Democracy Investments International Fund ETF assets under management doubled to $10.5 million on Jan 23, 2023, thanks to new minority firm owner Ed Rosenberg
SAN FRANCISCO, CA, USA, January 24, 2023 /EINPresswire.com/ -- Democracy Investments, advisor to the Democracy International Fund ETF (ticker DMCY), today announced that Edward Rosenberg will be a minority owner in the firm and thanks to his efforts, the Fund assets under management have doubled to $10.5 million.
“I look forward to helping build momentum in 2023 after the challenging markets and changing geopolitics over the last year. Their strategy is more timely now than ever,” stated Mr. Rosenberg. Democracy Investments continues to focus on their strategy of tilting toward the economic strengths of democracies and away from the turmoil of authoritarian states leveraging The Economist’s Democracy Index.
Ed began his career with 15 years at Vanguard where he directed ETF product development and launched 13 ETFs while managing relationships with index providers, exchanges, market making firms and authorized participants. His ETF strategy and platform expertise was further built at Northern Trust, Russell Investments, and most recently at American Century Investments where he developed a platform of 35 ETFs with $16B in AUM in less than five years.
“We are pleased to start the New Year with the doubling of our assets under management. Ed brings decades of ETF industry experience and we are excited to have him on board!” said CEO Julie Cane.