Passive, Low-Cost ETFs Attract Record Inflows

Exchange traded fund providers are attracting record inflows as more investors look to low-cost, passive index-based products to track market moves. BlackRock Inc., the world’s largest asset manager and largest ETF provider, is experiencing record cash inflows, bringing in $140 billion to its iShares business last year, Bloomberg reports. Vanguard Group, the second largest ETF…Click to read more at