The number of client accounts at Barclays Stockbrokers holding ETFs has risen 137% in the past two years and is up 42% on 2009.
The average trade size at the firm has also grown by 28% over 2010, while the volume of assets traded has increased by over a third. Barclays Stockbrokers head of product Paul Inkster says clients are using ETFs both to capture short-term market movements and in long-term portfolio construction. "Two years on from when we first identified the increasing appeal of ETFs for retail clients, the level of take-up and interest in these investment products has been exceptional." Barclays' figures show investors chiefly using ETFs as a means of accessing the UK market, with funds tracking the...
To continue reading this article...
Join Professional Adviser for free
- 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