New ETMFs Could Eat Away At Mutual Funds’ Market Share
December 03, 2014 at 09:30 AM EST
As Eaton Vance (NYSE: EV) readies its recently approved non-transparent exchange traded managed funds, some anticipate that ETMFs could carve out a larger chunk of the mutual fund industry’s market share, with more investors shifting into the cheaper active investments. Eaton Vance executives...