Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:In the AMG Empire, There's No Place for ETFs Not Rated 4.0 Email Routing List Email & Route  Print Print
Tuesday, April 19, 2011

In the AMG Empire, There's No Place for ETFs

News summary by MFWire's editors

Sean Healey
Affiliated Managers Group
President and CEO
For fundsters interested in Affliated Managers Group, an article by Institutional Investor's Julie Segal is worth a look.

AMG, whose affiliates include Tweedy Browne, Third Avenue and Aston Asset Management, sets itself apart from other rollups by buying a majority interest in firms and letting key executives keep the remaining stake and retain management control.

Don't expect ETFs to become part of the AMG picture.

"Passive investments and exchange-traded funds won’t figure in AMG’s future," Segal writes. "Healey says no to ETFs, even though the vehicles have been the fastest-growing asset management product of the past few years, because they are still largely index products and he doesn’t think that AMG can add value there." 

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use