Active ETFs are certainly enjoying all the attention at the moment. As we put this newsletter to press, we were able to report on Natixis’s launch of three semi-transparent active ETFs based on three of their star manager mutual fund products from firms as august as Loomis Sayles, Harris Associates and Vaughan Nelson. Interviewed by ETF Express, Nick Elward, SVP, Head of Institutional Product and ETFs at Natixis, described the process as a marathon not a sprint but says that it brings all the benefits of active management within the added benefits of the ETF vehicle.
More news on active comes with JP Morgan Asset Management’s second outing for its annual global ETF survey reveals that close to half of all client monies will be in active or smart beta ETFs by 2023. Active ETFs are enjoying their moment with investors needing the support of an active manager in volatile and uncertain times.
Over at FlexShares, Mark Carlson, senior investment strategist, comments that Value might be back on the table – a concept that seems almost quaint after the long run of its sibling Growth. Carlson believes that the Value factor can be useful in terms of evaluating exposure within the high yield market place. He also warns on inflation making its reappearance and proposes a little inflation preparation in investor portfolios, saying: “Investing against inflation is like buying insurance for your portfolio – it’s nice to have in case things turn ugly.”
Both Lipper at Refinitiv and Amundi have August numbers which show that money continues to flow into ETFs regardless of their flavour, as it were.
Please do take a look at the programme for our etfLIVE North America digital summit, going live, virtually, on 20 October – professional investors go free and we now have added CPD points!
Managing Editor, ETF Express
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