The new battleground in corporate and personal security has shifted to the digital space, like much of the corporate infrastructure these days. One of the biggest single ETF stories in the industry in the past calendar year has been the massive amount of assets the first cyber security ETF, PureFunds ISE Cyber Security ETF (NYSEarca: HACK).
The launch of this star ETF was blessed from the start, following the massive Sony data breach and heightened concern over digital threats to corporate America. The ETF has swelled to over $1bn in assets in just over a year.
What’s behind its rise and what does the forecast look like? Tom caught up with Andrew Chanin, PureFunds’ CEO, to discuss the lightening his firm was able to catch with the launch and how he thinks the space will evolve.
Catch Tom and Andrew’s discussion below!