Europe’s passive funds will be given a boost in 2018 at the expense of active funds thanks to Mifid II’s drive for transparency on costs, according to research firm Cerulli Associates.
Exchange traded fund (ETF) assets are set to triple within the next decade and their market share could be north of 35% within five to 10 years, according to European product builder HANetf.
2016’s record inflows into ETFs contrasted sharply with another year of net outflows from the hedge fund industry, according to new data from ETFGI, an independent research and consultancy firm.
Index-tracking products continued to rise in popularity in 2015. According to data collated by research consultancy ETFGI, ETFs listed in Europe gathered a record amount of new assets in 2015.
ETFs and ETPs listed in Europe are gathering net new assets 13% faster than in previous years, according to research consultancy ETFGI.
European-listed ETFs and ETP assets reached a record high at the end of August of $477.4bn, according to ETFGI.
As alternative beta products become available to smaller investors, what are the potential benefits and pitfalls of the approach? By Will Jackson