“We kind of articulate with asset managers that we can help them design, build, manage and grow their ETFs, and we deliver that through all of our businesses that we have as a firm,” McCarthy said.
Financial firms like BNY Mellon can help would-be money managers turn ETF issuers set up the backbone or infrastructure needed to bring their products to market. They can also look at ways to distribute products and build model portfolios that would incorporate a would-be ETF idea.
“We’re able to deliver that full breadth of services as well as more importantly outlook into what we’re seeing in this industry,” McCarthy added.
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