FYI: The ETF market will continue to grow according to 92 per cent of respondents in the EY 2018 ETF Research, released today. In addition to the expected growth, 65 per cent believe that active managers and/or asset management arms to large banks will enter the ETF market.
China is being labelled the ‘gamechanger’ to the ETF market as the vast majority (97 per cent) of the study believe the Chinese market will reach $100bn in AUM in the next five years. A key driver for this decision is the launching of ETF Connect, the cross-border project which enables Chinese investors to invest in overseas assets via ETFs listed in Hong Kong. A more promising two-thirds believe the market will reach $100bn within three years.
Regards,
Ted
http://www.etfstream.com/news/5413_chinese-market-expected-to-be-etf-gamechanger
