"Liquidity is an issue for investors but it’s not a red alert. ETFs have held up in market volatility over the last 18 years and there’s been no issues in Europe.
"Look at the minicrash – investors might have presumed that a dip in US stocks would lead to a pullback from ETFs, but as the data from Bloomberg shows, this has not been the case."
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David.thorpe@ft.com
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