The major theme this year has been risk management.
“Index investing, especially with ETF, has allowed investors and advisors to better control risk,” Neubert says.
I’m feeling pretty good about ETFs and the industry at large for 2009. There were a lot of people at the conference, and they were demonstrating genuine enthusiasm and optimism about what awaits next year.
The conference was a breath of fresh air, and it gave me the chance to speak with all the big ETF providers. All signs indicate that they’re looking ahead and thinking about 2009. Many have plans to launch exciting new products next year, such as the airline industry ETF. We’ll keep you posted on those products as the news develops.