It looks like the industry’s major players are readying to jump into the active ETF niche with a vengeance, according to
Barron’s.
The publication notes that
T. Rowe Price [
profile] recently
got SEC approval to enter the space, while
Fidelity [
profile] applied last month. Either could become the first major fundster to launch a suite of stock-picking ETFs.
The article goes on to say that the field is wide even, since there aren’t any true stock picking ETFs out there yet.
The newspaper then looks at some funds that come close: the
Ranger Equity Bear ETF and the
First Trust North American Energy Infrastructure Fund.
 
Edited by:
Tommy Fernandez
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