24.11.2008 - In dismal market, ETFs take on added allure |
From Investmentnews.com: In the current economic maelstrom, exchange traded funds are beating mutual funds in the fight for investor dollars — a battle that will have long-term implications for the asset management industry. In September and October, investors put $61 billion more into U.S. ETFs than they took out, while a net $126.7 billion flowed out of stock and bond mutual funds, according to Barclays Global Investors of San Francisco..... Full Article: Source |