Alternative Investments/ESG: Emerge Canada Launches Five Sustainable ETFs Under Its EMPWR Program For Women-Led Managers
Emerge Canada’s EMPWR program is designed to support and highlight women-led investment managers while promoting sustainable investing.
Emerge Canada launched a new, proprietary EMPWR program that includes separate account strategies, mutual funds and exchange-traded funds available to investors in both Canada and the US. The program promotes sustainable investing while supporting women-led investment managers. (Yahoo Finance)
The ETFs, available in denominations of both CAD and USD, are detailed below:
The ETFs commence trading on the Neo Exchange on the dates shown against each.
The ETFs will be advised by women-run investment firms with good reputations in the investment sector, as follows:
· Emerge EMPWR Sustainable Dividend Equity ETF – Catherine Avery Investment Management LLC;
· Emerge EMPWR Sustainable Emerging Markets Equity ETF – Channing Global Advisors, LLC
· Emerge EMPWR Sustainable Select Growth Equity ETF – Grace Capital Corporation; and
· Emerge EMPWR Sustainable Global Core Equity ETF – Zevin Asset Management.
“It is no secret that female representation in the investment management industry is a fraction of what it can and should be,” says Lisa Langley, President & CEO of Emerge Capital Management. “We are launching EMPWR to support and advocate for female managers and to inspire new women portfolio managers to join the industry.”
Emerge would apply its stringent environmental, social and governance (ESG) criteria to the recommendations provided to it by the above women-led investment firms.
“The future of capital markets will likely be significantly influenced by global sustainability issues as the world transitions to a low carbon economy and experiences profound social changes,” adds Langley. “EMPWR’s platform will provide an investment process run by accomplished women that focuses on factors of sustainable innovation, and growth.”
Related Story: Truist To Fund $120M For Black, Latinx And Women-Owned Businesses
Latest Alternative Investment News
FinTech: Klarna’s All-In Efforts To Achieve Profitability Getting Traction
Swedish fintech company Klarna achieved a significant improvement in its financial performance during the first quarter, as it halved its net loss compared to the same period last year. The…
Alternative Investments/AI: Euclidean Technologies Launches ETF For AI-Selected Value Stocks
Seattle-based investment advisor Euclidean Technologies Management has launched its first exchange-traded fund (ETF), the Euclidean Fundamental Value ETF (ECML US). The actively managed US equity fund utilizes artificial intelligence (AI)…
Venture Capital: Matrix Partners Raises $550M For Its Fourth India Fund
Matrix Partners India, a venture capital firm focused on investments in India, has announced the closure of its latest fund, securing over $550 million in commitments. This new fund from…
Artificial Intelligence: AI Helps Researchers Find A Compound To Kill The Drug-Resistant A. baumannii Bacterium
Scientists at MIT and McMaster University have used artificial intelligence (AI) to identify a new antibiotic that can combat drug-resistant infections caused by Acinetobacter baumannii. The bacterium is commonly found…