Latin American ETF market sees 45.8% growth in assets

The review shows that Latin America has 11 locally domiciled ETFs, 174 exchange listings and assets of $7.47bn from two providers - iShares and Banco Itau - on two exchanges, as of the end of May. It highlights that the average daily trading volume of ETFs in US dollars has also increased by 34.1% to $172.8m, year to date. Ricardo Kaufmann, Bulltick Capital Markets head of full service brokerage, explains that ETFs in the Latin American market are increasingly popular, especially as clients are less inclined to do individual stock picking. He adds that as a lot of Latin American st...