Mutual Fund to ETF Conversions Surge
(Bloomberg) — Mutual funds are bleeding assets anew, just as their ETF cousins break fresh records. Now, firms from Lazard to Aberdeen Group Plc. are pushing to convert traditional funds into exchange-traded ones, even as regulators look poised to bless a structure that would allow both to coexist in peace. The number of mutual funds being converted into ETFs […]
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