Why BlackRock’s Rick Rieder says investors ‘underestimate’ active fixed income ETFs

(CNBC) BlackRock Chief Investment Officer of Fixed Income Rick Rieder said investors underestimate actively managed fixed income exchange-traded funds. “The beauty of this active ETF is we can move around and take advantage of where the opportunity is,” said Rieder, who manages roughly $2.6 trillion in fixed income assets. “I think active ETFs in fixed income, people underestimate.”

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