The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Why Isn't Vanguard in the Active ETF Biz? Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 27, 2012

Why Isn't Vanguard in the Active ETF Biz?

News summary by MFWire's editors

An ETF giant is still shying away from actively-managed products.

"We haven't launched an actively managed ETF because of investment restrictions around derivatives, swaps and options and the disclosure requirements," Vanguard [profile] principal and senior ETF strategist Joel Dickson reportedly said. "Most active equity managers don't want what they are buying and selling to be known, so transparency can be a disadvantage."

Dickson shared those thoughts earlier this month on a "Remaking the ETF Landscape" panel discussion at a Bloomberg alternatives conference in New York City. Juliette Fairley of FA magazine reported on the panel.

Other panelists included: Alex Gurvich, managing partner of the Rockledge Group and PM of AdvisorShares' [profile] $1.25-million Rockledge SectorSAM ETF; Brian Parker, an advisor working with $1.3 billion at EP Wealth Advisors; Kevin Quigg, global head of the ETF strategy and consulting group at State Street Global Advisors [profile]; and Eric Balchunas, Bloomberg analyst and the panel moderator.

FA noted that there are currently 55 active ETFs holding five percent of total ETF products. AdvisorShares offers 16 of those active ETFs, WisdomTree [profile] 14, Pimco [profile] six and SSgA three.

The panelists talked about the benefits of active ETFs, the growing pains of the niche, and the strategies they're using to market such products. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use