BMO GAM kicks off passive push with new ETF range

Nine new ETFs in Europe

BMO Global Asset Management has launched its first range of ETFs in Europe, following the hire of former iShares managing director Marc Knowles earlier this year.

The group has launched a range of nine ETFs designed for UK and European investors.  The UCITS range includes three global corporate bond ETFs, one high yield ETF and five equity ETFs focused on generating income returns. The bond ETFs offer a range of specific global corporate bond maturity bands which allow investors to position their portfolios more precisely on the yield curve. The equity ETFs will be known as an Income Leaders range, which aims to select leading companies with long-term sustainable business models and clear competitive advantages.  Investment Week reported ...