Australian ETF industry sees continued growth
May 14th, 2012 | By Simon Smith, CFAReflecting a pattern seen in other developed markets, the Australian ETF industry continued to grow during April as funds under management reached AUD$5.45 billion, just short of a record high, according to BetaShares’ Australian ETF Review for April. A continuing trend in ETFs, and one in evidence in April, has been the gradual shift between competing products as investors conduct their due diligence and look for similar beta exposures at lower costs.