FYI: Institutional investors could help run the next leg of growth in the exchange traded fund industry as more capitalize on the flexibility and low costs of the relatively new investment vehicle.
Large investors including pension funds and insurers are beginning to shift away from mutual funds and into ETFs, report Joe Rennison and Gavin Jackson for the Financial Times.
According to the Investment Company Institute, between 2007 and 2015, the U.S. equity mutual fund industry shrunk by $410 billion while U.S. domestic equity ETFs brought in $730 billion in net inflows.
Regards,
Ted
http://www.etftrends.com/2016/03/money-managers-fuel-etf-industrys-rapid-growth/
