The alternative asset manager is launching its first interval fund and serving as a core independent manager on another as it looks to develop new products.

Some big investors use public REITs to gain exposure to property types that are harder to reach through private vehicles.

Called Model Select and focused primarily on ETFs, the program already manages $5 billion in assets.

Kiwoom Securities Co. has teamed up with Tidal Investments to form an ETF designed to provide 200% the daily performance of Berkshire Hathaway.

It’s been a busy year for active ETFs in general, but the fluctuating interest rate environment has been a particular boon for active fixed-income ETFs. Looser credit conditions could flip the script and make private equity returns more...