If you want to see the future of ETFs, you might want to check out the small Bedminster, N.J. office of
, where Forbes says
is the "next big thing" in ETFs "is being cooked up."
The magazine reports that the the four principals at Precidian are designing and patenting new forms of ETFs that could help devoutly active managed shops break into the growing $1.5 trillion space.
Reportedly, through the firm's ActiveShares funds, the principals have found a "process that keeps most of the low-cost and tax-efficient benefits of an ETF while disclosing holdings only quarterly, as active managers now do."
Read more about the details of this process in Forbes
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