Boston-based Natixis Asset Management Advisors is looking to set up index-based and actively managed ETFs in the U.S., Index Universe reports. The affiliate of French asset management firm Natixis Global Asset Management has applied for exemptive relief from the Securities and Exchange Commission to market its funds. The initial index-based funds will be domestic funds based on the Ossiam U.S. Minimum Variance Net Return Index. The firm is also seeking relief to launch actively managed ETFs similar to that granted to companies, such as AdvisorShares and Invesco PowerShares.
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