Exchange Traded Funds was the topic of this month"s International Investment roundtable which saw some of the major European ETF players discuss the past, present and future of this growing asset class
History of the Industry Adam Seccombe, business development director for Barclays Global Investors, London: "ETFs have been around just over 10 years. They have been in Europe just over three years and the rate of growth in those three years within Europe outstrips the rate of growth in the US. So it is fair to say that Europe has been growing in a compressed time frame compared to what we saw in the US. "The experience with launching the QQQ in 1999 in a very strong bull market led to the explosion of ETF assets. However, because some US ETFs are very big - like the Spider, which ...
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