Chile, India, Mexico and South Korea record year-on-year growth even as global assets fell. Financial markets may have slumped across most of the world in 2022, but a handful of countries are on track to see growth in exchange traded fund assets despite the headwind of plummeting valuations. The resilience attests to the growing adoption of ETFs around the globe — particularly in some emerging market economies where uptake has lagged behind more developed countries — as well as some pockets of resistance in financial markets themselves.
As of the end of November, Chile, India, Mexico and (just) South Korea were on track to record year-on-year ETF asset growth, according to data from Morningstar Direct, even as global ETF assets fell 7.6 per cent from $10.3tn to $9.5tn, according to ETFGI, a consultancy.
No comments:
Post a Comment