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Among active ETFs filed by 18 fund managers in the first batch, 17 use a securities-settlement model and one does not. Product management is mostly single-manager; only 3-4 funds are co-managed by two managers. Custody is dominated by banks, with a s

2026-07-17

Among active ETFs filed by 18 fund managers in the first batch, 17 use a securities-settlement model and one does not. Product management is mostly single-manager; only 3-4 funds are co-managed by two managers. Custody is dominated by banks, with a small number of products custodied by securities firms.

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