| From WSJ: Things are getting rough for some companies that sponsor exchange-traded funds. On the surface, ETFs seem to be showing solid growth. Since the banner year of 2007—when 270 new ETFs hit the market—more than 100 new funds have been introduced annually. What's more, the funds as a whole are continuing to attract investors.
Yet there's another trend at work that's offsetting some of that growth. Some companies, particularly smaller entrants to the field, haven't been able to pull in enough investor money to break even on their funds—so they're pulling the plug on their portfolios...........................................Full Article: Source
|