ETF innovation needs to come from all sides, says Lyxor’s Adam Laird
Many platforms, particularly those employing legacy technology, don’t cater for ETFs, says Mark Northway, Sparrows Capital. Northway’s comments come in response to an article in Wealth Adviser on how platform challenges are holding back ETF adoption by discretionary fund managers.
However, Adam Laird, Head of ETFs, Lyxor ETF, believes that while there have been accessibility issues, there are far fewer problems than previously. “Since the introduction of MiFID, ETFs have grown hugely, and while there are still some situations where it is more difficult or expensive to access ETFs compared with traditional funds, we are seeing platforms in the process of responding.”