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✉news BusinessBanking first seen 2 d ago, last 2 d ago, peak #34

Capital Group wins Irish approval for UCITS active ETFs

Original: Capital Group Receives Regulatory Approval From Central Bank Of Ireland For UCITS Active ETFS

Capital Group has received regulatory approval from the Central Bank of Ireland to launch UCITS active ETFs. The approval lets the US asset manager bring its actively managed ETF range to European investors under the UCITS framework. It marks a step in the firm's expansion of its ETF business outside the United States, though details on launch timing and products were not provided.

Why now: The Central Bank of Ireland's approval opens the fast-growing European active ETF market to one of the world's largest asset managers.

Capital GroupCentral Bank of Ireland

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