Reported about 1 month ago
Many traditional mutual fund firms are now venturing into the ETF market, spurred by upcoming regulatory changes that will allow for dual-share classes. Companies like Lazard and Tweedy, Browne have recently launched their first ETFs, attracted by their tax efficiency, intraday trading, and cost-effectiveness. However, asset managers face challenges including the need for brokers and concerns over client experience, while also managing the balance between maintaining investment strategies and adapting to this evolving landscape.
Source: YAHOO