US equity exchanged traded funds (ETFs) were the preferred product for European investors looking at the ETF market in 2017, accounting for 15% of the market’s assets under management (AUM), according to Thompson Reuters Lipper research.

US equity exchanged traded funds (ETFs) were the preferred product for European investors looking at the ETF market in 2017, accounting for 15% of the market’s assets under management (AUM), according to Thompson Reuters Lipper research.
Investors have continued to funnel astronomic amounts into passive funds across the globe this year, with Vanguard leading the way. Meanwhile, Goldman Sachs AM (GSAM) has been suffering its worst streak of outflows on record.
Warren Buffett, the ‘Sage of Omaha’, has attacked the high fees levied by active fund managers while lavishing praise on his “hero”, Vanguard founder Jack Bogle.
European exchange traded fund providers are bullish on the demand outlook for “smart beta”, and are likely to increase the pace of product launches in this area, according to Cerulli Associates
Continental European asset managers risk losing market share to US and UK rivals, according to a report from The Boston Consulting Group
Part of the Mark Allen Group.