Filed Under:Life Insurance, Life Planning Strategies

ETF assets grew to $1.6 trillion in October

Mutual fund assets in October also grew, rising to $10.7 trillion from $10.4 trillion, a 2 percent gain.
Mutual fund assets in October also grew, rising to $10.7 trillion from $10.4 trillion, a 2 percent gain.

The news about exchange-traded funds has been almost uniformly positive in 2013. Notwithstanding a slowdown in investor adoption of ETFs in Asia, as LifeHealthPro reported in September, demand for the vehicles has mostly been on the upswing.

One indicator of the market’s expansion is the rollout of passively managed ETFs, an outgrowth of rising investor demand for alternative vehicles that can help optimize the risk-adjusted performance of portfolios. More than eight in 10 sponsors of the products (86 percent) say they’re now developing passive ETFs.

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Nichole Morford

Nichole Morford
Managing Editor

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