The Janus Small Cap Growth Alpha ETF and the Janus Small/Mid Cap Growth Alpha ETF will be the first ETFs to launch since Janus’s purchase of VS Holdings, the parent company of VelocityShares, in November 2014.
“These products are intended to extract the science portion of Janus’s small-cap investment process and deliver it in a tax-efficient, transparent and low-cost ETF vehicle to meet the increasing client need for such products,” said Jonathan Coleman, portfolio manager of Janus Triton and Janus Venture Funds.
As of September 30, 2015, investment in Janus’s exchange-traded products had grown to $3.5 billion in assets across 17 different products.
Interactive Data Unveils Liquidity Indicators for Fixed-Income Traders
New York-based Interactive Data has launched a new service for fixed-income traders.
The Liquidity Indicators Service is designed to support firms’ liquidity-risk-management needs using Interactive Data’s fixed-income evaluated pricing and reference data content.
The indicators can be used to analyze a security’s liquidity and compare it with that of other securities in groupings by issuer, by sector or by asset class or against bonds with similar risk characteristics such as yield or duration. They include estimates of each security’s projected trade volume capacity, which can be used to estimate how long it will take to liquidate a position under various stress assumptions.
Schroder Introduces Two New Mutual Funds