Many exchange-traded fund (ETF) and exchange-traded product (ETP) managers in Europe are adjusting their product offerings, hoping to gain market share and develop bestselling products. At the end of August 2013, the European ETF/ETP industry had 1,961 ETFs/ETPs, with 6,105 listings and assets of $372 billion, from 48 providers on 23 exchanges.
ETFs/ETPs have seen net inflows of $7.4 billion, year-to-date (YTD) through to the end of August 2013. Equity ETFs/ETPs gathered the largest net inflows
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