January asset flows revealed heavy buying activity of open-end equity funds for the first time in several years, but it's too soon to call it a trend, says Morningstar's Michael Rawson.
Active ETFs may hold a tax advantage, but lack of 401(k) availability and the need to publish daily holdings have held back their growth versus their open-end brethren.
Last week was a busy one for both active and passive exchange-traded fund providers with five fund launches and one updated filing of an actively managed fund from a mutual fund stalwart.