By: ETF Trends
July 08, 2013 at 11:06 AM EDT
More ETFs Closing as Industry Consolidates
More ETFs are being weeded out as the global $2 trillion business matures and consolidates. A record 117 ETFs have closed in the first half of this year, the Financial Times reports, sourcing data from independent research firm ETFGI. There are nearly 5,000 exchange traded products listed around...
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