Financial Times FT.com

INVESTMENT VEHICLE COULD BE A 'BETTER MOUSETRAP' FOR MANAGERS

By Rebecca Knight

Published: January 30 2007 02:00 | Last updated: January 30 2007 02:00

What's the big deal about actively managed ETFs? It is not as though mutual fund managers always beat the market anyway.

It is a valid point. After all, there is a wealth of research that shows that most fund managers running open-end mutual funds generally do not outperform the Standard & Poor's 500 index.

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