Actively seeking alpha with AdvisorShares

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According to figures provided by Maryland-based AdvisorShares, active exchange-traded funds (ETFs) spiked in popularity in the first quarter of 2013, increasing their collective assets under management (AUM) by nearly 30%. In March, the seven-year-old firm completed its eighteenth active ETF launch, a short-duration fixed-income fund overseen by Newfleet Asset Management. With 14 employees spread across Los Angeles, Dallas and Bethesda, Maryland, AdvisorShares trails just Pimco and WisdomTree in

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