A force to be reckoned with

  The latest stage in the evolution of the ETF market is being dubbed the “new generation.” Although providers are adopting this term in slightly different ways, it can be seen to mark the birth of product ranges encompassing both traditional and synthetic replication, with an emphasis on transparency. Credit Suisse is one of the firms at the forefront of this development. The Swiss bank launched its inaugural UK range of 45 ETFs, including its new swap-based products in September. The firm’s initial UK offering comprises traditionally replicated funds tracking mainstream indices a...