SocGen Unveils Actively Managed Trackers

Societe Generale has launched a set of Actively Managed Trackers on the London Stock Exchange.

Societe Generale has launched a set of Actively Managed Trackers (AMT) on the London Stock Exchange, ETF Express reports. The bank will now be able to provide asset managers the opportunity to deliver an actively-managed, diversified portfolio in a transparent exchange-traded product with a low management cost. AMT aims to mirror the performance of a selection of underlying assets. The first product, launched at the beginning of February 2011, permitted Parkstone Asset Management to assign between four different asset classes, U.K. equities through the FTSE Total Return index, a Commodity Lyxor ETF, a GILT Lyxor ETF and cash.

Click here for the story from ETF Express.