Inside ETFs: Cannibalizing mutual funds to reach the next $10 trillion | REUTERS

From Reuters.

Assets invested in exchange traded funds in the US hit a record $10 trillion earlier this year. It took nearly 30 years to reach that number and Citigroup’s Scott Chronert believes the next $10 trillion could come in faster as more money is cannibalized from mutual funds.
#News #Reuters #Newsfeed #etf #investing #investment #business #markets

👉 Subscribe: http://smarturl.it/reuterssubscribe

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en