UniCredit liquidated its two remaining ETFs showing just how hard it is to succeed in certain markets. Australia reported positive ETF flows for October and is quietly catching up to Europe and America.
European mutual fund managers unconcerned by growth of ETFs
Despite the fact mutual fund managers do not perceive the ETF vehicle as a threat, more than half of those surveyed think that their competitors will launch an ETF offering at some stage.
ETFs are too big to ignore
ETF Stream put on a fantastic event last week which kicked off with a keynote from Arnaud Llinas of Amundi, who aptly quoted, “passives have not become too big but they are too big to ignore”.
