PT  - JOURNAL ARTICLE
AU  - A. Seddik Meziani
TI  - Europe's ETF Market
DP  - 2003 Sep 21
TA  - ETFs and Indexing
PG  - 39--45
VI  - 2003
IP  - 1
4099  - http://guides.pm-research.com/content/2003/1/39.short
4100  - http://guides.pm-research.com/content/2003/1/39.full
AB  - The ETF market in Europe has grown remarkably in recent years, with over 100 product offerings in just over three years. The rise of ETFs coincides with increased investor interest in (relatively cheaper) passive investing. However, doubts remain as to its potential to match the U.S. in terms of assets under management anytime soon. The European market is persistently fragmented due to multiple regulatory agencies and taxing authorities, numerous products on the same underlying benchmark, and the existence of many subscale exchanges.