14.01.2016 - European ETF Assets to Reach EUR1tr by 2020
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
Print