Latest news with #AmritaNandakumar
Yahoo
30-07-2025
- Business
- Yahoo
Vident's Amrita Nandakumar on Unprofitable ETFs
Vident Asset Management President Amrita Nandakumar explains why investors should be concerned for unprofitable ETFs and believes issuers are realizing the opportunity costs is higher with older products. She speaks with Scarlet Fu and Eric Balchunas on "ETF IQ." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
28-07-2025
- Business
- Bloomberg
Vident's Amrita Nandakumar on Unprofitable ETFs
Vident Asset Management President Amrita Nandakumar explains why investors should be concerned for unprofitable ETFs and believes issuers are realizing the opportunity costs is higher with older products. She speaks with Scarlet Fu and Eric Balchunas on "ETF IQ." (Source: Bloomberg)
Bloomberg
28-07-2025
- Business
- Bloomberg
SEC Halts Approval of Bitwise ETF
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Vident Asset Management President Amrita Nandakumar and GQG Partners Chair and CEO Rajiv Jain. (Source: Bloomberg)
Yahoo
28-03-2025
- Business
- Yahoo
Active Management Lives On in ETFs After $1 Trillion Asset Haul
(Bloomberg) -- Total assets held by actively run ETFs in the US have hit the $1 trillion milestone, as investors sink cash into a new generation of strategies — shaking up the passive reputation of this booming corner of money management. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. Paris Votes to Make 500 More Streets Car-Free A combination of market gains and inflows carried total assets over the trillion-dollar landmark this week, according to Bloomberg data. While classic index-tracking funds dominate the trading landscape, demand for the tax-efficient wrapper is ramping up across ETFs that allow managers to deviate from the benchmark for additional returns. Cash is flying into funds riding everything from vanilla fixed income and structured credit, to crypto and leveraged stock trades. Investors continue to exploit the industry's fiscal and liquidity advantages in the ETF-for-everything era. The balance of power remains with benchmark-hugging strategies with their assets totaling $9.6 trillion. But active funds are playing catch-up, attracting $112 billion so far this year compared with passive's $175 billion. 'Active ETFs are now being embraced the same way that index-tracking ETFs were when they first launched,' said Amrita Nandakumar, president of ETF sub-adviser Vident Asset Management. 'It is a role-reversal from mutual funds, which started off actively managed until John Bogle launched the first S&P 500 mutual fund in the late 70s.' Derivatives-powered strategies have led new debuts in the category, with 54% of the launches in February utilizing them in some way or form, data compiled by Bloomberg Intelligence show. Retail favorites include strategies such as double leveraged single-stock, so-called return-stacking and managed futures. This year, nearly $5 billion alone rushed into Janus Henderson's ETF tracking collateralized loan obligations (ticker JAAA), fueled by investors seeking exposure to floating rates. JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Direxion Daily TSLA Bull 2X Shares (TSLL) took in $3 billion each. 'It's not just confidence in the manager themselves, but confidence in the ETF wrapper,' said Matthew Bartolini, head of Americas ETF research at State Street Global Advisors. 'And that a manager's active strategy, whether implemented by traditional or non-traditional approaches, has the potential to fully translate into an ETF structure that had previously just been used for indexed-based approaches.' The biggest players in the active space are Dimensional Fund Advisors LP, JPMorgan Chase & Co. and First Trust, which command north of $400 billion combined. Still, smaller players are also contributing to growth, according to Jillian DelSignore, global head of investor distribution strategy at Nasdaq Global Index Group. 'There is a sustained trend of new issuers entering the market, introducing compelling active-based products that ultimately offer market participants greater choice in their investments,' she said. Meanwhile active stock mutual funds — which typically come with higher fees and have famously underperformed their benchmarks over the years — have been hit by constant outflows in a zero-sum game between the two products. 'Active ETFs will continue to grow, but are unlikely to overtake passive ETFs because active managers still struggle to beat their passive peers on average,' said Bryan Armour, director of passive strategies research at Morningstar Inc. 'Still, ETFs offer a new opportunity for active managers and declining fees should increase their odds of success.' Business Schools Are Back Google Is Searching for an Answer to ChatGPT The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers ©2025 Bloomberg L.P. Sign in to access your portfolio
