Invesco Powershares: Smart beta assets to double by 2017
ETF provider Invesco Powershares has revealed research pointing to growing demand for smart beta indices in Europe.
The research, that targeted traditional market cap weighted index and smart beta index users in Germany, Italy, Switzerland, and the UK, with 56% of respondents stating that they would increase their investments in these strategies.
Existing smart beta users confirmed that, by 2017 the percentage of assets invested into smart beta products is expected to be 18%, double the allocation at the beginning of 2014.
respondents based in Germany, Italy and Switzerland expect at least a 100% increase in allocations, with respondents based in the UK, which leads the four markets in terms of current allocations, expecting an increase of just under 70% from 15% at the beginning of 2014 to 25% by 2017.