Precidian Investments is an innovative asset management firm focused on creating and licensing next-generation financial products, primarily in the exchange-traded fund (ETF) space. Founded to address evolving investor needs, the company is best known for developing ActiveShares®, a patented ETF structure approved by the U.S. Securities and Exchange Commission (SEC) in 2019. This structure allows for active investment strategies to be delivered in an ETF vehicle without the requirement of daily portfolio disclosure, combining the benefits of active management with the tax efficiency and liquidity of an ETF. In 2021, Precidian was acquired by Legg Mason, which is a wholly-owned subsidiary of Franklin Templeton, and now operates as part of the larger global investment management organization.

Founded in

United States