Actively Managed ETFs: Growing At The Expense Of Mutual Funds And Passive ETFs

deepblue4you/iStock via Getty Images In the world of Exchange Traded Products (ETPs), an entire plethora of “passive” Exchange Traded Funds (ETFs) – instruments that track a broad and/or diversified index of securities – has attracted well over nine trillion dollars in Assets Under Management (AUM) by 2022. In 2023, however, trends indicate that “active” ETPs – wherein a team of investment managers dynamically pick and rebalance allocations for a publicly-available fund – are growing by leaps and bounds. Global Trends Any talk about “active” ETFs (or simply “active products”) might remind a casual follower of market news the name Cathie…