ETF issuers strike gold in Saudi Arabia

This week our columnist Allan Lane of Algo-Chain writes on the difficulties of identifying the next best thing in ETFs…

Over the years I have often been asked what constitutes the next big idea in ETFs and my answer has never really changed. Coming up with a good idea is really not that hard but coming up with an ETF that will prove popular, now that's a different matter.

It has been barely a year since Invesco launched its Invesco USD MSCI Saudi Arabia UCITS ETF, before both iShares and HSBC followed suit.  What is it about London buses that they only arrive in threes?  In this instance these ETFs have a combined total assets under management that will soon cross the USD2.5 billion mark.  Who said passive investing was boring?

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