TY - JOUR T1 - ETF Asset Managers JF - The Journal of Index Investing SP - 95 LP - 97 DO - 10.3905/jii.2013.4.2.095 VL - 4 IS - 2 AU - Kim Arthur Y1 - 2013/08/31 UR - https://pm-research.com/content/4/2/95.abstract N2 - ETF asset managers, who run strategies in which the primary underlying holdings are exchange-traded funds, are becoming increasingly popular among both individual and institutional investors. ETF asset managers are often referred to as third-party managers or ETF strategists. The reality of the situation is that they are asset managers, just like mutual fund managers and hedge fund managers. The difference lies simply in what vehicle they use to manage their assets. Hedge fund and mutual fund managers use primarily single stocks, while ETF asset managers primarily use ETFs. ETF asset managers have seen tremendous growth, going from $0 to $63 billion in recent years. This growth has been and will continue to be driven by performance, as well as the liquidity, transparency, and diversification that ETFs provide.TOPICS: Exchange-traded funds and applications, mutual fund performance, manager selection ER -