Exchange Traded Funds

The non-transparent and actively managed ETFs that are luring asset managers. Plus: the rush into marijuana funds; bond investors weigh the merits of ETFs; a China-Japan ‘feeder’ fund scheme; and the struggle to get through to retail investors

Known for passively tracking indices, ETFs are about to get active

Poor financial literacy, reluctance to discuss money and poor access blamed for low take-up

Small issuers grab early mover advantage while others worry over legal risks

Scheme intended to make cross-border equities investment cheap and efficient

Vehicles can be used to complement active products or reweight portfolios