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Jul 24, 2015

Eurex

Financial Times: “Exchange traded funds grow bigger than hedge funds”

The level of assets in exchange traded funds has surpassed those held by hedge funds for the first time, highlighting how their explosive growth has upended the global fund management industry since the financial crisis, writes Joe Rennison in the Financial Times. Typically designed to track stock and bond indexes, ETFs have surged in popularity over the past few years, thanks to their low costs and transparent pricing. (Subscribers only)

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