The ETF Industry Has Benefited From The Credit Crunch, according to Dan Draper, global head of ETFs for Lyxor Asset Management
“Mr Draper said investors continue to use ETFs to access multiple asset classes and market segments due to their liquidity, transparency and low cost,” Joy Dunbar Reports From FT Adviser.
He said: “The credit crisis has resulted in a move away from active funds and derivatives and structured products and the whole ETF industry has benefited. Investors want simpler and cheaper products.”
“Jason Butler partner of London-based Bloomsbury Financial Planning, said: “The ETF market has been growing as more consumers want to take control and want a cheaper and transparent form of investment. The credit crunch is another catalyst and brought it into focus.”
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