Asset Management Counsel Ed Baer Discusses Mutual Fund to ETF Conversions in MarketWatch
Insights from asset management counsel Ed Baer are included in an April 14 MarketWatch article titled “Will mutual funds get a second wind... as ETFs?” that discusses whether a coming wave of mutual funds being converted into ETFs as inevitable. “[T]o the extent that the ETF is a better vehicle, it would be great if managers could do conversions. Someone just has to do the first one. No-one has taken the plunge yet because it will be time-consuming and difficult,” Ed said.
The article also cites a whitepaper co-authored by Ed, and asset management partners Brian McCabe and Jeremy Smith titled “Converting Traditional Open-End Funds into ETFs.”