Reeling in the retail

The success of ETFs over the last 10 years has surpassed the expectations of even most industry experts. These funds have evolved from niche, institutional products to form a global market with over $1trn in assets and are increasingly gaining traction among retail investors. Indeed Pietro Poletto believes the growing appetite for ETFs among different investor types is due to the simplicity, transparency and cost efficiency of these vehicles. Although the more mature US market leads in terms of assets, Europe is certainly following suit and has exceeded the number of ETFs on offer in the...