CHICAGO – As alternative products grow to record levels, analysts expect continue downward pressure on fees.
Now with a combined $707 billion in assets across 1,320 total products, the global strategic-beta exchange-traded product market has swelled 28.4% in the last year since June 2016, Morningstar reported at its eighth annual ETF Conference. In the U.S., 650 total products now account for $620 billion in combined assets, or 88% of the cumulative strategic-beta market.
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