AMEX has launched the Bear Stearns Current Yield Fund today, touting it as the the first actively-managed ETF to hit the market.
Providers of exchange traded products are developing investments that give investors the ability to more accurately pinpoint risk.
It soon may become easier for mutual funds to invest in exchange traded funds, but industry experts are divided as to whether funds will rush to invest in a product that is sometimes depicted as a competitor.
The mutual fund industry's push for raising taxes on exchange-traded notes may come back to hurt the industry when it asks Congress to defer taxes on mutual funds, the ranking minority member of a House Ways and Means subcommittee said.
The size of the exchange traded fund market shrunk by $12.9 billion in February, falling to $557 billion in assets.
Despite a sinking stock market, investment research firm Morningstar Inc. is mapping plans to increase its product lineup in 2008.
Financial advisers are glad to see that competition is heating up in the nascent exchange traded note market.
the Bear Stearns Current Yield Fund (YYY) will begin trading on the American Stock Exchange on March 18.
Investors will be the ultimate winners if a Securities and Ex-change Commission proposal to permit exchange traded funds to operate without having to obtain individual exemptive orders becomes a reality.
ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.
Exchange traded funds that are based on fundamental indexes have ballooned in number, but they are having a hard time attracting assets.
Financial advisers know little of William McNabb III, who today replaces John J. Brennan as president of The Vanguard Group Inc. and who will be taking Mr. Brennan's position of chief executive in about a year.
The push for actively managed exchange traded funds, the Holy Grail of the ETF industry, is intensifying.
Exchange traded funds are one of the fastest-growing investment vehicles, but until now, they have been passive investments.
The firm is the first provider to receive exemptive relief from the SEC for actively managed ETFs in registration.
There were 50 fewer launches in 2007 as compared to 2006 for the first year-to-year fall since the millenium.
The firm an application with the SEC for exemptive relief for a series of actively managed, target-date exchange traded funds.
The rule would cover passive and actively managed ETFs — at least those that promise to divulge their holdings.
The Vanguard Group Inc. has slashed costs on five more exchange traded funds in its latest effort to play catch-up with Barclays Global Advisors.
RevenueShares Investor Services LLC became the latest firm to enter the exchange traded fund market Friday, launching three ETFs based on indexes weighted by the amount of company revenue.
