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Names Rule amendments could have a particular impact on thematic ETFs, analysts say
Fund manager makes cost changes to more than $137bn in ETFs and mutual funds
The four funds bled a combined $2bn during the 12 months ended November 30
The ETFs will swap existing Bloomberg indices for ones provided by Intercontinental Exchange
Rob Sharps said the manager would also expand its fixed-income suite with a range of active transparent ETFs
Hundreds of clients held the product for longer than they should have with some investors losing 75% of their assets
Complex transitions mean managers have to think every single detail through
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