Morgan Stanley Investment Management, a firm with $1.4 trillion in assets, has introduced five new exchange-traded funds (ETFs) on NYSE Arca. This expansion aligns with industry trends and growing client demand for active management expertise from Eaton Vance and Parametric. The new offerings comprise both equity and fixed-income products.
- Parametric Equity Income ETF (PAPI) aims to provide both income and capital appreciation while offering downside protection.
- Parametric Hedged Equity ETF (PHEQ) seeks to achieve income and capital appreciation with a focus on protecting against downturns.