Delta one decisions

  What are the different ways in which you use ETFs? We use them as a means of implementing tactical asset allocation changes quickly and efficiently. If you have made a decision and want to move fast you can do so with ETFs. Second, it is a way of gaining exposure to markets where there is no proven evidence that active managers can outperform indices. We also use them to gain access to themes, sectors or concepts in a targeted fashion, when we cannot find an appropriate active vehicle or when it would be too expensive to put a product together. So for example, we currently own the iS...