Exchange traded products: The post-RDR boom product?

ETPs – a type of security that is derivatively-priced and which trades intra-day on a national securities exchange – were once the preserve of institutional investors, and largely unloved by retail advisers. Pre-Retail Distribution Review (RDR), this was partly due to the fact that advisers who derived their income from commission had little incentive to advise on a product that didn't pay it. There were other obstacles. ETPs encompass a variety of products, mainly passive but some actively managed, from exchange traded funds (ETFs), to exchange traded notes (ETNs), to exchange traded...