(MINT)

VettaFi sat down with Jerome Schneider, PIMCO's Head of Short-Term Strategies, at Exchange. Schneider discussed the potential benefits of active management and PIMCO's priorities in the space.

Despite the ETF industry's passive roots, active has stolen the show. Active ETF assets just topped the $1 trillion threshold, making up nearly 10% of the total ETF pie.

Stocks are holding firm near all-time highs. But Wall Street can't ignore the record amounts of cash still parked on the sidelines.