The 10th anniversary of the first UK ETF sees the product marking its birthday in rude health. They remain one of the fastest-growing vehicles in the financial services industry, writes Simon Doherty of Quilter
This year marks the 10th anniversary of exchange-traded funds (ETFs) in the UK. It is a decade that has provided a tumultuous backdrop for risk assets, starting with the peak of the technology bubble, blighted by the market turbulence of conflict and natural disaster before culminating in retreat from the brink of near-synchronised financial collapse. Despite such headwinds, the inexorable asset growth of ETFs is one investment theme that has continued apace throughout recent years. Indeed, according to BlackRock’s latest ‘Landscape Industry Review’, the compound annual growth rate for E...
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