FYI: So-called ETF managed portfolios took a step back in the third quarter.
Total assets for the group–managers that build portfolios using exchange-traded funds–fell 6% to $96, from June through September, according to Morningstar’s Ling-Wei Hew. Morningstar includes 677 strategies from 143 firms in its tabulation.
Growth has come back down to Earth after surging 40% in 2013. Total assets for ETF managed portfolios were flat at $102 billion in the second quarter. ETF managed portfolios have become popular with financial advisers looking to help clients manage their money.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2014/11/21/assets-decline-for-etf-managed-portfolios-in-3q/tab/print/
