Reports of the arrival of actively managed exchange-trade funds have been greatly exaggerated. Sure, there are some ETFs of recent vintage that come close, such as the PowerShares that track the quantitatively constructed Amex Intellidexes. Firms also have filed applications for active ETFs with ...
Plus, news on J.P. Morgan, TIAA-CREF, Barclays, Citizens, Legg Mason, and more.
ETFs experienced in 2005 another year of impressive growth.
Less-liquid stocks have higher expected returns than more- liquid stocks.
A look back on the 20th anniversary of the first and most successful ETF in the U.S.
Investors should look past the IPO hype and focus on company fundamentals.