27.10.2016 - Europe Races into ETF Fast Lane
The U.S. market for exchange-traded index funds, or ETFs, is significantly larger than its European counterpart. But Europe is catching up – and increasingly going its own way. Exchange-traded index funds, or ETFs, are marketable securities that track an index, commodities, bonds or a group of assets. They can be traded like common stock on an exchange and are considered especially transparent. So it was all the more surprising when the investment company Eaton Vance brought a new ETF to the U.S. market early this year — one that runs counter to the claim of transparency made by traditional index funds........................................Full Article: Source
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