ETFs grow but education needed

UK – The exchange traded fund (ETF) market is set to pass the US$1trn mark next year, but greater investor understanding of the different types of ETF vehicle available is needed, iShares has said. The company said the rapid growth was based on the liquidity, transparency and simplicity of ETFs, but added the market could risk fracturing. European ETF assets themselves are predicted to rise to over $200bn from $155bn. Rory Tobin, CEO, iShares Europe, said: "The European market is growing at a rapid rate. For investors, a critical question is whether they understand the key differences...