ETF managed portfolios see good growth

The growth of these strategies has been taking place for a number of years but there is limited information on how far it has gone. Morningstar is collecting information, starting in the US market; it currently has 330 strategies in its data base, with assets under management exceeding $22bn. More than 30% of those have been launched in the last three years. The number of new strategies has slowed, however: "What you are seeing is assets continue to flow to these strategies as financial advisers and institutions are using ETFs as a core part of their investment process," says Andrew G...