Franklin Templeton signals entry into active ETF space

Franklin Templeton is in the process of launching new actively managed ETFs, according to a report from Ignites.com, a Financial Times publication.

The investment management firm is the latest active fund sponsor to file with the SEC to launch actively managed ETFs.

A spokesman told Ignites it’s following the growing interest in active ETFs, but the filing simply gives the firm the option to launch ETFs.

At the end of May 2012, Franklin Templeton had more than $680 billion in total AUM, comprised primarily of equity (39%), fixed-income (46%), and hybrid (15%) funds, according to Morningstar.com.