According to the New York Stock Exchange, growth in the U.S. exchange traded fund market will likely be supported by actively managed ETFs. A bevy of providers are waiting for regulatory approval to introduce active ETFs.
“Our pipeline continues to be quite robust and we have new prospect issuers coming to us with a high frequency,” Laura Morrison, vice-president of global index and ETFs at NYSE said, on IFA Online. [Active ETFs Seen Hitting $1 Trillion Within a Decade]
Many of the new players are interested in listing actively managed ETFs. Well-established companies such as JP Morgan, Dreyfus, Alliance Berstein, and State Street are in the process of an active ETF launch as well, reports Claire Dickinson for IFA Online. [Mutual Fund or ETF, It’s Still Just Investing]
“There is heightened interest in the active transparent product type. We only have 41 listed on our exchange now, there is a decent number of new pending active ETF issuers that we are speaking with,” Morrison said.