”, but declined to comment further.

This article was previously published by Ignites Europe, a title owned by the FT Group.

In June, Mathias Müller, Frankfurt-based co-head of Jupiter’s client group, revealed that the asset manager was assessing whether to roll out active ETFs.

“We want to absolutely repack our strategies as other vehicles, such as active ETFs,” he told industry publication Fonds Professionell, adding that the structure would allow the firm to reach new “target audiences”.

Meanwhile Swisscanto has registered the Swisscanto (IE) ESGeneration ETF Icav with the Central Bank of Ireland, regulatory documents show.

The asset management arm of Swiss lender Zürcher Kantonalbank declined to comment.

Swisscanto does not currently manage any Ucits ETFs but offers a €14.6bn line-up of four Switzerland-domiciled exchange traded products investing in precious metals.

The ZKB Gold ETF alone has close to €12bn of assets under management.

The firm also offers a range of “responsible” index funds, covering Swiss, global and emerging markets equities, as well as Swiss and global corporate bonds.

Swisscanto developed its sustainable index fund range back in 2013 and has been “continuously adding new products to it ever since”, the firm’s website states.

*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com.