Columbia Management Closes Purchase of Grail Advisors
At a special shareholder meeting on Friday, after shareholders had voted to approve a change in investment managers for all the ETFs formerly managed by Grail Advisors, ColumbiaManagement Investment Advisors, closed its acquisition of Grail effective at the close of business that day.
Grail Launches Active ETF
Actively managed ETFs have yet to gain the same type of traction as index-based ETFs but that hasn't stopped product providers from launching new funds. The...
Grail Advisors Launches First Active Multi-Manager ETF
Grail Advisors announced May 7 that trading of the new Grail American Beacon Large Cap Value ETF has begun on the New York Stock Exchange under the symbol GVT.