The actively managed ETF market in South Africa is experiencing significant growth as investors seek offshore opportunities. With 28 funds listed since 2022 and predictions of more to come, the trend indicates a strong interest in this asset class.
The demand for actively managed exchange-traded funds (ETFs) in South Africa has risen significantly as investors seek to capitalize on offshore opportunities. This growth is anticipated to persist, with industry experts predicting further expansion in the market.
Ben Meyer, managing director at Prescient Structured Products Advisory, stated, “I won’t be surprised in the next 12 months if there are another 25 funds listed.” Although he refrained from disclosing specific fund managers or the types of actively managed ETFs anticipated, his outlook indicates strong market confidence.
Since the Johannesburg Stock Exchange (JSE) permitted the listing of actively managed ETFs in 2022, a total of 28 funds have been introduced, primarily focused on offshore investments. This trend reflects the increasing interest of South African investors in diversifying their portfolios through such financial instruments.
In conclusion, the actively managed ETF market in South Africa is experiencing robust growth, driven by a strong demand for offshore investment opportunities. With industry professionals foreseeing additional listings, it is clear that this market segment is poised for further development, enhancing the investment landscape for South African investors.
Original Source: citywire.com
