A poll of independent financial advisers has revealed that they expect the number of investments they make through exchange traded funds (ETFs) to increase over the next year.
Carried out by iShares, the survey showed that 88 per cent of respondents who already do have investments in ETFs and 98 per cent of those who do not believe they will increase their usage of the funds in the following 12 months.
The financial advisers said that the attraction of the investments was their low-cost structure, ability to be more precisely exposed to the market and the high levels of product transparency that are involved.
Andrea Morresi, head of European sales at iShares, said: "Our poll gives a clear indication that independent financial advisers increasingly appreciate the key attributes of ETFs and that the uptake of ETFs by retail intermediaries will only rise."
iShares recently launched a new guide containing information for those interested in ETF investments, outlining the main uses of each index category.
ETF investments to increase, says poll
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ETF investments to increase, says poll
Tue, 14 Jul 2009
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