David Bodamer speaks with Jack Shannon, a senior analyst in Morningstar's manager research team, in an episode taped before a live audience at Morningstar Investor Conference. They delve into the differences between active and passive ETFs, highlighting the nuances in managing and trading them and whether active ETFs offer their own premises.
Listen as David and Jack point out:
- The growing growth of active ETFs, with active issuances accounting for a growing percentage of ETF product development
- Performance evaluation of active ETFs to date
- The potential for active ETFs to cannibalize mutual fund assets
- Active ETF turnover rates, with many new launches often closing within a few years due to fad-following or a lack of compelling investment strategies
- What other research is Shannon working on for the rest of the year?
- And more
Overall, the episode provides an in-depth look at the evolving landscape of active ETFs and their place in the broader investment market.
Sources:
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About our guest:
Jack Shannon is a senior research analyst manager for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He focuses on actively managed equity strategies and is the principal analyst for MFS and Artisan Partners, among other firms.
Prior to joining Morningstar in 2020, Shannon worked in commercial banking and was a consultant providing expertise on complex financial litigation. Shannon holds a bachelor's degree in economics and history from James Madison University. He also holds a Master of Business Administration in investment and corporate finance from the University of Notre Dame's Mendoza College of Business.