Actively managed exchange traded funds are still just a sliver of the overall ETF universe, but at least one issuer is fulfilling the role of upstart among sponsors of active ETFs.
Barely more than a year after breaking into the ETF market with 10 actively managed funds, WBI Investments is now the fifth-largest of active ETFs, according to the AdvisorShares Active ETF Report for the month ending August 31. For the week ended September 4, WBI Investments had $1.49 billion in active ETF assets under management, according to AdvisorShares data.
Only Pimco, First Trust, iShares and State Street Global Advisors have more actively managed ETF assets under management than does New Jersey-based WBI Investments.
The WBI Tactical Income Shares (NYSE: WBII) is one of the primary drivers of WBI's ascent up ...
/www.benzinga.com/news/15/09/5827282/wbi-investments-jumps-to-fifth-spot-among-active-etf-issuers alt=WBI Investments Jumps To Fifth Spot Among Active ETF Issuers>Full story available on Benzinga.com
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