Market Experts: ETF Closures Are “Healthy” for the Industry
November 21, 2019 at 11:18 AM EST
According to research firm CFRA, ETF assets have risen by 90% the last five years, but when delving deeper into those numbers, another stat jumps out in particular: about 25% of ETFs have shut down shop. However, market experts feel this only makes for a healthy ETF industry. “Asset managers have...