Product & Service Launches

SEI Launches Actively Managed Factor Allocation ETF

SEI Investments Co. announced the launch of the SEI QiM U.S. Equity Factor Allocation ETF (SEUS), an actively managed exchange-traded fund that trades on the Nasdaq.

The ETF combines dynamic factor allocation, active stock selection and disciplined risk management within a diversified equity portfolio. It is intended to adapt as market conditions evolve, while maintaining exposure to historically rewarded factors.

The ETF is managed by SEI’s quantitative investment management team, which managed more than $30 billion in quantitative investment strategies as of March 31.

Voya Expands SinglepointAI Partnership

Voya Financial Inc. announced a new application programming interface integration with SinglepointAI Inc. that will add artificial-intelligence-enabled technology and data connectivity to the retirement plan onboarding process for third-party administrators. The integration will connect SinglepointAI and Voya’s digital onboarding platform to reduce manual processes, improve data accuracy and deliver a more streamlined onboarding, according to the announcement.

T. Rowe Price Debuts Actively Managed Crypto ETF

T. Rowe Price Group Inc. debuted the T. Rowe Price Active Crypto ETF (TKNZ), an actively managed, multi-token spot exchange-traded fund. It began trading on the NYSE Arca on July 16.

The ETF offers exposure to crypto assets such as Bitcoin, Ethereum, Binance, XRP, Solana and Hyperliquid. It is managed by Blue Macellari, T. Rowe Price’s head of digital asset strategy, who has more than 20 years of investment experience in alternative asset management, and four co-portfolio managers.