Surviving the perfect storm

Dan Draper, global head of ETFs for Lyxor, talks to Emma Oakman about the impact of the financial crisis on the growth of the ETF industry Dan Draper believes being a contrarian is essential to success. “But not to a fault,” he warned. Whether in his career or in investment, Draper said long term optimism was crucial. “Although emotions will fluctuate, to build a portfolio, you have to believe things are generally moving forward and getting better. However, you also need to be aware that this philosophy will create bubbles.”   During fifteen years in financial markets, Draper has seen...