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ETF assets make up a sliver of these asset managers' overall business, but their own stock performance bears watching.
We spend a lot of ink (electrons?) in this column evaluating exchange traded products. Not much space is devoted to the issuers of these investments. We aim to rectify that oversight today. And we intend to look at these firms as investments in their own right. A couple have provided market-beating returns in 2019 and all seem poised for gains, to one degree or another, next year.
There are a half-dozen publicly traded ETP issuers in