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Vanguard urges long-term approach to ETFs

Changing cost structures, greater client education and new attitudes towards ETFs are spurring growth in the region, according to James Martielli, head of portfolio review at fund manager Vanguard. ETFs in Hong Kong are highly popular retail instruments, but they should be utilised more as part of a broader, longer-term investment outlook, says Martielli. “ETFs should be treated as long-term investments….

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