Hands on fund managers drive ETF growth

Group 1 - The exchange-traded fund (ETF) industry is experiencing a record year, with assets surpassing $1 trillion, driven significantly by active managers [1] - Active ETFs represent 80% of year-to-date launches, with assets under management increasing by 38%, compared to a 6% growth for passive ETFs [2] - New ETF launches are evenly distributed between fixed income and equities [2] Group 2 - Average assets under management for funds aged two to three years are approximately $120 million, while newer funds average around $40 million [4] - Active management is seen as valuable in navigating market volatility, with a focus on stock dispersion leading to both significant winners and losers [10]