{"id":988599,"date":"2026-08-03T10:53:10","date_gmt":"2026-08-03T14:53:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/raymond-james-investment-management-completes-conversion-of-clarivest-capital-appreciation-fund-to-actively-managed-etf\/"},"modified":"2026-08-03T10:53:10","modified_gmt":"2026-08-03T14:53:10","slug":"raymond-james-investment-management-completes-conversion-of-clarivest-capital-appreciation-fund-to-actively-managed-etf","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/raymond-james-investment-management-completes-conversion-of-clarivest-capital-appreciation-fund-to-actively-managed-etf\/","title":{"rendered":"Raymond James Investment Management Completes Conversion of ClariVest Capital Appreciation Fund to Actively Managed ETF"},"content":{"rendered":"
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ST. PETERSBURG, Fla., Aug. 03, 2026 (GLOBE NEWSWIRE) — Raymond James Investment Management<\/u><\/a>, a global asset management company with over $171 billion in assets and a wholly-owned subsidiary of Raymond James, today announced the completion of the conversion of the Carillon ClariVest Capital Appreciation Mutual Fund into the newly launched RJ ClariVest Capital Appreciation ETF (NYSE: RJCA), an actively managed exchange-traded fund.<\/p>\n

RJCA, which began trading today on the New York Stock Exchange, is managed by a team at ClariVest Asset Management (ClariVest), a boutique manager of Raymond James Investment Management. The conversion marks the launch of the firm\u2019s fourth ETF, building on the launch of its first three ETFs in October 2025.<\/p>\n

\u201cWe’re excited to expand our ETF lineup with RJCA, giving advisors and investors another way to access the differentiated investment capabilities of our boutique teams,\u201d said Matt Johnson, Head of Commercial Strategy at Raymond James Investment Management. \u201cWe remain committed to providing advisors and investors with access to differentiated investment strategies through the vehicles that best meet their evolving needs, and the launch of RJCA is the latest example of that commitment.\u201d<\/p>\n

RJCA is a U.S. large-cap growth ETF that seeks capital appreciation by investing in companies that the portfolio management team believes have the potential for attractive long-term growth in earnings, cash flow, and total company worth, favoring large-cap stocks that appear undervalued relative to their long-term growth fundamentals. RJCA is managed by ClariVest Portfolio Co-Managers Ed Wagner, CFA, Frank Feng, Ph.D., Amanda Freeman, CFA, and Todd Wolter, CFA. The ClariVest team applies a behavioral-based investment philosophy, recognizing that investment opportunities can arise when market expectations do not align with business fundamentals.<\/p>\n

\u201cRJCA combines a time-tested investment strategy with the benefits of the ETF structure, giving advisors and investors another way to access ClariVest’s differentiated investment strategy,\u201d said Johan Grahn, Head of ETFs at Raymond James Investment Management. \u201cWe’re excited to add a large-cap growth strategy to our ETF lineup as we continue building a thoughtfully curated suite of active ETFs.\u201d<\/p>\n

\u201cThe Capital Appreciation Fund has been a core portfolio holding for many of our long-tenured clients for many years,\u201d said Susan Walzer, President of the firm\u2019s Family of Funds. \u201cNow, advisors and investors can access that same investment strategy through the flexibility of the ETF structure.\u201d<\/p>\n

The product joins an existing suite of three active ETFs managed by teams at Eagle Asset Management, another boutique manager of Raymond James Investment Management:<\/p>\n