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, May 15, 2012 Will Gross Inspire More Active ETFs? Since their debut in 2008, growth for actively managed ETFs has proved slow at best. But Rachel Koning Beals writes in the Wall Street Journal that this trend may be coming to an end thanks to the success thus far of Pimco's [profile] the two-month-old ETF version of Bill Gross' flagship Total Return Fund, as well as the launch of Pimco's third active ETF. Expect other ETF providers like State Street Global Advisors' SPDRs [profile], BlackRock’s iShares [profile] and Wisdom Tree [profile] to grow their actively managed ETF businesses as well, Beals writes. Beals also quoted president Tom Lydon of Global Trends Investments, who also edits ETFtrends.com, who spoke at a MarketWatch Investing Insights panel called “ETF Trading: Where the Market Action Is” that took place in April in San Francisco. "Pimco’s lending its name into the active ETF space is a game-changer for the entire industry," he said. "With these big-name brands essentially legitimizing this 0.5 percent corner of the $1.2 trillion ETF industry, this can only reinforce the smaller players already in the space." Printed from: MFWire.com/story.asp?s=40012 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |