Welcome to our dedicated page for First Trust Merger Arbitrage ETF news (Ticker: MARB), a resource for investors and traders seeking the latest updates and insights on First Trust Merger Arbitrage ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Trust Merger Arbitrage ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Trust Merger Arbitrage ETF's position in the market.
On November 5, 2021, shareholders of First Trust Merger Arbitrage ETF (NYSE Arca: MARB) approved a new investment sub-advisory agreement with First Trust Capital Management L.P. (FTCM). This agreement follows the creation of a joint venture between Vivaldi Holdings and First Trust Capital Partners, which resulted in Vivaldi Asset Management transitioning to FTCM. As investment sub-advisor, FTCM is tasked with managing the Fund's portfolio, while First Trust Advisors L.P. continues its role as the main investment advisor.
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