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BlackRock: ETF ‘Managed Portfolios’ Are Way More Ubiquitous Than Previously Estimated

FYI: BlackRock on Tuesday estimated that some $350 billion in assets are tied up in so-called ETF managed portfolios. The fund company contends that this number will double by 2020 as more investors buy into pre-packaged portfolios in particular and as “multi-asset” strategies, including target-date mutual funds, use more ETFs generally.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/03/01/blackrock-etf-managed-portfolios-are-way-more-ubiquitous-than-previously-estimated/tab/print/
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