ETFs & Mutual Funds
Morgan Stanley Makes Historic ETF Comeback With Six New Funds
- Firm returns to industry after decades with ESG-tilted range
- Wall Street giant has $5.5 trillion in wealth, investment arms
Morgan Stanley headquarters in the Times Square neighborhood of New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Three decades after helping give birth to the ETF industry, Morgan Stanley is officially back in the game in what could be a milestone moment for the investing world.
Six new products from the James Gorman-led firm began trading Wednesday, offering socially conscious strategies that target US and international equities and fixed income. They’re set to be the first of many from the bank, as they form the basis of a new ETF platform in its investment management unit.