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  • Exchange-Traded Funds and the New Dynamics of Investing

Exchange-Traded Funds and the New Dynamics of Investing

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Exchange-traded funds (ETFs) have grown substantially in size, diversity, and market significance in recent years, generating considerable interest from investors, academics, regulators and the press. Ananth Madhavan examines in-depth the drivers for the rise of ETFs against the background of interest in passive index investing.
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