Index products, especially exchange-traded funds, have soared in recent years, and that ascent is expected to continue.

Assets in ETFs and other indexed products will reach $10.4 trillion by 2017, up more than 100% since 2011, a new report from Tiburon Strategic Advisors predicts. In that same time period, those assets are seen increasing from a 7% to a 25% share of total world equity market capitalization while net flows rise by almost 100%, to $665 billion.

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