Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Pimco, the California-based investment giant, continues to dominate active ETF market share. But First Trust is nipping at its heels. After co-founder Bill Gross' departure, Pimco continues to see outflow from its actively managed, fixed-income exchange traded funds. Investors pulled $312.8 million from Pimco products in November as its market share eroded by 4%. First Trust attracted $1.08 billion in November inflow, up from roughly $600 million
Pimco, the California-based investment giant, continues to dominate active ETF market share. But First Trust is nipping at its heels. After co-founder Bill Gross' departure, Pimco continues to see outflow from its actively managed, fixed-income exchange traded funds. Investors pulled $312.8 million from Pimco products in November as its market share eroded by 4%. First Trust attracted $1.08 billion in November inflow, up from roughly $600 million
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