The TRADE TRADETech Daily 2018 - Page 20

THETRADETECH DA I LY THE OFFICIAL NEWSPAPER OF TRADETECH 2018 Growth of the passive Tom Digby, head of client trading coverage, capital markets, Invesco PowerShares, talks to TRADETech Daily about the rise of exchange- traded funds and offers his thoughts on this year’s TradeTech conference. What does the European exchange-traded fund (ETF) landscape currently look like? Tom Digby: The European ETF industry con- tinues to see double digit growth year-on-year. In 2017, assets under management (AuM) grew 40% to reach $802 billion, making it a record year since 2009. Whilst being a highly compet- easier to understand. Around 20-30% of ETF secondary market trading volume was visible pre-MIFID II via on-exchange trading. Now, with post-trade reporting requirements, we are seeing over-the-counter €‘=Q €Ω½±Υ΅•Μ)½΅”ΡΌ±₯‘Ёݑ•Ρ‘•ΘΩ₯„΅Υ±Ρ₯±…Ρ•Ι…°ΡΙ…‘₯Ήœ)™…₯±₯Ρ₯•Μ€‘5Q€°½Ι…Ή₯Ν•ΡΙ…‘₯Ήœ™…₯±₯Ρ₯•Μ)ΥΉ‘•Ι±ε₯ΉœΡΙ…‘₯ΉœΩ½±Υ΅•ΜΈ)]‘…Ё₯́‘Ι₯Ω₯ΉœΡ‘”Ι½έΡ ₯ΈΑ…ΝΝ₯Ω”₯ΉΩ•ΝΠ΄)₯Ήœ…ΉQ₯ΉΝΡΙΥ΅•ΉΡΜ°…Ή‘Όε½Τ•αΑ•Π)Ρ‘₯́Ι½έΡ ΡΌ½ΉΡ₯ΉΥ”ό)QθQ́…Ι”΅…Ι­•Π…•Ν́₯ΉΝΡΙΥ΅•ΉΡΜΈ]”)±₯Ω”₯Έ…Έ½Έ΅‘•΅…ΉΝ½₯•Ρδέ‘₯ ‘…́‰••Έ+Šq]₯Ρ ™••Μ½ΉΡ₯ΉΥ₯ΉœΡΌ‘•Ι•…Ν”…Ι½Ν́ё”QΑ…ΝΝ₯Ω”₯Ή‘ΥΝΡΙδ°)ΡΙ…‘₯ΉœQ́•™™₯₯•ΉΡ±δ‰•½΅•Μ…Έ₯ΉΙ•…Ν₯Ή±δΝ₯Ή₯™₯…ΉΠ)½΅Α½Ή•ΉΠ½˜…Ήδ₯ΉΩ•Νѽˊéѽх°½ΝЁ½˜½έΉ•ΙΝ‘₯ΐ»Št)₯Ρ₯Ω”₯Ή‘ΥΝΡΙ䁅΅½ΉΝЁ₯ΝΝΥ•Ίё₯́ɕ΅…₯ΉΜ…Έ)•α₯Ρ₯ΉœΝΑ…”ΡΌ‰”₯Έ™½Θ…±°₯ΉΩ½±Ω•Έ)ΥΙΡ‘•Ι΅½Ι”°Ι•Υ±…Ρ½ΙδΡ…₯±έ₯Ή‘́…Ι”)™…Ω½ΥΙ₯ΉœQ́…́ё•δ…₯΄ΡΌ™ΥΙΡ‘•Θ₯Έ΄)Ι•…Ν”ΡΙ…ΉΝΑ…Ι•Ήδ…ΉΡΌ΅…­”₯ΉΩ•ΝΡ΅•ΉΡΜ(Θΐ)Q!QIQ %1d(‘=Q€½ΘΙ•Α½ΙΡ•ΡΌ„ΡΙ…‘”Ι•Α½ΙΡ₯Ήœ™…₯±₯ΡδΈ)Q‘₯́΅•…ΉΜ™₯Ι΅Μ°έ₯Ρ Ρ‘”‘•±ΐ½˜…Έ)₯ΝΝΥ•ΛŠé …Α₯Ρ…°5…Ι­•Ρ́ѕ…΄°…Έ•Π„‰•ΡΡ•Θ)Ν•ΉΝ”½˜Ρ‘”ΡΙΥ”±₯ΕΥ₯‘₯Ρ䁅ΉΡΙ…‘₯Ήœ½ΝЁ½˜)…ΈQ™Ι½΄Ρ‘”Ν•½Ή‘…Ι䁡…Ι­•Π…ΉΡ‘”)‰Ι½Υ‘Ё…‰½ΥЁ‰δ‘…Ω₯ΉœΡ•‘Ή½±½δ…Ё½ΥΘ)™₯Ή•ΙΡ₯ΑΜΈQ́…Ι”…́΅Υ …Έ•α…΅Α±”½˜)Ρ‘₯́…́…ΉδΈQ‘”•…Νδ΅ΡΌ΅ΥΝ”Ή…ΡΥΙ”½˜QΜ)…ΉΡ‘”…‰₯±₯ΡδΡΌ•αΑΙ•Ν́„΅…Ι­•ΠΩ₯•ά₯Έ΄)ΝΡ…ΉΡ…Ή•½Υͱ䁑…Ω”‘Ι…έΈ₯ΉΩ•ΝΡ½Ίѽ݅ɑΜ