ETF links: locked-in valuations February 13, 2017 Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at the history of the first ETF. ETF links Seth Klarman on the risk of ETFs "locking in" current relative valuations. (bloomberg.com) TweetPocketInstapaper Actively managed ETFs had a good start to the year. (etf.com) TweetPocketInstapaper "Pure" ETFs avoid the issue of style drift with active managers. (etf.com) TweetPocketInstapaper ETF liquidity: a market maker's perspective. (advisors.vanguard.com) TweetPocketInstapaper How it is that ETFs are more tax-efficient. (thebackcourtreport.com) TweetPocketInstapaper There will soon be an ETF that tracks the S&P Long Term Value Creation Global Index. (ft.com) TweetPocketInstapaper Where the money is made in the ETF business. (etf.com) TweetPocketInstapaper You can support Abnormal Returns by visiting Amazon, signing up for our daily newsletter, liking us on Facebook or following us on Yahoo Finance, LinkedIn, Medium, StockTwits and Twitter.