ETF shake out may prune offeringsPosted by RJ and Makay on Oct 25, 2011 |
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In the first six months of 2011, 248 new Exchange Traded Funds (ETFs) hit the market. This brings the total number of ETFs to over 1,000. The industry seems to be thriving with these funds that offer easy access to a diverse range of investment opportunities. But a deeper look into the industry reveals that the ETF market may not be as healthy as it appears.
ETF
Though investment performance is important, a new study finds that it’s the soft traits that drive advisor loyalty to mutual fund providers. Gogent Research surveyed 1643 advisors this past spring to measure their degree of loyalty to their current providers and the likelihood of making future investments with those providers. Based on advisor responses, Cogent combined the two measures to develop a mutual fund provider commitment ranking.
Exchange traded funds (ETFs) are attracting wealthier, younger and more engaged investors than their mutual fund counterparts, according to a new joint study by Cerulli Associates and the Investment Company Institute (ICI). Advisors, for the most part, are not using a lot of ETFs, but investors who utilize them tend to represent the ideal advisor client.








