Fidelity Investments is reportedly gearing up to make a run at the active exchange-traded fund space, Bloomberg News reports.

The firm will reportedly launch a series of ETFs based on its "Select" line of industry-focused equity funds. Anthony Rochte, former Head of North American Intermediary Business Group at State Street Global Advisors, will run the new ETF unit from Denver.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access