The European exchange-traded industry had a record year in 2015 and could reach 1 trillion in assets under management by 2020 according to Morningstar, the fund research provider. Jose Garcia-Zarate, senior ETF analyst with Morningstar Europe, said in a report that the region had record net inflows of 70.8bn last year, 39% more than the previous high of 51bn in 2008.
As a result, total assets under management in European exchange-traded products grew by 24% from 2014 to 467.4bn at the end of last year. Together with 2014 another year of high inflows by historical standards the data seems to indicate that the European ETF industry has entered a phase of strong growth, thus giving credence to industry predictions that foresee assets under management hitting the 1 trillion mark by 2020, added Garcia-Zarate...............................................Full Article: Source
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