A record high of $539 billion worth of assets were invested in exchange traded funds and exchange traded products in Europe at the end of July 2016, according to a new research from ETFGI, an independent research firm.
The research shows that at the end of July this year investments were made in 2,200 ETFs/ETPs from 54 providers listed on 25 exchanges in 21 countries. Investment into global ETFs space was also reported at record highs with $2.4 trillion in the U.S., $191.8 billion in Japan and $81.19 billion in Canada.
With yields for traditional investments at record lows, investors have been scrambling to find other options that involve lower fees and higher returns. Traditional forms of investments such as equities and bonds in developed markets are failing to provide enough yields due to global uncertainty - including the events surrounding the Brexit vote.
Market analysts have been advising investors to look at areas like emerging markets and other forms of investments such as index trackers that tend to pay higher returns for lower fees.