Factor ETFs can be used as a low-cost tool to replicate active mutual fund strategies within investor portfolios, according to Oliver Stone, head of portfolio management at Fairstone.
Speaking to ETF Stream, Stone said the firm has been using the ETF wrapper to replace its active exposure at a cheaper price point in certain markets.
For example, the group recently purchased the...
This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.
