Nevertheless, the ETF industry’s lower barrier to entry in Europe compared to the U.S. has attracted many new players.
For instance, in the European market, Finex Capital Management launched its first ETF based on Russia’s corporate bonds and plans to launch others aimed at Russian stocks. Vanguard also expanded its Europe-listed ETFs. First Trust also plans to put its AlphaDEX ETFs on London and Dublin exchanges. Moreover, Boost ETP, Lyxor and Ossiam all show interest on listing products in Switzerland.
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.