Redwood gets active

Toronto-based Redwood Asset Management Inc., acquired by Purpose Investment Inc. in July 2016, will launch four new actively managed ETFs on the Aequitas NEO exchange. The four new ETFs are: Redwood Floating Rate Preferred Fund, Redwood U.S. Preferred Share Fund, Redwood Emerging Markets Dividend Fund and Redwood Unconstrained Bond Fund. These funds are expected to launch in the first half of 2017.

(fcollie@investmentexecutive.com).