“Our clients want the best fee-adjusted and tax-adjusted returns,” Carol Schleif, a regional chief investment officer of asset management for Abbot Downing, said in the article. “If an ETF will deliver that, we’ll recommend the ETF.”
Moreover, ETFs also provide exposure to hard-to-reach areas. For instance, in 2012, Abbot Downing used ETFs to access the Eurozone when its global equity managers were light on the E.U. [Advisors Favor ETFs for Tactical Trades]
For more information on ETF asset flows, visit our ETF performance reports category.
Max Chen contributed to this article.