RISING demand for Exchange Traded Funds (ETFs) has prompted advisers to call for a fund of ETFs to be brought to market, according to Barclays Global Investors (BGI) client director Colin Tipping.
Tipping, whose firm is one of the major players in the ETF market through its iShares brand, says this is down to several factors but can be mainly attributed to a move by advisers towards asset allocation and indexation. "At the top level there has been an emergence of interest in ETFs," he said. "There is real traction in the IFA market. "In the UK, 20pc of the ETF market is retail and 15-20pc of advisers seem to be using ETFs now. "Advisers are increasingly building portfolios and managing risk. There has been a huge spike in ETF activity in the past couple of months. "Plus the R...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
