Rising demand for active ETFs is shifting assets away from traditional mutual funds as more asset managers eye the space as the next potential growth area.
According to this year’s Brown Brothers Harriman Global ETF survey of 325 professional investors, 42% of European respondents cited index mutual funds as the structure they allocated capital from when purchasing an active ETF, the most across all options. This was followed by active mutual funds which 33% of respondents highlighted while 25% and 20% stated smart beta ETFs and cap-weighted passive ETFs, respectively...
This article first appeared in Actives Unlocked: The Next Battleground, an ETF Stream report. To read the full article, request access here.