J.P. Morgan launches two actively managed equity ETFs — what you need to know (via ETFEdgeCNBC)
"This goes back to putting the investor at the center of the equation and what investors are trying to achieve in their portfolios," Lake said. "We have seen persistent flows towards passive over the last decade or so, backed up by strong markets, but we have seen extremely strong flows into active, active fixed-income in particular. At J.P. Morgan, we have an ultra-short strategy,, that has also benefited from that, delivering a great outcome for investors.
Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA, said investors seem to be embracing the idea that active managers could outperform passive funds. "We certainly think there's demand for active management in the ETF wrapper," he said, noting that Ark Invest, which offers five transparent, actively managed ETFs, has had the tenth-highest amount of inflows so far in 2020, "ahead of some of the much larger, more established asset managers."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Two U.S. Soldiers Strong-Armed Craig Morgan into Writing His New SongHappy 4th of July! Two active-duty U.S. Army Rangers strong-armed Craig Morgan into writing his new anthem 'Sippin' on the Simple Life.' Here's how
Read more »
Avis may be next Hertz for day traders as Morgan Stanley upgrades stock - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Piers Morgan calls David Starkey 'disgusting' after 'damn blacks' outburstGood Morning Britain host Piers Morgan lashed out at historian David Starkey after he was embroiled in a fresh racism row yesterday. Starkey declared slavery cannot be considered genocide because 'so many damn blacks... survived'
Read more »
Morgan Stanley analyst upgrades Avis Budget to buy for the first time, sees 65% upsideNew for subscribers: Morgan Stanley analyst upgrades Avis Budget to buy for the first time, sees 65% upside Check out CNBCPro for a free trial.
Read more »
Utah reinstates defensive coordinator Morgan Scalley after investigation into racist languageUtah announced that it is reinstating defensive coordinator after an independent investigation into whether a text message that used racist language and was accidentally sent to a recruit in 2013 constituted a pattern of behavior.
Read more »
Writer LaToya Morgan Inks Overall Deal With Warner Bros. Television Group, Launches Production CompanyEXCLUSIVE: Writer/producer LaToya Morgan (The Walking Dead, Into the Badlands) has signed a major exclusive overall deal with Warner Bros. Television Group. WBTVG landed Morgan in a competitive sit…
Read more »