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 asset inflows of $275.3 billion are breaking records, according to the report, published on the Thompson Reuters Alpha Now web site. Strong European ETFs European ETF flows have been strong, breaking…