Sales & Marketing | 09.20.23

Actively Managed ETFs Drew $9.8 Billion in August

by: Suzanne McGee

Flows into actively managed exchange traded funds (ETFs) outpaced those into their passively managed counterparts in August, data from Morningstar showed, continuing a recent trend. Actively managed ETFs pulled in $9.8 billion in cash from investors in the month, compared to $9.5 billion for passive products. As of August, actively managed funds represent only 6% of all ETF assets but accounted for 23% of inflows so far this year, Morningstar said. That’s nearly double the 3.29% share as of December 2020. “There’s no doubt that we’re in the midst of a breakout for these active ETF products,” said Ryan Jackson at Morningstar.

Read the full article on Reuters