Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Multi-Boutique Makes Its First ETF Foray Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, July 9, 2015

A Multi-Boutique Makes Its First ETF Foray

Reported by Neil Anderson, Managing Editor

A Midwestern multi-boutique asset manager is diving into the ETF business and is broadening its marketing effort accordingly.

Gary Henson
Montage Investments
President, Chief Investment Officer
Last week Montage Investments [profile] affiliate Tortoise Holdings launched its first ETF, indeed the first ETF from any of Montage's boutiques. To do so, Tortoise Holdings launched Tortoise Index Solutions, a sister company to Tortoise Capital Advisors. Watch for the Montage team to help their other affiliates into the ETF space, too.

"We are in the process of working through some other index-like solutions through the ETF wrapper under several of the other boutiques," Gary Henson, president and chief investment officer of Leawood, Kansas-based Montage. (Tortoise is based in Leawood, too.) "They would use the Montage Managers Trust."

Henson says Montage will use the same distribution and marketing teams for the new ETF and for other passive products down the line. Yet he expects to do more "B2C" (business to consumer) marketing, in addition to the advisor-focused B2B marketing Montage already does. They've built out a website and are in talks to do some advertising in publications that Henson calls "traditional B2C media."

The new ETF is the Tortoise North American Pipeline Fund, which tracks Tortoise's own North American Pipeline Index. Tortoise Index Solutions also offers two other indexes: the Tortoise MLP Index and the Tortoise Oil & gas Producers Index. "This is our first passive launch," Henson says. "Our investors now have an active opportunity if they want it ... or they can go passive."

Tortoise manages closed-end funds as well as traditional open-end mutual funds and it had about $18 billion in AUM as of May 31. Montage's boutiques have a total of more than $25 billion in AUM. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - Lessons Learned from the Regional Bank Volatility and the Impact on Registered Funds, June 18
  2. IMEA webinar - Snapshot on the Talent Landscape, June 18
  3. 2024 MMI National Accounts Roundable, June 18
  4. MMI webinar - RIA Consolidators: The New Key Accounts?, June 20
  5. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20
  6. MMI webinar - DoL Fiduciary Rule Update: What Are the Implications?, June 21
  7. WE Chicago - Pre-Morningstar Conference reception, June 25
  8. Celebrating 100 Years of the Mutual Fund, June 25
  9. New York YPEM Cornhole Classic, June 25
  10. Morningstar Investment Conference Conference 2024, Jun 26-27
  11. 2024 MMI Institutional Roundtable, June 26
  12. WE PNW Seattle - Pickleball and Networking, June 27
  13. Celebrating 100 Years of the Mutual Fund, July 11
  14. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 16
  15. MFDF Director Discussion Series - Open Forum via Zoom, July 17
  16. MFDF Director Discussion Series - Open Forum (New York), July 23
  17. IMEA Portfolio Construction Roundtable, September 19
  18. MFDF Continuing Regulatory Impacts on Fund Boards program, October 15
  19. 2024 MMI Annual Conference, Oct 15-17
  20. IMEA Philanthropic Day, October 22
  21. IMEA Leadership Summit, October 23
  22. IMEA Star Awards Celebration, October 23
  23. IMEA Marketing Summit, October 24
  24. 5th Annual ETFGI Global ETFs Insight Summit, October 29
  25. MFDF Director Discussion Series - Open Forum (Denver), November 6
  26. MFDF webinar - Digital Assets in the Fund Space (part 2 of 2), November 7




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use