##  [# Hot Reads: Active ETFs Could Hit $3T in 5 Years ](/sections/daily-hot-reads/hot-reads-active-etfs-could-hit-3t-5-years) 

 

# Hot Reads: Active ETFs Could Hit $3T in 5 Years 

 

 

 Plus, Strive’s Ramaswamy files to run for GOP presidential nominee in 2024.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Feb 22, 2023

 Edited by: Heather Bell

 

 

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[**Wall Street Asset Managers Vie for $3T Active ETF Prize**](https://www.bloomberg.com/news/articles/2023-02-21/wall-street-asset-managers-race-for-3-trillion-active-etf-prize?sref=MAODZZNF) (Bloomberg)   
 Active ETFs pulled in nearly one-third of the $49 billion flowing into ETFs this year.

[**Strive Asset Management’s Ramaswamy to Seek GOP Nomination**](https://www.ft.com/content/7ae86320-67c2-4edf-a6f0-ff33070e0f3d) (Financial Times)  
 Anti-ESG fund manager, whose firm issued the [**DRLL**](https://www.etf.com/DRLL) ETF, rails against “woke capitalism.”

[**Growth Opportunities Bubbling Up in EM**](https://www.institutionalinvestor.com/article/b8xk8p6h5y67xj/Growth-Opportunities-Are-Bubbling-Up-in-Hard-Hit-Emerging-Markets) (Institutional Investor)   
 Investors’ retreat across the globe has made it easier to identify opportunities in India, Brazil and other developing markets, argues Baillie Gifford’s Andrew Keiller.

[**How Much Is Enough to Retire Comfortably?**](https://awealthofcommonsense.com/2023/02/how-much-is-enough-to-retire-comfortably/) (A Wealth of Common Sense)   
 Investors around the globe told Bloomberg they needed at least $3 million.

[**Munger: Charging to Underperform Is ‘Deep Moral Depravity’**](https://www.evidenceinvestor.com/munger-charging-to-underperform-is-a-deep-moral-depravity/) (The Evidence-Based Investor)   
 The Berkshire Hathaway executive says investment managers charge big fees for things that aren’t doing their clients any good.

[**Global Passive Equity Funds Set to Overtake Active Funds**](https://www.bloomberg.com/news/articles/2023-02-21/global-passive-equity-funds-set-to-take-asset-crown-from-active?sref=MAODZZNF) (Bloomberg)   
 The fund industry is about to pass a symbolic milestone, according to Societe Generale.

[**A Warning From Walmart About the Health of the American Consumer**](https://www.economist.com/business/2023/02/21/a-warning-from-walmart-about-the-health-of-the-american-consumer) (The Economist)   
 The retail giant forecasts weaker sales that are below analyst expectations.

[**Unemployment Forecasts by Country in 2023**](https://www.visualcapitalist.com/mapped-unemployment-forecasts-by-country-in-2023/) (Visual Capitalist)   
 Weaker global growth, rising interest rates and inflation could weigh on global employment in 2023.



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [Active Management](http://www.etf.com/topics/active-management) 

 [Alpha-Seeking](http://www.etf.com/topics/alpha-seeking) 

 [Emerging Markets](http://www.etf.com/topics/emerging-markets) 

 [Retirement](http://www.etf.com/topics/retirement)