First Manhattan Selects Ultimus To Assist In Active ETF Launch

First Manhattan Co. has just announced Ultimus Fund Solutions as their partner to assist in the future launch of the companies first actively managed ETF. The announcement comes after the recent launch of the FMC Excelsior Focus Equity ETF (FMCX), First Manhattan’s debut fund. Ultimus is a leading provider of full-service enhanced fund administration, accounting, and investing solutions.

ETF Newz Says:

The partnership between the two will combine First Manhattan’s research intensive approach with Ultimus’ enhanced administration.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

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