Exchange-traded funds will continue to expand, fund executives said at the Investment Company Institute’s General Membership Meeting last week, Dow Jones reports.

They will continue to attract assets, chase niche markets and expand into new asset classes, such as commodities and currencies, with some of the biggest growth possible in fixed-income ETFs. “Fixed-income is hugely untapped,” said Noel Archard, head of iShares product development at Barclays Global Investors, which along with Vanguard, are the only two companies currently offering fixed-income ETFs.

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