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Vanguard: Consider Combining Active, Passive

FYI: While it has been 25 years since the launch of the first ETF, many advisors use, and even prefer, active funds.

A recent Cerulli report found that one-quarter of advisors do not use ETFs, while an additional 60% use them lightly or moderately.1 Many of the advisors who are not wholly using ETFs are combining active and passive in client portfolios, said Daniel Wallick of Vanguard Investment Strategy Group.
Regards,
Ted
http://www.etf.com/sections/etf-industry-perspective/vanguard-consider-combining-active-passive?EXCMPGN=EX:PC:FAS:Sustaining
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