Large active asset managers are seeking to expand their ETF portfolio and have filed applications with the SEC for both active and passive investments . Other firms , including Janus Capital and New York passive asset Management , have recently made investments to enable them to enter the securities market .
Large active asset managers are looking to expand their ETF offerings and have filed applications with the SEC for both active and passive funds. Other firms, including Janus Capital and New York Life Investment Management, have recently made acquisitions to enable them to enter the ETF market.