07.02.2014 - ETF assets to surpass hedge funds in 12-18 months
The exchange traded funds (ETF) industry could surpass the hedge fund industry in assets under management (AUM) in the next 12-18 months according to EY's Global ETF Survey. The report said while growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets - foreign currency share classes, fund of fund ETFs, new emerging market funds and commodity ETFs...............................................Full Article: Source
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