The long, slow decline in fund manager fees may be ending: Aaron Brown
In a financial landscape dominated by transparency, a new breed of exchange-traded funds (ETFs) emerges, challenging the status quo. With record inflows, active ETFs represent a mere fraction of the market, yet within this niche lies a potential game-changer: semi and nontransparent ETFs. Shielded from daily disclosures, these secretive funds offer traditional managers a lifeline in a sea of fee compression. As industry giants dip their toes, could these ETFs redefine asset management's future?
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By Aaron Brown
Active exchange-traded funds have seen record inflows in recent years, taking assets under management to $630 billion. That's a lot of money but small in comparison to the $10 trillion in ETF assets overall or the $24 trillion in public mutual funds registered in the US. Still, one corner of the active ETF space represents the best shot traditional fund managers have of preserving their role in the investing landscape.
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