Former iShares Chief Executive Officer Lee Kranefuss believes that true active ETFs which mimic hedge funds, with long-short hedge funds who are interested in implementing an ETF strategy, will eventually become a common theme, writes Olivier Ludwig for IndexUniverse.
Kranefuss also adds that alpha can still be obtained in an active ETF strategy, even in a transparent industry since winning managers will be so prescient that possible copy cats would be unable to rationalize the strategy.
For more information on actively managed ETFs, visit our actively managed ETFs category.
Max Chen contributed to this article.
