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World’s Hottest Funds Make No Money For Most Managers In Europe

TedTed
in The Bullpen
FYI: Being in the hottest part of the investment universe doesn’t necessarily pay.

Exchange-traded funds, or ETFs, based in Europe have doubled assets in the past five years to 550 billion euros ($584 billion), though the market remains so fragmented that less than a third of them are big enough to make money for the manager, based on figures from U.S. company Vanguard Group Inc.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-04-12/world-s-hottest-funds-make-no-money-for-most-managers-in-europe
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