A lack of knowledge about Exchange Traded Funds could mean advisers are missing a significant opportunity in asset allocation business, warns Barclays Global Investors.
Originally a product aimed at the institutional market, Barclays says ETFs are becoming increasingly popular within the retail market, particularly among high net worth clients who want to diversify their portfolio and have easy access to both fixed income and equity markets. Although ETFs have been around in the UK for more than five years, because they have been originally aimed at institutional investors, BGI says it is taking some time to break into the retail market particularly as advisers are unaware of the product and what it can do. Jennifer Grancio, head of distribution at iSh...
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