Increasingly banks and asset managers are competing for a slice of the ETF pie - and are expanding across a diversity of geographical regions. Vanguard, the third largest provider of ETFs in the US according to BlackRock, plans on launching its inaugural range of UK-based funds some time this year.
Although the firm remains vague on specific details, it says it would follow its US model of offering ETFs for most of its open-end mutual funds and would only launch a few ETFs initially, in order to grow over time. Some are sceptical about the firm’s distribution capabilities in the UK, but its level of success in the US means participants await the initial product launch with interest. Click here for full story. In this month’s cover feature, Helen Fowler documents some of the effects of the rising number of new entrants to the ETF market. While there is evidence of total expense...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes