2012's record number of ETF closures may be a good sign.
So speculates State Street
]ETF Strategist David Mazza
in an interview with Index Universe
, Mazza said "the closures are a sign of health in the long run." He says this is "because sponsors are focusing on products that show growth potential."
This year, Mazza thinks education will still be important in the ETF space. And he expects more product innovation particularly in the fixed income ETF space.
He added " I think 2013 will be a year where active management will also pick up some pace as investors better understand these products."
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