Is Google Planning To Revolutionise The Retail Investment Market?

LONDON - July 1, 2015 - PRLog -- The talk at the 6th Inside ETFs Europe conference is whether Google is about become a shock new market entrant and revolutionize the retail investment market.

The biggest players in the ETF market are at the conference, organised by ETF.com, which started on Monday and finishes today. IFA Magazine has a reporter at the event.

One of the main speakers at the conference is leading ETF advocate Professor Jeremy Siegel, who explained that disruptive technologies have historically been the driver of growth. Citing the Industrial revolution, the introduction of the phone and, computers he argued that positive disruption promotes step change economic growth. One of the drivers of the current poor GDP growth worldwide is the lack of an economic disruptive technology in play right now. He said it was not clear where that next disruption is coming from.

President and CEO of ETF.com Matt Hougan stated that EFTs were that very disruptive technology outlined by Professor Siegel. He argued that the inherent advantages of ETFs of cost efficiencies, instant tradability, close market tracking and scalability, makes them the ideal platform for Google to step in and dramatically shake-up the retail investment market.


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