Europe's Gold ETF providers could learn from US peers : vima

Europe's Gold ETF providers could learn from US peers


Europe's Gold ETF providers could learn from US peers
Europe's gold exchange-traded fund (ETF) market saw a surge in demand in 2020 as investors sought safe-haven assets during the uncertainty sparked by the coronavirus pandemic, Brexit, and other geopolitical concerns.
However, with future demand dependent on how various factors play out, European gold ETF providers could benefit from adopting some of the steps taken by their North American counterparts, according to the latest Cerulli Edge—Europe Edition.
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"Over the past two years, there has been phenomenal growth in the global ETF market, particularly in Europe. When gold-backed ETFs were introduced around 17 years ago, they were dominated by North American funds, which captured a substantial portion of marketshare.

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