MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, March 19, 2013 Asset Allocation Fundsters, Beware ETF Portfolios Fundsters, watch out for model portfolios made out of ETFs. Writing in the pages of InvestmentNews, kasina chief Steven Miyao reports that managed portfolios of ETFs have grown more than 300 percent since the end of 2009, to $56.6 billion. He describes this young asset management niche as a threat to mutual funds' asset allocation offerings, particularly those full of active mutual funds. "ETF managed portfolios will continue to generate assets and fund firms will need to carefully consider their participation in this market," Miyao wrote. Printed from: MFWire.com/story.asp?s=43339 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |