“There’s certainly more openness to [active ETFs]from a due-diligence standpoint,” Ryan Issakainen, senior VP and ETF strategist at First Trust, said. “There’s a certain level of comfort with them now. That said, I don’t think any more today than a few years ago that people are going to be more interested in the product just because it’s active. It’s more about the investment strategy.”
With the development of active ETFs underway, old mutual fund players, like John Hancock, are also becoming interested in the space. Additionally, Charles Schwab is looking into actively managed ultra-short bond ETFs.
For more information on active funds, visit our actively managed ETFs category.
Max Chen contributed to this article.