Money managers in the world’s largest exchange-traded fund market predict the share of active products in ETF portfolios will rise to 26%, up from 19% today, according to a survey by JPMorgan Asset Management.
Almost $1.7 billion was added to the Invesco QQQ Trust exchange-traded fund, ticker QQQ, in the final two days of last week, but the NASDAQ keeps falling.
According to a new study, hundreds of strategies that showed significant outperformance in backtesting are failing to live up to their hype once they are packaged up and sold as exchange-traded funds.