Closures Outpace Prior Year; Launches Lag

Posted by on August 11th 2017 in Uncategorized | Be the first to comment!

By Staff This year in ETFs has been pretty busy so far, and it looks like we may be seeing a new peak level of closures by the time things shake out at the end of the year.
In terms of closures, there have been 63 through the end of July, with the largest batch coming from State Street Global Advisors, which shut down 19 funds on July 24. Interestingly, State Street has only launched one fund so far this year. …read more

Source:: Hard Assets Investor

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