Standing against the tide

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Emma Dunkley looks at how the European ETF market continues to grow despite the current market cris...

Emma Dunkley looks at how the European ETF market continues to grow despite the current market crisis While equity indices in Europe and around the world are in decline, the European ETF market continues to proliferate, with increasing uptake among investors and a plethora of new product launches. Net sales of ETFs domiciled in Europe amounted to $76.5bn during 2008, while net sales of mutual funds were minus $495.1bn, according to the latest Barclays Global Investors' industry preview. As ETFs are designed to track an underlying benchmark, European ETF total returns from the la...

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