17.11.2016 - ETF, A Rising Star In The Investment Universe
Exchange-traded funds (ETFs) have solidified their position as one of the successful financial innovations of recent years, having become a strong alternative to mutual funds and other financial products. Since its inception in 1993, the ETF market has grown significantly, reaching USD 3.2 trillion in assets worldwide in August 2016. The European ETF industry represents USD 533 billion2 in assets and has tripled over the last 10 years. Based on client demand for low-cost products, the ETF market will continue to grow rapidly, perhaps doubling in size within the next eight years...............................................Full Article: Source
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