Australia’s Macquarie Asset Management has rolled out its first actively managed exchange traded funds that will compete with a growing number of global managers that have also listed active ETFs in the market. The Macquarie Dynamic Bond Active, Macquarie Income Opportunities Active and Macquarie Walter Scott Global Equity Active ETFs are listed on ASX. The launches follow hot on the heels of US asset management giant Dimensional Fund Advisors entry into the Australian market with its own suite of active ETFs.
The Wall Street firm's estimates mean that Microsoft could instantly recoup its $13 billion investment in ChatGPT-maker OpenAI.
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