Arrow Investment Advisors is seeking to unveil a new suite of exchange-traded funds (ETFs) that use alternative strategies, Investment News reports. The firm expects to launch the alternative ETFs and a few commodities-based exchange-traded notes by the end of 2011.
The firm has received exemptive relief from the Securities and Exchange Commission to launch its own passively managed ETFs. Arrow, which has $1.8 billion in assets under management, offers mutual funds and also sub-advises five ETFs for Alps Advisors.
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