Sterling Capital Launches Diverse Multi-Manager Active ETF

GQG Partners was selected as the U.S. large-cap growth strategy sub-advisor for Sterling Capital’s new Diverse Multi-Manager Active ETF . “The Sterling Capital Diverse Multi-Manager Active ETF combines the expertise of three asset management firms and increases access for individuals and institutions to invest using strategies from diverse-owned firms,” said Joseph M. Thompson, chief wealth officer at Truist Financial Corporation. Truist has committed $100 million in investment capital to DEIF to support its initial launch and to demonstrate Truist’s support of increasing opportunities for diverse-owned asset managers.”