ETF attivi ed ETF attivi non trasparenti: struttura e comportamento durante lo shock pandemico

Milena Migliavacca; Andrea Paltrinieri; Matteo Pegoraro; Maurizio Polato

ETF attivi ed ETF attivi non trasparenti: struttura e comportamento durante lo shock pandemico

Translated title of the contribution: Active ETFs and non-transparent active ETFs: structure and behavior during the pandemic shock

Milena Migliavacca
, Andrea Paltrinieri
, Matteo Pegoraro
, Maurizio Polato

Research output: Contribution to journal › Article

Abstract

Exchange-Traded Funds are financial instruments that replicate a benchmark. Their main strengths are costeffectiveness,\r\ntransparency and liquidity. The great success of Etfs has attracted new issuers and has prompted\r\nmanagement companies to diversify by launching actively managed Etfs of increasing complexity, starting with the\r\nfirst Smart Beta Etfs in 2000 and then arriving at the first Active Etf in 2008 and, finally, the Non-Transparent Active\r\nEtfs in March 2020.The aim of this work is to illustrate the structure of Active Etfs, analyzing their possible evolutions\r\nin the light of the introduction of Non-Transparent Etfs, also considering the pandemic shock

Translated title of the contribution	Active ETFs and non-transparent active ETFs: structure and behavior during the pandemic shock
Original language	Italian
Pages (from-to)	77-84
Number of pages	8
Journal	RIVISTA BANCARIA. MINERVA BANCARIA
Volume	2021
Issue number	10
Publication status	Published - 2021

Keywords

etf
etf attivi non trasparenti
pandemia

Cite this

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title = "ETF attivi ed ETF attivi non trasparenti: struttura e comportamento durante lo shock pandemico",

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keywords = "etf, etf attivi non trasparenti, pandemia, etf, etf attivi non trasparenti, pandemia",

author = "Milena Migliavacca and Andrea Paltrinieri and Matteo Pegoraro and Maurizio Polato",

year = "2021",

language = "Italian",

volume = "2021",

pages = "77--84",

journal = "RIVISTA BANCARIA. MINERVA BANCARIA",

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number = "10",

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TY - JOUR

T1 - ETF attivi ed ETF attivi non trasparenti: struttura e comportamento durante lo shock pandemico

AU - Migliavacca, Milena

AU - Paltrinieri, Andrea

AU - Pegoraro, Matteo

AU - Polato, Maurizio

PY - 2021

Y1 - 2021

N2 - Exchange-Traded Funds are financial instruments that replicate a benchmark. Their main strengths are costeffectiveness,\r\ntransparency and liquidity. The great success of Etfs has attracted new issuers and has prompted\r\nmanagement companies to diversify by launching actively managed Etfs of increasing complexity, starting with the\r\nfirst Smart Beta Etfs in 2000 and then arriving at the first Active Etf in 2008 and, finally, the Non-Transparent Active\r\nEtfs in March 2020.The aim of this work is to illustrate the structure of Active Etfs, analyzing their possible evolutions\r\nin the light of the introduction of Non-Transparent Etfs, also considering the pandemic shock

AB - Exchange-Traded Funds are financial instruments that replicate a benchmark. Their main strengths are costeffectiveness,\r\ntransparency and liquidity. The great success of Etfs has attracted new issuers and has prompted\r\nmanagement companies to diversify by launching actively managed Etfs of increasing complexity, starting with the\r\nfirst Smart Beta Etfs in 2000 and then arriving at the first Active Etf in 2008 and, finally, the Non-Transparent Active\r\nEtfs in March 2020.The aim of this work is to illustrate the structure of Active Etfs, analyzing their possible evolutions\r\nin the light of the introduction of Non-Transparent Etfs, also considering the pandemic shock

KW - etf

KW - etf attivi non trasparenti

KW - pandemia

KW - etf

KW - etf attivi non trasparenti

KW - pandemia

UR - https://publicatt.unicatt.it/handle/10807/204560

M3 - Articolo

SN - 1594-7556

VL - 2021

SP - 77

EP - 84

JO - RIVISTA BANCARIA. MINERVA BANCARIA

JF - RIVISTA BANCARIA. MINERVA BANCARIA

IS - 10

ER -

ETF attivi ed ETF attivi non trasparenti: struttura e comportamento durante lo shock pandemico

Abstract

Keywords

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