News Formal

The ‘rounding error’ in Australia’s ETF industry

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The ETF market is growing at a record pace but despite the solid growth, its $130 billion size is still small in comparison with the total assets of $4.3 trillion

Exchange-traded funds in Australia witnessed record inflows at close to $24 billion, which was just over $3 billion more than 2020, bringing the industry’s size to more than $130 billion locally.

Moreover, unlike active fund managers, there’s no key person risk where you’re relying on the perceived magic touch of a fund manager. “International exposures really have been the driver of growth in the market for Australians and it’s really being driven by thematics. Head of ESG and sustainability at BT, Jessie Pettigrew, says ETFs are “great in a sustainability context because there is a low barrier to entry and they’re relatively flexible, relatively liquid and transparent”.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

ALDI and Coles are the latest companies to boycott Russian liquor. More are set to followAustralian brands, including Aldi and Coles, are joining a global movement to boycott Russian liquor products amid Moscow's invasion of Ukraine. All Australian should not buy Russian or Belarus products. Every Australian can make a difference Since when was Aldi an 'Australian brand'?
La source: SBSNews - 🏆 3. / 89 Lire la suite »