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 |
|
Tuesday, December 1, 2009 A Mutual Fund Titan Wants in on the Active ETF Action Vanguard wants to launch its own active exchange-traded fund shares for at least one fund. On Friday the low-cost mutual fund giant asked the SEC for an exemption to create ETF shares for its Vanguard Inflation-Protected Securities Fund. The Wall Street Journal's Daisy Maxey reported on the move in the Tuesday "Fund Track" column. Ken Volpert, head of the taxable bond group at Vanguard, told the WSJ that the firm has seen "a lot of demand" for an active ETF offering. Other firms pushing into the actively-managed ETF business include: AdvisorShares; Claymore; Grail Advisors; iShares (soon to be part of BlackRock); Pimco; and Invesco PowerShares. Printed from: MFWire.com/story.asp?s=23389 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |