Exchange-traded products (ETPs) have dramatically increased in popularity over the past decade and become the focal point of many portfolios.
ETPs are typically passive investments that are benchmarked to an index. Actively managed ETPs, however, are also gaining in popularity. ETPs have grown from $70 billion in assets in 2000 to $1.08 trillion in 2011, and the number of products has grown from 89 in 2000 to 1,359 in 2011.
Reason for Growth
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