European exchange traded funds surpassed $1tn in assets last year, smashing all records. But for the head of one of Europe’s largest asset managers, ETF growth will accelerate in 2020 and beyond.
Asoka Wöhrmann, the chief executive of DWS, the largest asset manager in Germany, told Financial News that, in 2020, the booming ETF industry will comfortably surpass the record $125bn of new money raised last year.
