Record demand for European ETFs set to bring product diversification

Following record demand in 2015, this year will see ETFs diversify further to meet investor needs, according to David Hazelton, head of business development at Raymond James

The meteoric rise of exchange-traded funds (ETFs) over the past decade in both the retail and institutional investor space is one that is hard to ignore. According to data from ETFGI, a record $48.4bn in net new assets was gathered in Europe in the first seven months of 2015. This is still relatively low compared to the current US market leaders which gathered $125bn. UK-based wealth and asset managers believe increasing demand for ETFs in the past year is due to their tax efficient nature, low cost, transparency and ability to add diversification to a portfolio. The case for ETFs ...