The 2 biggest issues facing active managers, according to ETF pros (via ETFEdgeCNBC)
, those managers may just get another chance to prove themselves after years of asset losses in the mutual fund space.including T. Rowe Price, BlackRock and Fidelity, will not require daily disclosures of their portfolio holdings, a plus for active managers who didn't want to move into ETFs for fear of having to publicize their strategies. In the new structure, managers will update their holdings on a quarterly basis.
"There are no celebrity stock market managers who other people are trying to front-run. So, I'm not sure what this is solving or why this would matter," Brown said. "The bigger issue that these funds face and why I'm skeptical that you'll see a lot of big successes [is] they're not systematic. And that is what intermediaries like myself, financial advisors, want more and more every year.
The way Nadig sees it, they may already have prospective clients in another corner of the market waiting to make the switch.
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