Growth in Asian institutional ETF usage ‘set to accelerate’

Institutional investors in Asia are increasingly using exchange-traded funds (ETFs) for strategic as well as tactical allocations, according to a Greenwich Associates study* due to be released today. Drivers of increased ETF usage include futures replication, multi-asset and smart-beta exposure, with fixed-income products expected to see more flows due to reduced bond liquidity, noted Greenwich. This was the research house's first separate ETF study for Asia and it was based on …