08.02.2016 - The $2trn question: Why have ETFs failed to catch fire in the UK?
Exchange traded funds (ETFs) have attracted $2trn in the US, but despite the sweeping away of commission that was expected to open up the British market, UK advisers are reluctant mirror their American cousins. ETFs have been a monumental success since the first US listing in 1993. Globally over the last ten years, assets under management in ETFs have grown by 600% to over US$3trn. But in the UK, the growth of ETFs is limited mainly to the institutional arena; we have not seen their adoption by retail markets and among advisers. Many UK advisers remain entrenched in the use of active vehicles...............................................Full Article: Source
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