Barclays Stockbrokers: ISA ETF holdings up 40%

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The number of Barclays Stockbrokers client ISA accounts using ETFs has increased 40% since January 2010 and 91% over the past two years.

The stockbroker says nearly a half of its clients' ETF holdings are in ISAs and over a tenth are in self-invested personal pension (SIPP) accounts, which have seen ETF usage increase 45% year-on-year. Barclays says the figures show investors making the most of their tax allowances, as both ISAs and SIPPs allow tax free use of ETFs. As the uptake of ETFs grows, the stockbroker's clients are showing a taste for diversifying their portfolios, including increasing exposure to emerging markets The most common ETF within an ISA remains the iShares FTSE 100, but the iShares MSCI Emerging ...

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