Behind the scenes, financial companies like Bank of New York Mellon have helped the ETF industry quickly grow and reach a wider audience.
“The level of conversations were having across the asset manager community on ETFs is just growing in abundance every day,” Jeff McCarthy, CEO of ETFs for BNY Mellon Asset Servicing, said at the Inside ETFs 2018 conference.
Companies like BNY Mellon help the ETF industry expand in a variety of ways.