Trend in the ETF industry you'd most like to see. Noel Archard: Expansion into interesting venues such as the 401(k) market.
Rick Ferri: Lower management fees on new ETFs, because fees continue to creep higher.
Jim Wiandt: Lower fees as scale grows.
Trend you'd most like to see end. Archard: Too many folks boil their choice of ETF down to one metric.
Ferri: Fund providers labeling active-management strategies as "indexes."
Wiandt: The throw-it-on-the-wall-and-see-what-sticks mode of product development.
Actively managed ETFs: Gimmick or idea whose time has come? Archard: Initial forays are a good evolutionary first step, but we're not there yet.
Ferri: Most ETFs launched since 2003 follow active management strategies. The time has come to drop the indexing mask and call these strategies by what they are.
Wiandt: If the tax- and cost-efficient structure of ETFs works for index funds, it works doubly for active management.
Next big thing in ETF investing. Archard: Something my teams are working on, so I can't go into details!
Ferri: ETF companies closing funds that have not reached a profitable asset level.
Wiandt: ETNs and ETFs packaging institutional strategies and scale for retail investors.