Banks ignore ETFs at their “peril” as instos pour in
Citi and Goldman Sachs are vying to secure a bigger share of dealing in the huge and fast-growing ETF market fuelled by strong institutional demand. This should help asset owners.
Just past $5.25 trillion and counting: that’s now the startling size of the global exchange-traded funds market. ETF assets have doubled every five years since 1998 – a trend that shows no sign of slowing, fuelled by steadily rising demand from institutional investors.
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