No Data
Just one month later, the first batch of 18 actively managed ETFs has entered the filing stage, marking the arrival of an 'active era' for onshore ETFs.
① The managers included in this submission cover large and mid-sized fund management companies, reflecting the broad representativeness and phased approach of the pilot program; ② The initial batch of products emphasizes conservative strategies, aiming to ensure a smooth launch; ③ Management approaches are diverse, with some firms adopting a dual-track model combining active portfolio managers and ETF operations teams.
Express News | Active ETF filings are still awaiting the official go-ahead.
J.P. Morgan Asset Management: Bullish on U.S., Japanese, and emerging market equities; Fed may hold rates steady this year
J.P. Morgan Asset Management expects the Federal Reserve to hold rates steady this year, cut rates once in the second half of next year, and remains positive on U.S., Japanese, and emerging market equities as well as U.S. high-yield bonds. It holds a neutral stance on European equities, citing downside risks to the region’s economic growth.
Express News | J.P. Morgan Asset Management: In the third quarter, it favors U.S., Japanese, and emerging-market equities, as well as U.S. high-yield bonds.
Multiple mutual fund firms are preparing for actively managed ETFs, with several versions of the initial pilot program list circulating—what do institutions think?
① Multiple public fund managers are actively preparing for actively managed ETFs, with some having already received feedback from the exchange and currently making intensive revisions to their filings; ② Given the relatively high operational costs of actively managed ETFs, some public fund managers have opted to temporarily hold off on entering this space.
Express News | Active ETFs must disclose their creation and redemption baskets and publish the IOPV before market open each trading day.