Assisted By "Smart Beta" Trend, ETF Assets Hit New Record High

ETFs, those low cost investment vehicles once considered a “passive” method to catch market beta, have grown to $2.76 trillion in assets under management.  The train is not expected to stop, as a report from ETFGI research says assets are anticipated to break through the $3 trillion mark by the first half of 2015.

In November alone, asset flows into ETFs swelled to $42 billion as year to date asset inflows of $275.3 billion are breaking records, according to the report, published on the Thompson Reuters Alpha Now web site.

Strong European ETFs

European ETF flows have been strong, breaking records as well, but have not...