MutualFundWire.com: Will OppenheimerFunds Follow in Huntington's Footsteps?
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, November 16, 2010

Will OppenheimerFunds Follow in Huntington's Footsteps?


The bigwigs at OppenheimerFunds are reportedly mulling over the idea of turning an existing mutual fund into an active ETF.

"We have spent a lot of time discussing the actively managed ETF space," InvestmentNews quotes OppenheimerFunds CEO Bill Glavin as saying at the MMI Fall Solutions Conference at the Marriott Marquis in New York last Friday.

The path OppFunds is contemplating is already being pursued by Huntington Asset Advisors, who, as InvestmentNews notes, filed papers with the SEC this summer to transform existing mutual funds into active ETFs.


Printed from: MFWire.com/story.asp?s=35070

Copyright 2010, InvestmentWires, Inc.
All Rights Reserved
Back to Top