Product & Service Launches – 5/21/2026

Vanguard Launches Dynamic Active-Passive Series for Advisers

Vanguard Inc. announced the launch of the Dynamic Active-Passive Model Portfolio series, a collection of model portfolios for advisers that combines elements of active and passive investment management.

The models are supported by a dynamic asset allocation framework that is adjusted throughout the year. The allocations are recalibrated through a systematic process that integrates Vanguard’s economic and market views and capital market assumptions, leveraging insights from the Vanguard Capital Markets Model and the Vanguard Asset Allocation Model.

The active-passive approach is available in seven different risk sleeves, ranging from most conservative (100% fixed income) to most aggressive (100% equities). The sleeves can be used as stand-alone products or to complement other portfolio holdings.

Polen Capital Launches 2 Growth Equity ETFs

Global investment management firm Polen Capital Management LLC announced the launch of two growth equity exchange-traded funds: the Polen 5Perspectives Large Growth ETF and the Polen 5Perspectives Small-Mid Growth ETF. The funds’ tickers are PCLC and PCSG, respectively, and they are available for trading on the New York Stock Exchange ARCA.

PCLC seeks long-term capital appreciation through a portfolio of large-cap growth companies supported by open-ended thematic tailwinds, according to the announcement. PCSG also seeks long-term capital appreciation, but does so by investing primarily in emerging small- and mid-cap growth companies experiencing inflections in their earnings powers.

Both ETFs will be managed by Drew Cupps, a portfolio manager and head of Polen’s 5Perspectives growth team.

AllianceBernstein, Brookfield, Carlyle Launch Private Markets Offering for DC Plans

AllianceBernstein Holding L.P., Brookfield Asset Management Ltd. and the Carlyle Group Inc. unveiled ABC [One], a private markets solution for defined contribution retirement plans. Designed to be implemented alongside an existing target-date fund or managed-account solution, ABC [ONE] is intended to be a single source of private-markets exposure for a DC plan’s qualified default investment alternative.

ABC [ONE] will use AB’s proprietary DC technology platform and adjust participants’ private asset allocations across private credit, real assets and equity. AB will manage the allocation to the three private market asset classes alongside a plan’s existing QDIA, based on participants’ ages and preferences.

Global alternative investment firm Brookfield will manage the private real assets component, global investment firm Carlyle will manage the private equity component, and AB will manage the private credit allocations.

Aon Launches Digital Placement Exchange Platform

Aon PLC announced the launch of Digital Placement Exchange, a trading platform designed to allow insurers to define their underwriting appetite digitally.

Aon DPX will use structured data and algorithmic trading to efficiently connect risk and capital, according to the announcement. The platform is expected to integrate with Aon Broker Copilot, Aon’s placement, analytics and broking technology, to embed digital trading into brokers’ workflows.

Partners Group Announces Private Equity Strategy

Private markets firm Partners Group A.G. announced the launch of Total Return Strategy, a private equity strategy focused on lower-leverage investments and designed to deliver recurring income and long-term equity appreciation.

The strategy will invest in businesses with durable cash flows and strong foundational sectors, such as industrial manufacturing, distribution and healthcare, according to the announcement. TRS targets gross total returns in the mid-teens, along with a targeted initial gross annual dividend yield of between 5% and 8%.

SEI Releases High Yield Bond, Alternative Credit ETF

SEI Investments Co. converted a 30-year-old high-yield mutual fund into the SEI High Yield Bond & Alternative Credit ETF, an actively managed exchange-traded fund that invests in fixed-income securities.

The ETF combines a multi-manager, high-yield bond allocation with an internally managed collateralized loan obligation sleeve, offering exposure across traditional and alternative credit markets, according to the announcement.

SEI Investments Management Corp. manages a portion of the fund’s assets. The remaining assets are managed by Ares Capital Management II LLC, Benefit Street Partners LLC, Blackstone Credit Systematic Strategies LLC, Brigade Capital Management LP and J.P. Morgan Investment Management Inc.