Time To Buy an Active ETF? Stock Pickers Doing Well in 2013 By Brendan Conway
We often note the paucity of actively managed exchange-traded funds — often enough, apparently, that BlackRock’s (BLK) Larry Fink cited a line from a recent column on the company’s earnings call pooh-poohing their progress last year: “Actively managed ETFs may be the biggest story that never quite happened in 2012.” And yet the small number of actively managed ETF are doing remarkably well. At least, several are starting off 2013 …