You are here: Home - Saving & Banking - News -

Provider predicts ETF growth in 2008

Written by:

This will be the ‘year of the exchange-traded fund’ (ETF), according to provider, SPA ETF.

Thanks to many more ETF launches in 2008, providers will take a substantial amount of business from traditional fund managers, according to Daniel Freedman, director pf SPA ETF.

In 2007, there were 100 ETF launches across Europe and there are now more than 120 listed on the London Stock Exchange alone. The US currently has 533 ETFs with US$530.5bn invested in the products. Europe has 386 ETFs with a total US$125.9bn of assets under management, according to SPA ETF.

Freedman added: “A likely milestone for 2008 will be the advent of the first actively managed ETF being launched in the US. The efficiency that has helped establish the ETF platform may attract existing providers of actively managed funds to the ETF arena, as they look to protect their market share.

“In 2008 we also believe the US providers of ETFs will start to list in Europe and the rest of the world as they search for profitable avenues for future growth, improving the competitiveness and attractiveness of the ETF market around the globe.”

Related Posts


Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Investment levels increase in 2007

Investment funds and ISA funds under management both saw a monthly and an annual increase in December 2007, the latest...