The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Harrison Street Asset Management (HSAM), a US firm with more than $108 billion in AuM, has launched an exchange-traded fund to capture returns from infrastructure companies – its first such ETF. 

The Harrison Street Infrastructure Active ETF, which started trading on Nasdaq last Friday, is designed to provide investors with exposure to listed infrastructure companies globally. HSAM’s private wealth division will run the fund. 

The ETF, called NFRX, will invest in infrastructure companies in the utilities, midstream energy, digital, and transportation sectors. Its portfolio managers include Robert Becker, chief investment strategist of HSPW; Hasan Goncu, managing director of HSPW; and Casey Frazier, chief investment officer of HSPW.

The firm, which is headquartered in Chicago, Toronto and London, has offices in North America, Europe, Asia and the Middle East.