Assets held by the European ETF industry increased for a sixth consecutive year and marked a new all-time high at €631.2 bn at the end of December 2017.
ETF assets increased by 34.3% to $3.42 trillion at the end of December from $2.55 trillion at the end of 2016 – the fastest growth in the industry since 2009.
Safe haven areas of the market are once again in the spotlight after North Korean leader Kim Jong-un threatened the US with the “nuclear button”.
Equity ETFs are on track to pull in $300 billion in 2017, after solid flows in November – but the flows have also fuelled continued regulator interest in the industry.
Retail-focused ETFs have gained millions of assets thanks to the holiday season and Black Friday sales. Now could be a good time to invest in the sector as Goldman Sachs anticipates at least a third of annual retail sales take place in the final three months of the year.
Exchange-traded fund assets are anticipated to reach $7.6 trillion by 2020 thanks to upcoming regulations and an increased number of participants, according to new research.