T. Rowe Price may bring actively managed ETFs to market

Mutual fund provider considers first steps to target fast-growth area
OCT 24, 2013
T. Rowe Price Group Inc. is planning to bring actively managed exchange-traded funds to the market. The plan to offer nontransparent actively managed funds, disclosed in filings with securities regulators, marks the mutual fund provider's early steps toward making inroads in the faster-growing ETF market segment. The products also are an attempt to popularize using ETFs for active fund management, without complete disclosure of the trades made by the fund managers. Most ETFs today are fully transparent passive investments, meaning they disclose their underlying holdings and track an index. Some active fund managers would like to withhold disclosure to enable more-strategic investing. The Baltimore-based fund manager has not launched any ETFs yet, and it may choose not to do so even if it receives approval from the Securities and Exchange Commission. There are currently more than $1.5 trillion in U.S.-traded ETF assets, according to XTF Inc., an analytics service.

Latest News

LPL takes big swing at mainstream with PGA marketing deal
LPL takes big swing at mainstream with PGA marketing deal

LPL recently has softened its antipathy to mainstream marketing.

Larry Roth joins JIFFY AI advisory board as wealth tech race heats up
Larry Roth joins JIFFY AI advisory board as wealth tech race heats up

The veteran independent broker-dealer executive brings crisis-tested leadership to the AI-powered data platform

RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint
RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint

Arax and Waverly also staged their own East Coast expansions by acquiring a family-owned practice and a Maryland-based wealth firm.

Most investors are still positioned for the old environment
Most investors are still positioned for the old environment

Portfolios are built for specific environments, but most investors are still positioned for one shaped by intervention and conditioning that may no longer exist.

How a 320-strong Morgan Stanley advisor team supports the pro bono financial planning push
How a 320-strong Morgan Stanley advisor team supports the pro bono financial planning push

Foundation for Financial Planning CEO tells InvestmentNews how the wirehouse’s wealth management division steps up to the plate for those in need.

SPONSORED Estate planning isn't a service add-on. It's your retention strategy.

As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.

SPONSORED Why strategy matters more than performance

In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.