Exchange-Traded Managed Funds Prepare To Challenge High Fee Mutual Funds
Exchange-traded managed funds (ETMFs) have the potential to dislocate higher fee actively managed mutual funds and put traditional asset managers in a dilemma, says a new report from Morgan Stanley.
Several weeks ago, Eaton Vance Corp (NYSE:EV), a well known alternative asset product distributor, was granted exemptive relief to offer ETMFs, a move being closely watched in the asset management industry. The Morgan . . .
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