20.08.2015 - How ETFs Passed Hedge Funds in Assets
At the end of the second quarter this year, assets in global exchange traded products surpassed those of hedge funds. It was a major milestone for the ETF industry which is just about 25 years old while hedge funds have been around for more than 66 years. According to London based ETF consulting firm ETFGI, assets in global ETF industry totaled US$2.971 trillion at the end of Q2 2015, while assets in the global hedge fund industry, were US$2.969 trillion. Reasons for the surging popularity of ETFs are not difficult to understand. Most ETFs are low-cost, transparent and tax-efficient products that track the performance of an index...............................................Full Article: Source
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