Product & Service Launches 

Imagine360 Product Provides Employers with Healthcare Spend Transparency 

Integrated health plans provider Imagine360 launched a tool, Complete Care, it intends to allow employers full transparency into their health care claims and pharmacy costs.  

Complete Care’s offerings for businesses include having direct contracts with high-quality health systems and providers, reference-based pricing, financial support and third-party administrative services. It is expected to save employers 25% to 30% in overall health care expenses, according to Imagine360.  

“Complete Care sets a new industry standard, providing businesses with a comprehensive view of their healthcare spending,” said Jeff Bak, Imagine360’s president and CEO, in a statement. “It empowers employers to better understand what they’re being charged and identify opportunities to lower their expenses with the potential to save millions of dollars that can be reinvested in their workforce.”  

PGIM Expands Fixed-Income ETF Suite 

PGIM, Prudential Financial Inc.’s investment management business, launched three actively managed fixed-income exchange-traded funds: PGIM Corporate Bond 0-5 Year ETF (PCS); PGIM Corporate Bond 5-10 YEAR ETF (PCI); and PGIM Corporate Bond 10+ Year ETF (PCL). 

With these ETFs, PGIM seeks to provide total return through a combination of current income and capital appreciation with cost-effective access to investment-grade corporate bonds across the maturity spectrum.  

The launch of the ETFs expands PGIM’s ETF platform to include 13 fixed-income ETFs and more than 50 equity, multi-asset and buffer ETFs.  

This new advancement will allow private market assets to be managed alongside traditional investments within a single, tax-efficient custodial account. The move also erases previous operational challenges and offers advisers a streamlined way to deliver diversified portfolios.  

Tortoise Capital Launches AI Infrastructure ETF 

Investment firm Tortoise Capital Advisors LLC added to its lineup of ETF solutions with the Tortoise AI Infrastructure ETF (TCAI). Through the ETF, investors have access to an actively managed, energy-adjacent investment strategy. The portfolio management team takes a structured, risk-aware approach, a process the firm has used across multiple market cycles.  

“TCAI seeks to offer investors a comprehensive solution that taps into this AI theme,” said Rob Thummel, a Tortoise senior portfolio manager, in a statement. “Rather than focusing on software platforms or headline grabbing tech names already trading at elevated valuations, the fund invests in the companies that power the technology, all of which have strong cash flows, essential service models, and strategic relevance in the AI race.”  

Manulife John Hancock Investments Launches Active Value ETF  

Manulife John Hancock Investments launched John Hancock Disciplined Value Select ETF (JDVL), a concentrated U.S. value portfolio and the second actively managed ETF sub-advised by Boston Partners.  

The firm’s ETF suite now totals 17 funds with more than $7.5 billion in assets under management, with strategies that include U.S. and international equity, preferred income, mortgaged-back securities and corporate and municipal bonds. 

“The key difference with this launch—beyond the investment vehicle—is the ‘select’ aspect,” said David Cohen, a John Hancock portfolio manager, in a statement. “While John Hancock Disciplined Value Fund will typically hold 70 to 100 securities, John Hancock Disciplined Value Select ETF is a more concentrated portfolio of our highest-conviction ideas, typically around 35 to 40 names.” 

S&P Global Market Intelligence Adds iLevel Document Search 

S&P Global Market Intelligence launched iLevel Document Search, a search tool powered by artificial intelligence that will give private investment professionals the ability to extract information from documents using natural language queries. 

With this tool, users will now be able to query all documents stored within its library, including board decks, quarterly financials, annual financials and fund financials.  

The tool’s other features include annotations for traceability and permissions-based search results for confidentiality.