2023 is coming to an end and the ETF juggernaut ploughs on continuing to gobble up all before it, included all of the flows. And it’s happened all over the world.
Are there too many funds now available?
About 4,300 funds and ETFs alone have been launched in the US in the past decade, bringing the total to more than 10,000. In China the number of funds has doubled, reaching 10,576 at the end of last year. Judging by the pace of products that are being launched, have we reached a saturation point? Do investors really need more funds to achieve their objectives?
ETFs OVERTAKING MUTUAL FUNDS UCITS
A quiet week for global ETF launches and flow reporting. While in Europe, ETF growth outpaces that of EU-domiciled UCITS.