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IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today that it has assumed management of the Ionic Inflation Protection ETF (“CPII”) with Ionic Capital Management LLC (“Ionic”) continuing involvement in a sub-advisory role. Effective April 14, 2025, American Beacon will serve as the investment advisor and Ionic will serve as the sub-advisor to the newly adopt.
Hello! This week's ETF Wrap shines the light on some fund strategies that stood out for posting gains even as markets broadly sold off Wednesday on inflation fears.
Investors seeking momentum may have Ionic Inflation Protection ETF CPII on radar now. The fund recently hit a new 52-week high.
Federal Reserve Chair Jerome Powell emphasized the need for continued vigilance in the battle against inflation in a meeting in Jackson Hole.
During the July Fed meeting, a prevailing sentiment among the majority of Fed members centered on the presence of "significant upside risks" to inflation. This means more rate hikes could be in the cards.
The Federal Reserve's preferred inflation measure increased last month at its fastest clip since June.
Bank of America's chief economist Michael Hartnett recently predicted a "no landing" scenario in the first half of 2023.
Liquid alternatives resurfaced top of mind as a bright spot last year when both stocks and bonds struggled. Now, many advisors are understandably feeling like they missed the opportunity to carve out a portfolio of client portfolios to allocate to liquid alts ETFs.