ETP market to hit $1.2trn in AUM

The bank's inaugural ETP research shows European assets will grow to near €200bn, experiencing an increase of 20-25%. In the US, assets are set to surpass the $900bn mark, rising between 15-20%, although if bullish equity markets continue, AUM could reach $1trn in the US and €210bn in Europe. The research reveals European asset growth rates will continue to surpass the US, despite the latter market remaining substantially larger in absolute size and growth. It also says European market fragmentation will benefit the ETP flows in the region this year. Although Europe is considered a...