Few people see many bright spots in the credit crisis but Dan Draper, global head of Lyxor’s exchange traded funds, may be one of the exceptions.
“This period of market dislocation is a fertile time for ETFs,” as investors flee volatile global equity markets and head to more transparent and cheaper ways of investing, he says.
He has the data to support it. Last year, the European ETF market grew 6.5 per cent, with €91bn (£81bn, $117bn) assets under management, according to Lyxor Asset Management, part of Société Générale.
No comments:
Post a Comment