Grail to go head-to-head with Pimco with short-term bond ETF
Firm teams with Western Asset Management to launch actively managed fixed-income fund
Grail Advisors LLC has partnered with Western Asset Management Co. to launch an actively managed short-term fixed income exchange-traded fund. The move puts the two companies in direct competition with fixed-income giant Pacific Investment Management Co. LLC.
The Grail Western Asset Enhanced Liquid
Learn more about reprints and licensing for this article.