While the global ETF industry has grown tenfold over the last decade and is expected to growth more than 50% over the next two years, many asset managers do not have the expertise or resources to launch an ETF of their own. Tuckwell explains that CANVAS will help passive and active asset managers construct ETF-based solutions.

CANVAS will help managers launch ETFs on European-listed exchanges. In the U.S., AdvisorShares and Forum ETF Trust help market a number of actively managed ETF. Additionally, Exchange Traded Concepts provides a “turnkey solutions” for managers to expeditiously market new products. [New Firm Wants to Help Advisors Launch Active ETFs]

For more information on the ETF industry, visit our current affairs category.

Max Chen contributed to this article.