Beyond Indexing: ‘Alpha’ ETFs Threaten Mutual Funds
June 28, 2012 at 16:00 PM EDT
Exchange traded funds are becoming a larger threat to the asset pool of traditional mutual funds because of their ability to do more than passively track an index. Many of the newer ETFs on the market are aiming at outperforming an index, or gaining alpha, according to a recent report. “It ends up...