Invesco chases next-gen FAANG stocks with new ETF launch

The fund manager launches a new UCITS exchange-traded fund in Europe aiming to provide access to the 101st to the 200th largest securities listed on Nasdaq. It also launches a synthetically replicated version of an existing ETF tracking the largest 100 companies.

Fredrik Nilsson, Invesco's head of Nordic ETF business development | Photo: PR / INVESCO

Fund manager Invesco is launching a new US-focused exchange-traded fund on the European market.

The Invesco Nasdaq Next Generation 100 UCITS ETF aims to target the "next generation of innovative companies". That means the companies investors can access are the 101st to the 200th largest stocks listed on Nasdaq, according to a company statement.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch