ETFs less popular with institutional investors

While retail investors continue to invest in Exchange Traded Funds (ETFs) as a transparent and low-cost investment vehicle, the latest European Institutional Asset Management Survey (EIAMS) indicates that institutional investors prefer alternative cost-saving solutions such as segregated passive accounts or derivatives. According to the survey,  the popularity of ETFs has slipped noticeably with 28% of respondents used ETFs in 2010, down from 34% in 2009. The annual survey, whose main focus is on European pension funds and insurance companies, points to an ongoing increase in fixed income a...