ETF market forecast to grow
Exchange Traded Fund (ETF) specialist BetaShares has predicted the market could grow to as much as $9 billion this year if financial markets remain appropriately buoyant.
Releasing the company's review of the ETF market for 2012, BetaShares head of investment strategy Drew Corbett said the market could grow to $9 billion in assets this year and $12 billion by 2014 in the right market circumstances.
As well, he suggested that if the fundamentals remained right a further two ETF issuers might enter the market.
The BetaShares analysis said the Australian ETF market had grown to $6.4 billion last year, with 25 new products launched - bringing the total number of products to 84.
The analysis named iShares, BetaShares and Vanguard as the top three product issuers in terms of net inflows last year.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
