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Following the 10th anniversary of ETFs in Europe, there has been a lot of positive sentiment among industry participants who are bullish on the market's auspicious future and likely growth in the retail arena.

  Indeed those not involved with ETFs are now turning to jump on the ETF bandwagon, which is gathering pace. Even the investors and independent financial advisers who perceive themselves as staunchly “active” are now admitting the passive approach has merit. While investors concede this is due to lower expenses, transparency and arguably superior performance, others are taking note of certain passive investment vehicles following the UK Financial Services Authority’s recent statement ending product commission in 2012.  However, despite the obvious increasing interest among advisers, t...

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