ETFs

Legg Mason is planning to offer a number of index ETFs as well as actively managed fund of funds ETFs.

Columbia Management is planning to further expand into the actively managed ETF space with 17 new ETFs.

Russell Investments is planning to close its family of 25 passively managed ETFs. The firm will continue to operate the Russell Equity ETF.

BMO Asset Management is changing the investment objectives of several ETFs. The biggest change involves switching two of the ETFs to more recognized indices. In both cases, the firm is moving from Dow Jones indices to S&P benchmarks.

Midsized RIA firms are the new sweet spot for managers of mutual funds and ETFs, according to a new report from Cerulli Associates.

Equity fund investors appear to be exiting from mutual funds and investing in ETFs instead. The ICI reported net redemptions of $64.673 billion for U.S. equity funds and $42.887 billion for all equity funds for the year to date.

As sales of ETFs boom, the SEC's Office of Investor Education and Advocacy has released an investor bulletin on the investment vehicle.

First Trust Advisors has rolled out two new ETFs based on NASDAQ indices. The First Trust NASDAQ Technology Dividend Index Fund and the Multi-Asset Diversified Income Index Fund, which is based on the NASDAQ Multi-Asset Diversified Income Index, began trading Tuesday on NASDAQ.

US ETF assets totaled $1.19 trillion as of July 31, 2012 - up 13.8% year-to-date, according to the latest ETF Snapshot report from State Street Global Advisors.

On the same day that FocusShares announced its exit from the exchange-traded fund business, Russell Investments announced today that it is "conducting a strategic review of its direct U.S. ETF business in an effort to focus more exclusively on its core competency."

Portfolio managers from Huntington Asset Advisors' US Equity Rotation Strategy ETF discuss their top picks in IT and health care.

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

The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter nine exchange-traded funds due to the funds' inability to attract sufficient investment assets.

Investors steered an estimated $17.1 billion into exchange-traded funds and notes in July, bringing their total investment in the products to $93 billion for the year.

Exchange-traded funds are the ultimate better mousetrap. But despite all the benefits they offer, there are some risks as well, partly because institutional investors have rushed in. Are they right for your clients?

Emerging markets look strong despite slow growth in the U.S. and trouble in Europe.

Mirae Asset Global Investments has appointed Howard Atkinson as the Global Head of ETF Sales and Marketing. Atkinson is currently the president of Horizons ETFs Management (Canada) Inc., a subsidiary of MAGI.

Huntington’s second venture into the ETF market will be actively managed and use a sector-rotation strategy.

Discounted exchange-traded fund provider Vanguard now tops the field of leading ETF providers among advisors in another category: favorable impressions.

Olney, M.D.-based Arrow Investments is looking to add active exchange-traded funds and more alternative mutual funds to its quiver.