Amundi expects retail investors to drive ‘massive’ ETF growth in Asia and Europe
Rapid wealth creation in Asia is also a tailwind for such funds, as is the urgent need for retirement savings
[PARIS] Inflows into exchange-traded funds (ETFs) are expected to “accelerate massively” in Asia and Europe, thanks to a rising trend of younger investors who invest and trade regularly, particularly on digital platforms, said Benoit Sorel, Amundi’s global head of ETF, indexing and smart beta business.
“My personal belief is that ETF growth is at an inflection point which is accelerating more than decelerating. I have very high ambitions… And with the element of deglobalisation, there is value in being a European asset manager.”
He was speaking to journalists on the sidelines of Amundi’s World Investment Forum in Paris last month.
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