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Active Stock Fund Managers Load Up On ETFs, Scrimp On Cash

TedTed
in The Bullpen
FYI:
If you can't beat them, buy them.

That's the theory underlying a move by a growing number of mutual fund managers at companies including T. Rowe Price and Eaton Vance to slip shares of indexed exchange traded funds into their actively managed fund portfolios.
Regards,
Ted
http://www.reuters.com/article/2015/05/22/us-funds-etfs-cash-idUSKBN0O70AA20150522
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