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By Bernard Lhoest (picture), Banking and Capital Markets Leader, EY Luxembourg Pierre Kempeneer, Senior Manager, EY Luxembourg
Exchange traded fund (ETF) businesses expect to grow by nearly 18% per year for the next three to five years, as they continue to gain market share from traditional active asset managers and passive mutual funds, institutional investors increasing their allocations to ETFs, and innovative products driving growth, according to the EY Global ETF Survey 2015: a positive force for disruption.
The EY survey includes nearly 80 leading promoters, investors, market makers and service providers across the US, Europe and Asia between July and September 2015. The respondents collectively represent issuers managing more than 85% of...
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