Can ETFs plug the river of outflows at Columbia Funds?
Fund firm plans to offer 17 active exchange-traded funds; weighed down by sagging interest in mutual funds
Columbia Management Investment Advisers is one of the fund firms that has suffered the most from investors' shift from mutual funds to exchange-traded funds. Now it's betting active ETFs could help turn around the outflow woes.
Columbia, the asset management subsidiary of Ameriprise Financial In
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