| Mike Deverell of Equilibrium Asset Management says exchange traded funds have brought consumers huge benefits, but threaten to undermine the market.
Exchange traded funds (ETFs) have experienced a huge boom over the past few years, with the market now being worth more than £1 trillion. The rise of ETFs has been positive in many ways, but the Financial Services Authority and Bank of England have expressed concern that many investors do not understand the risks involved. There is even some speculation that the next big mis-selling scandal could involve these funds..............................................Full Article: Source
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