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Wealth Adviser: Assets in ETFs Now Top Those of Hedge Funds

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It’s a new milestone for exchange-traded funds and related products: Their assets surpassed those of hedge funds in the second quarter, the first quarter in which they’ve done so, writes Wealth Adviser at WSJ.com. Assets in exchange-traded funds and products globally were $2.971 trillion at midyear, according to ETFGI LLP,…

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