The FSA Spy market buzz – 6 September 2024
Machine learning Chinese investment, BlackRock’s AI patience, Time Magazine’s AI cover, happier staff equal better returns, do wealth managers add value? sexy legs and much more.
The ETF industry has experienced significant growth since its inception in 1993.
Four in 10 (41%) of the 60 firms around the world surveyed for the ‘PwC ETFs: A roadmap to growth’ report predict that global ETF AUM will reach at least $7trn by 2021.
Growth is expected to be strongest in Europe, but North America will still dominate in terms of total AUM.
A number of new firms; including traditional asset managements, insurance companies and banks, launched ETFs in 2015, something that PwC expects to continue in 2016 and beyond.
There was also an uptick in M&A activity in the ETF space last year as firms sought to acquire assets, talent, and distribution capabilities.
Click through the images above to read highlights of the report.
Machine learning Chinese investment, BlackRock’s AI patience, Time Magazine’s AI cover, happier staff equal better returns, do wealth managers add value? sexy legs and much more.
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