Financial advisers, online platforms, and retail investors are expected to be the top three segments driving global demand for ETFs over the next five years, PwC found.
Almost 86% of North American respondents expect that financial advisers will continue to create significant demand for ETFs over the next five years, contrasted with approximately 43% for Europe and Asia.
Further regulations against commissions in Europe will likely drive more financial advisers to use ETFs over the next five years.