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Irish ETF assets set to almost double as new major US providers expected

The global exchange traded fund industry is set to expand at a rapid rate over the coming years, according to a report from PwC

Ireland to cement and benefit from its leading position in Europe’s exchange traded fund industry as new US providers expected to set up a base, according to PWC.

Ireland will further cement its leading position in Europe’s exchange traded fund (ETF) industry as new US providers are expected to set up a base in the country, according to consultancy firm, PwC.

ETFs are, as the name suggests, funds that trade on exchanges and usually track a specific index or theme of stocks.

The big four firm said 60 per cent of executives that responded to a survey predicted European ETF assets under management ...