AdvisorShares/Commerce Asset Management Form ETF Partnership

September 21, 2011

On September 16, 2011 AdvisorShares Investments, LLC announced a partnership with Commerce Asset Management to develop an actively managed Exchange Traded Fund.


On September 16, 2011 AdvisorShares Investments, LLC announced a partnership with Commerce Asset Management to develop an actively managed Exchange Traded Fund.  The ETF will utilize Markov Processes International’s Dynamic Style Analysis technology in an effort to outperform long/short equity hedge funds.  AdvisorShares, a provider of actively managed ETFs, currently offers ten active ETFs and has approximately $370 million in assets under management.  Commerce is a subsidiary of Consulting Services Group and provides alternative investment management services to institutional investors and high net worth families.

To read the press release, please click here.


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Investment Manager Strategic Investments, Transactions