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 |
|
Monday, June 28, 2010 Jaffe Sees an 'ETF Revolution' ETF moves last week by Vanguard, DoubleLine, Grail and Huntington caught the eye of Chuck Jaffe yesterday. The MarketWatch columnist highlights previously announced plans by Huntington to convert two funds into ETFs, by Grail to launch an actively managed ETF run by Jeff Gundlach's DoubleLine and by Vanguard to create ETF shares for 19 more of its funds. Scott Burns, director of ETF analysis for Morningstar, sees an ETF revolution brewing. "If Vanguard were to license ETF shares," Burns told Jaffe, "you'd see 3,000 funds using them in six months." Putnam chief Bob Reynolds weighs in as a skeptic of active ETFs, and Vanguard Bill McNabb adds that he's not sure if Vanguard will make ETF shares for its big active funds. Printed from: MFWire.com/story.asp?s=32625 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |