Regulators and investors alike are seemingly wary of swap-based ETFs. Yet the cited risks may be overblown and are not unique to these products. Helen Fowler reports
The first synthetic ETF was created in 2001 and was hailed as an innovative index product that mitigated tracking error. A decade later, these swap-based funds have suddenly caught the attention of regulators....
Funds by Amundi and Lyxor among entrants
European Fund and Asset Management Association
Will join IA sectors Q1 2020
Inflows of $99.1bn in Q1
Five key points
400 to be made redundant
Wealth manager also considering sale
'On the surface, flat-rate tax relief is very appealing'