MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, September 4, 2008 Pimco Confirms that its ETF Lineup Will Feature Active Products Pimco's lineup of ETFs will include at least one actively managed product, Ian Salisbury reports in Thursday's WSJ Fund Track. Word of the Newport Beach, California-based firm's plans to roll out a line of ETFs first surfaced in June (see MFWire July 29, 2008). Tammie Arnold, managing director at Pimco, told Salisbury that the company plans to launch an initial active bond ETF and is also interested in possibly developing equity, commodity, and asset allocation active ETFs. The company could not say when it expects to get final approval for the products from the SEC. Thursday's Fund Track column also mentioned Munder Capital Management's plan, announced Tuesday, to exit the money-market mutual fund arena. (see MFWire September 2, 2008) Printed from: MFWire.com/story.asp?s=19220 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |