| Index-tracking funds are enjoying a revival as investor appetite for regional equities grows. Trading in such exchange-traded funds (ETFs) rose 39.4 per cent to $1.51 billion in the first half, from $1.08 billion in the same period last year. In contrast, the total turnover on the Singapore Exchange (SGX) inched up 6.2 per cent to $145.66 billion in the six months to June 30.
This marks a remarkable about-turn from the past three years when ETF activity declined. Total ETF turnover had fallen by 27.7 per cent last year to $2.35 billion from 2013's $3.25 billion, which was itself a 37 per cent drop from $5.16 billion in 2012...............................................Full Article: Source
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