Separate Account Provider First Manhattan Launches Inaugural Active ETF: FMCX

First Manhattan Co. today launched its inaugural ETF, the FMC Excelsior Focus Equity ETF (FMCX). FMCX, listed on the NYSE on April 25, is an semi-transparent actively managed ETF that invests in First Manhattan’s highest-conviction ideas driven by its fundamentals-based research. The fund will...