December 20, 2012 at 10:03 AM EST
Self-Indexing Trend Raises Conflict-of-Interest Concerns for ETFs
More ETF managers are opting to use in-house benchmarks for their funds to cut costs, but the trend is raising concerns about conflicts of interest in the $1.3 trillion industry. Some ETF firms are deciding to manage their own indices rather than pay benchmark licensing fees to third-party...
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