Report: ETFs a ‘Positive Force of Disruption’

InvestorDaily

Exchange-traded fund (ETF) businesses expect to grow by approximately 18 per cent for the next three to five years, according to a new report by Ernst & Young (EY).

The EY report, entitled ETFs: a positive force for disruption, found that ETF businesses will likely grow by 18 per cent for the next three to five years, with new product development also on the rise.

EY Oceania wealth and asset management leader Antoinette Elias said: “The ETF industry has an ability to turn investment problems into investment opportunities, so seeing this level of confidence in spite of current economic headlines is not surprising.”

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