The role of ETFs in pension funds

  Lothian Pension Fund portfolio manager Bruce Miller   How do you use ETFs in your portfolio and why have you opted to use them? Lothian Pension Fund currently invests in one ETF to track the performance of the FTSE 250 index in the UK. The investment was made to simplify the management of the portfolio, both from an internal fund management point of view and from an administrative point of view.   What is the ETF and what does it track? We use the iShares FTSE 250, which is designed to track the performance of the FTSE 250 index.  Why do you think ETFs are useful?  ...