Ben Johnson shares his thoughts on how the constant innovation of ETFs is leading to increasingly complicated products
February saw the launch of Pimco Source’s active short maturity ETFs. Previous to that and further down the active end of the spectrum, Source launched its MAN GLG Europe Plus ETF. These strategies and others like them are pushing the envelope in terms of what is available within the ETP wrapper with increasing regularity. From a legal perspective, there are no real boundaries as to what constitutes an ETF; any that do exist come from investor perception. Providers are guided by what we expect of an ETF and generally speaking the largest products are still those that track liquid, bro...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes