PT  - JOURNAL ARTICLE
AU  - Vladimir Nedeljkovic
TI  - Exchange-Traded Funds in Africa—<em>Challenges and Opportunities</em>
DP  - 2012 Jun 20
TA  - ETFs and Indexing
PG  - 131--134
VI  - 2012
IP  - 1
4099  - http://guides.pm-research.com/content/2012/1/131.short
4100  - http://guides.pm-research.com/content/2012/1/131.full
AB  - The exchange-traded fund (ETF) picture in Africa is a study of contrasts. The South African ETF market is relatively developed with 31 ETFs listed and approximately USD 4.75 billion in assets under management. However, Africa (ex-South Africa) has only three ETFs currently listed, and all three are secondary listings of ETFs with a primary listing in South Africa. This article briefly discusses the reasons behind this low level of penetration of ETFs in the African (ex-South Africa) markets, challenges experienced in introducing ETFs into the African markets, as well as the opportunities that ETFs can bring.