Are ETFs useful in portfolios? Asset owners share their views

Divergent views about the relevance of exchange-traded funds (ETFs) in portfolios emerged at a lively panel discussion at AsianInvestor’s Asia Investment Summit in Hong Kong on May 23. The panel discussion witnessed three asset owners - a pension fund, an insurer and endowment fund -- explore the usefulness of ETFs in portfolios. Kevin Liem Masan Capital “The topic of active versus passive has definitely been coming back in recent months, mainly because in the past y…