FYI: Exchange traded products listed in the United States, including exchange traded funds, added just $2.4 billion in new assets last month, according to ETF research firm ETGI.
Still, net U.S. ETF inflows through the first eight months of the year were $127.5 billion and the U.S. ETF industry is now home to $2.03 trillion in combined assets under management, underscoring not only the industry's rapid growth, but investors' growing preference for passively managed products.
Regards,
Ted
http://www.marketwatch.com/story/active-management-mediocrity-continues-2015-09-10-14462320/print
