The ownership of exchange traded funds (ETFs) by investors is growing at three times the speed of superannuation assets, according to provider State Street Global Advisors. The amount invested in ETFs registered in Australia will grow from $12 billion currently to $25 billion over several years, while a far greater figure is already invested by […]
The use of ETFs in Australia has grown almost 50 per cent since the beginning of 2013 reaching just shy of $10bn in funds under management as at the end of December. While in the early years growth was driven by retail investors, recent activity suggests ETF uptake by institutional investors is on the […]
Despite great predictions for the ETF market, growth of the low-cost index-based investment vehicles has slowed among retail investors and still has not caught on in with institutions. The average monthly value of exchange-traded funds (ETFs) traded on the ASX fell below $500 million in the 12 months to May 31, and now stands at […]
ASX, the owner and operator of the Australian stock market, expects 100 exchange traded funds (ETFs) by June 2013. “I’d be surprised if we weren’t at 100 by this time next year,” says Richard Murphy, general manager of capital markets at ASX. “There is not one big Australian fund manager not looking at ETFs.” Still, […]
Superannuation funds and asset managers want advice on derivatives, investments in Asia, mergers and regulatory changes and JPMorgan has four bankers servicing such needs, says Robert Bedwell, a managing director at JPMorgan. Bedwell says his colleagues have been asked over the last 18 months about how changes in US law may affect their investments. JPMorgan […]
Stuart Dear is at a famed Sydney restaurant trying not to appear too happy. The Aberdeen Asset Management portfolio manager is part of team that manages $14.5 billion in Australian bonds and is ranked number one by Morningstar. Aberdeen’s current 11-person team has over 10 years delivered a 7.2-per-cent annual gross return, according to Morningstar’s […]
Just as one of the world’s major consulting and multimanager groups is about to launch Australia’s first active exchange-traded funds (ETFs), an arch-rival consulting firm has questioned the attractiveness of the investment vehicle for institutional investors.