Detlef Glow, head of EMEA research at Thomson Reuters, has argued there are no signs of consolidation in the European ETF market, while any "clean-up" of product ranges is a sign of the maturity of the industry.
He said strong net sales of ETF products have fuelled the launch of new strategies, while the closure of product ranges receiving the least inflows is a positive for the market. "The closure of these…ETFs...
The US dollar is close to peaking and the risks now seem to be on the downside.
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