Will This Be the Year of the Actively Managed ETF? By Rosalyn Retkwa
Managers are gearing up for new fund launches but demand remains uncertain and front-running fears are still an issue. Jack Brennan, chairman emeritus of The Vanguard Group, known for its low-cost index funds, recently echoed a common sentiment when he described actively managed ETFs as an oxymoron. “One of the reasons you index is to take manager risk out of the equation. To put manager risk back into the equation …
ETF Growth: Will It Hit A Wall By Brendan Conway
Bernstein Research poses the question this morning. Yes, the firm argues, exchange-traded funds’ growth could slow considerably. It could happen without a break into 401(k) plans and without substantial new growth outside ETFs’ home base in passive investing. Bernstein’sĂ‚Â Luke Montgomery, Brad Hintz and Gabriel Farajollah are specifically challenging the view that active management and fixed income can drive the industry’s asset levels as high as hoped. They’re taking on the …
Actively Managed ETF’s small, But Growing By James Armstrong for Traders Magazine Online News
April 27, 2012 Actively managed exchange-traded funds don’t account for a huge portion of the ETF universe, but that could be changing, and the New York Stock Exchange’s electronic venue Arca, where the majority of ETFs are listed, is banking on that being the case. According to Laura Morrison, head of U.S. ETP listing and trading for NYSE Euronext, actively managed ETFs have seen their assets grow 64 percent over …