How Eaton Vance’s Move Alters The Active ETF Landscape

On November 22nd, Eaton Vance put out a press release that announced the purchase of assets of Managed ETFs LLC, a company co-founded by Gary Gastineau. Gastineau is also the principal at ETF Consultants and has been behind the formulation of “NAV-based trading” – a trading mechanism for ETFs that could allow actively-managed ETFs to maintain portfolio confidentiality, a solution considered the