“There is vastly increasing usage of ETFs but there’s also more interest around ETFs – how to use them, how to actually customize them for a particular business, whether that be an adviser or an issuer,” he added. “There’s a great demand for information, and I didn’t see anybody pulling all those pieces of information into a cohesive package.”
ETFs have been growing in popularity amid heightened concern over wild swings in the financial markets and costly actively managed mutual funds that lag their benchmarks.
For more information on ETFs, visit our ETF 101 category.
Max Chen contributed to this article.