The success of PIMCO Total Return ETF (NYSEArca: BOND) has triggered speculation that more asset managers will follow PIMCO’s lead and introduce exchange traded fund counterparts for their most popular mutual funds.

BOND, a twist on Bill Gross’s flagship Total Return Fund, is drawing a robust following in its short two-month run. It had more than $800 million in assets under management as of mid-May, reports Rachel Konning Beals for MarketWatch. This ETF could pave the way for more actively managed ETFs. [PIMCO Total Return: ETF or Mutual Fund?]

PIMCO lending its name into the active ETF space is a game-changer for the entire industry. It’s one of those things where if you don’t get ahead of the times, then you are left in the dust trying to catch up. [PIMCO Paves the Way for More Active ETFs]

Large ETF providers such as State Street, BlackRock and WisdomTree are currently looking for a slice of the actively managed ETF market. They are all planning products or have them in the registration process with The SEC.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.