| The ETF industry has come a long way in 23 years, and indications are that it's only going to get bigger — a lot bigger. If projections from a PwC survey released this week hold up, assets for exchange-traded funds will nearly triple in the U.S. and more than double globally over the next five years.
That comes after a decade of rapid expansion for an industry that has benefited from low costs and an ever-increasing array of new products in hot demand by institutional investors, and increasingly by the retail crowd as well. The survey of more than 60 firms in 2015 showed that global ETF assets likely are going to jump from $3 trillion to $8.2 trillion, with the U.S. portion of those assets moving from $2.3 trillion to at least $6.2 trillion by 2021...............................................Full Article: Source
|