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Alternative strategies thrive in increasingly competitive ETF market

Posted on 10 October 2013

A new report from Bank of Montreal’s Global Asset Management group says competition in the Canadian exchange traded fund industry is heating up, with new entrants popping up and larger providers conceding market share.
According to the report, smaller players, which include everyone but dominant fund seller BlackRock Inc., increased their share of Canada’s ETF business from 26 per cent to 32 per cent in the first nine months of the year. BMO Global Asset Management issued its bi-annual ETF outlook report on Tuesday………………………………………..Full Article: Source


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