New research from Cerulli suggests that allocations to ETFs in fee-based portfolios have increased dramatically.
The 3Q issue of The Cerulli Edge – Managed Accounts Edition finds that ETF allocations have gone up from 2.8 percent in 2008 to 8.7 percent at the end of the second quarter of 2012.
"Advisors are allocating more to ETFs than ever before," said Patrick Newcomb, senior analyst at Cerulli. "In a little over 4 years, we've seen a nearly 6 percent growth in ETF allocations, which is a notable jump."
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