Exchanging places?

Assets under management in European-domiciled mutual funds have plunged more than EUR60 billion this year, while exchange-traded funds have seen healthy capital inflows of over EUR20 billion. With the pattern repeated in the US as traditional asset managers choose ETFs over mutual funds, Emma Dunkley asks whether these reversals in fortune are connected

sp-oct08-15-gif

Pimco, the US-based global investment management firm, made a filing on September 3 to the US Securities and Exchange Commission (SEC) for an active bond exchange-traded fund (ETF). Pimco's shift into ETF territory marks a departure from its typical fund offering and has contributed to the recent watershed of US fund managers taking up the ETF baton. "Pimco's move is a very serious development, and will lead the way for other mutual fund managers to enter the ETF space," says Isabelle Bourcier

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here