South Africa’s market for actively managed ETFs is expanding, with expectations for 25 more funds in the next year. Since 2022, 28 funds focusing on offshore investments have been launched on the JSE, indicating a significant shift among investors.
The actively managed exchange-traded fund (ETF) market in South Africa is experiencing a significant surge, attracting investors looking to tap into international opportunities. According to Ben Meyer, managing director at Prescient Structured Products Advisory, this trend is likely to continue, with the potential for approximately 25 additional funds to be listed within the next year. He refrained from disclosing specific fund managers or types of ETFs that may emerge in the market. Since the Johannesburg Stock Exchange (JSE) permitted the listing of actively managed ETFs in 2022, a total of 28 such funds have been launched, with a primary focus on overseas investments.
The growing interest in actively managed ETFs in South Africa indicates a robust demand for diversification and access to global markets. As the market expands, investors may find new opportunities for portfolio enhancement, reflecting a positive trend in the financial landscape.
Original Source: citywire.com
