Smaller Funds Are Calling It Quits in the Increasingly Competitive ETF Industry
July 10, 2019 at 11:04 AM EDT
As the ETF universe expands with over 2,200 ETFs trading in the market, it is growing harder and harder for smaller money managers to maintain their ETFs in an increasingly competitive market. A record 58 ETFs have been liquidated or closed up in the six months through June, marking the...