US ETF firms face challenges but industry assets set to grow globally
JPAM’s Bryon Lake has commented that ETF assets are set to double over coming years in his response to his firm’s global survey, with some unexpected findings on where the greatest growth may lie. Meanwhile, Vident Investment Advisory’s Denise Krisko, interviewed this week, comments that US ETF firms awaiting the SEC’s passing of the ETF Rule 6c-11 may have had an impact on net ETF issuance. The US ETF industry faces challenges, she says, not the least that it’s really hard to find something new under the sun and the costs of joining in are high.
In other news, Franklin Templeton’s Dina Ting has looked at the new additions and rebalances to the emerging market indices, particularly inclusion of Saudi Arabia and China A Shares, and the likely effect on their ETFs, while Tabula, the fixed income ETF specialist, hits its first birthday with EUR150 million in assets.
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Managing Editor, ETFexpress
Companies in this issue
JP Morgan Asset Management
Vident Investment Advisory