Assisted By "Smart Beta" Trend, ETF Assets Hit New Record High
ETFs, those low cost investment vehicles once considered a “passive” method to catch market beta, have grown to $2.76 trillion in assets under management. The train is not expected to stop, as a report from ETFGI research says assets are anticipated to break through the $3 trillion mark by the first half of 2015.
In November alone, asset flows into ETFs swelled to $42 billion as year to date
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