Bond giant PIMCO may roll out more actively managed ETFs this year, according to a report.
“I would not be surprised if there was at least one more this year,” Allianz management board member Jay Ralph told a German newspaper, Euro am Sonntag.
“After all, the Total Return ETF has already gathered $1.3 billion,” Ralph told the newspaper, according to a Reuters report.
Bill Gross manages PIMCO Total Return ETF (NYSEArca: BOND), which has attracted assets of $1.4 billion since the March launch.
Allianz unit PIMCO has filed to introduce active ETF versions of three large mutual funds. [PIMCO Plans Active ETF Versions of More Funds]
Ralph said PIMCO currently did not have any plans for a passively managed ETF, according to the report.
PIMCO Total Return ETF
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