Source enters market with range of ETFs and ETCs

Source, a new provider of exchange-traded products in Europe, has launched 13 ETFs and 22 ETCs. The range is the first series of products unveiled by Source and comprises ETFs based on DJ Euro Stoxx indices, FTSE indices, the MSCI World and MSCI indices tracking Europe, Japan, and the USA, as well as the Russell 2000 index. The series of 22 ETCs is based on S&P GSCI indices, covering a range of energy, agricultural, oil, metal and precious metal products. Source is an open architecture platform created by Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley, and is designed...