Specifically, an SEC ruling could allow dozens of asset managers to offer existing mutual funds as ETF share classes. That might sound like technical minutiae … a distinction without a difference.
“If mutual funds didn’t exist today, would they have to be invented?” asks manager John Neff of the Akre Focus mutual fund. “I think the answer is very uncomfortably ‘no.’” ...
BlackRock is doubling down on the rapidly expanding active ETF universe with the launch of two mutual fund stalwarts as ETFs. The company launched the iShares Dynamic Equity Active ETF (NYSE:BDYN) and ...
(Bloomberg) -- Mutual funds are bleeding assets anew, just as their ETF cousins break fresh records. Now, firms from Lazard to Aberdeen Group Plc. are pushing to convert traditional funds into ...
(Bloomberg) -- The US Securities and Exchange Commission intends to grant Dimensional Fund Advisors the ability to offer ETFs as share classes of mutual funds, opening the door for widespread use of a ...
Nov 17 (Reuters) - The U.S. Securities and Exchange Commission cleared the way for Dimensional Fund Advisors to launch an exchange-traded fund share class on 13 of its existing mutual funds, according ...