Fresco ETFs

[IMG]UBS to Resign as Manager of Fresco ETFsUBS to Resign as Manager of Fresco ETFs
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UBS to Resign as Manager of Fresco ETFs
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The inability of the Fresco ETFs to attract much interest highlights a key challenge facing ETF firms: Despite the sector's rapid growth, new ETFs often have a difficult time gaining ground on established offerings in the same market segment.SSgA has run into similar problems with its StreetTracks family of style-specific ETFs.
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SSgA currently manages more than $61 billion in about 40 different U.S. and international ETFs.

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