“While the anticipated tax changes in 2013 may not have an immediate impact on ETF industry growth, there will be implications for how advisors are managing their clients’ portfolios,” Belden added. “The potential benefits of fixed income ETFs, such as liquidity and convenience, will be a significant impetus to advisors’ increased usage of fixed income ETFs.”
“ETFs provide access to virtually every market segment, in a cost-effective and tax-efficient manner, and represent a key evolutionary development in the growth of the asset management industry,” Anthony Davidow, Managing Director and Portfolio Strategist at Guggenheim Investments, said in the article.
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.