Press release
SS&C ALPS Advisors Expands Capabilities into Semi-Transparent ETFs
Blue Tractor and GSI Capital Advisors partnership will support expansion WINDSOR, Conn. and DENVER, Oct. 8, 2020 /PRNewswire/ -- SS&C Technologies Holdings,
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"Blue Tractor and GSI Capital Advisors partnership will support expansion\n\n\nWINDSOR, Conn. and DENVER, Oct. 8, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that ALPS Advisors, Inc. has partnered with Blue Tractor Group and GSI Capital Advisors to expand its business into semi-transparent ETFs. SS&C ALPS has filed a short form exemptive relief application with the Securities and Exchange Commission (SEC) to offer semi-transparent ETFs powered by Blue Tractor's Shielded Alpha℠ Semi-Transparent ETF Structure.\n\"We are committed to delivering strategies to improve investment outcomes for our clients,\" said Laton Spahr*, President of SS&C ALPS Advisors. \"The ability to customize investment product structures defines the future of active management. Our new relationships with Blue Tractor and GSI Capital Advisors are key strategic components as we expand our solutions for innovative, alpha-generating boutiques.\" \nBlue Tractor's Shielded Alpha ETF structure is a wrapper that facilitates the management of actively managed portfolio strategies within an ETF rather than a traditional mutual fund. Along with the benefits of an ETF — including potentially lower trading costs1, greater tax efficiency2 and intra-day trading liquidity3— Blue Tractor's proprietary structure is designed to safeguard an advisor's active portfolio management and trading strategy.\n\"SS&C ALPS Advisors has led the industry by making new and innovative products available to investors,\" said Terry Norman, founder of Blue Tractor Group, LLC. \"We're thrilled to be working with them, helping to support the introduction of these active portfolio strategies to their clients in a way that benefits both asset managers and investors.\"\n\"GSI Capital Advisors is excited to be partnering with SS&C ALPS Advisors and Blue Tractor to develop a new and innovative investment product that allows small and large investors access to some of the industry's most successful investment managers and our proprietary investment strategy,\" said Craig Leupold, CEO of GSI Capital Advisors. \nFor more information, please visit www.alpsfunds.com. \n1Ordinary brokerage fees apply.2Please consult your tax advisor for further assistance. 3Liquidity refers to how quickly an asset can be bought or sold in the market. \n*Registered Representative of AL...