Forbes – Actively Managed ETFs. There are now more than $750 billion in 800 ETFs outstanding, compared with 7,760 mutual funds with $10.7 trillion in assets. But ETFs are stealing market share from mutual funds daily. Active management is a competitive distinction and edge that mutual funds are loathe to give up.
As Powershares, Claymore and ETF upstarts like Grail Advisors are already pumping out these new exotic ETFs, mutual fund companies are girding themselves for battle. Bond fund powerhouse PIMCO has launched an actively managed ETF and even stalwart T. Rowe Price is getting in the game.
