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|Source:||Source Media, Inc.|
About 14% of U.S. pension funds, endowments and foundations used ETFs last year, according to a yearly study by
Almost 55% of institutions said that they expected to use ETFs more, including a fifth that expected their ETF assets to grow by 5% to 10%. About 20% said they would invest less money in ETFs.
Globally, iShares is the largest ETF provider in terms of both number of products (476 ETFs) and assets (
Regulators are noticing a surge in products that may not meet the basic features of an ETF.
“We seeing funds calling themselves ETFs which: 1) do not provide transparency on their underlying portfolios; 2) do not offer in-kind creation/redemption; and 3) do not have real-time indicative Net Asset Values (NAVs),”
“There are also products that are not even funds which are being called ETFs.” Hedge funds and stock-picking funds are sometimes presented in an “ETF wrapper without maintaining the above basic features of an ETF.”