Advisors are expected to up the exchange traded fund allocations in their clients’ portfolios in 2013, according to Cerulli's Exchange Traded Fund Markets 2013 report. The average allocation is expected to rise from 7.1% in 2011 to 7.8% in 2013.

Alec Papazian, associate director in Cerulli's asset management practice said: "This is notable because growth has been stagnant in previous years."

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