Australian institutions urged to consider ETFs

The global financial services firm's research paper, Digging Deeper: Institutional ETF investing in Australia, reveals 30% of institutions are already considering using ETFs in a significant way. The report's 20 partcipants, who included investment managers, superannuation funds and insurance companies, directly manage or advise on over 40% of Australian assets under management. Russell said that while many initially perceived ETFs as a retail solution, further examination showed the majority were using the funds. Respondents were also able to pinpoint instances when they had used ...