Source

Howard Chan will move to Pimco's London office in October as ETF product manager to help build its European offering.

Active ETFs have been slow to catch on in Europe but they are being used by investors looking for an alternative to equities, with the usual benefits of an ETF.

In the first of a series of weekly interviews, Michael John Lytle, Source's London-based director, talks to ETFM about his favourite pastimes and his alternative career path.

Despite all the noise around sythetic ETFs, there is just as much risk in physical ETFs if counterparty risk is not diversified.

Source has grown rapidly since it first joined the ETP market in 2009 and although it is comparatively small its flows put it above some of the biggest European players.

Trading visibility, or the lack of it, is one of the ETF industry's biggest challenges. With over-the-counter (OTC) trading on the rise in Europe, the true depth of liquidity is increasingly hidden, dampening confidence among investors and hindering asset...

"Not all ETFs are created equal. A worrying and common misconception in the market is the expectation that ETF's are a homogonous product set without looking into the assets backing the portfolio or the quality of the third parties involved in managing...

Source has teamed up with Bank of America Merrill Lynch to give investors exposure to emerging markets in Europe, the Middle East and Africa.

PIMCO and Source have launched the PIMCO Sterling Short Maturity Source ETF, a sterling-denominated addition to the PIMCO Short Maturity Source range of ETFs.