PERFORMANCE

McNeil celebrates record assets in white label platform

McNeil celebrates record assets in white label platform

Europe’s first white label ETF platform HANetf has enjoyed 600 per cent AUM growth over the last six months, with net creations across the entire range of products, and assets growing to over USD500 million, according to Hector McNeil (pictured), co-CEO, who founded the firm with Nik Bienkowski in 2017 and issued their first ETF at the end of 2018.

IN MY OPINION

Rumi Mahmood, head of ETF research, Nutmeg, shares his thoughts on how ETFs behaved during the market crisis of early 2020

Rumi Mahmood, head of ETF research, Nutmeg, shares his thoughts on how ETFs behaved during the market crisis of early 2020

We’ve long held the view that in the next market downturn, somewhere down the line ETFs would be vilified. And that happened, initially, with headlines noting: wild swings in premiums/discounts; illusion of liquidity; exacerbating volatility. But after the initial hysteria and alarmist headlines, as calmer heads prevailed and market participants shared their truths, the tune changed, and ETFs emerged as a hero in troublesome times.