Earlier this month, Vanguard announced that it will replace six international equity ETFs tied to MSCI indices with FTSE benchmarks. [What Vanguard’s Index Swap Means for ETF Investors]
In a recent interview, Horton explained the Vanguard partnership as a “huge win for us,” describing the new relationship as “transformational for the index industry and transformational for the ETF marketplace.”
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Max Chen contributed to this article.