Ten Cap will launch its first active ETF on the ASX, to be available to investors from November 24. The ETF will be based on the firm's existing Alpha Plus Fund, a long-short equity only strategy in Australia. Ten Cap co-founder and lead portfolio manager Jun Bei Liu said it will broaden the access of the strategy from institutional and advised clients to include retail investors. "We want all types of investors to gain access to our strategy and benefit from the returns that we have been generating for our existing investors for over two decades," she said. The ETF will trade on the ASX exchange under the doe TCAP.
